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World Bank's International Finance Corp planning Egyptian currency swaps

to dollars by local banks ,"  Reuters  quoted IFC Chief Executive Jin-Yong Cai as saying. "Just ... a hedging for investments." Cai reportedly said that the IFC needed local currency supplies ...

19/03/2013 - 07:46 - comment 0

World Bank sets up $400 facility to help SMEs in MENA

challenge in this region is economic growth, only with economic growth will we create jobs,” said Jin-Yong Cai at the World Economic Forum. Aside from a difficult business environment and a lack of a skilled labour force, companies in the region were mostly restrained by a lack of access to finance, added Cai ...

26/05/2013 - 05:01 - comment 0