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IFC approves $ 90 m loan for KIMA

06/16 10:40

Arab Finance: Mohammed Rashid, Official at Ministry of Planning and International Cooperation, stated that Islamic Development Bank’s (IDB) affiliate International Finance Corporation (IFC) finally approved to provide Egyptian Chemical Industries (Kima) (EGCH) $ 90 million to finance its new project, Almal newspaper reported.

He added that, the bank is about to sign the loan in the coming few days after reaching the final agreement.

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