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World Bank to Finance Lafarge Cement Plant in Kerbala

By Editor on 1st January 2013 in Construction & Engineering In Iraq, Investment

IFC, a member of the World Bank Group, is providing a $70 million loan to help renovate a cement factory in Iraq, part of an effort to support the local building sector and aid in the country’s reconstruction. The financing will allow Kerbala Cement Manufacturing, a subsidiary of France’s Lafarge, to rehabilitate a state-owned plant […]

Tags: cement, France, French Development Agency, International Finance Corporation (IFC), Kerbala Cement Manufacturing, Lafarge, MerchantBridge, Proparco, World Bank

Zain Iraq Secures $400m Debt Facility

By Editor on 2nd March 2011 in Iraqi Communications News

IFC, a member of the World Bank Group, is supporting economic growth and expanded access to telecommunications services in Iraq through a landmark $400 million, seven-year debt facility for Zain Iraq, the country’s largest mobile phone operator. Zain Iraq is a subsidiary of Kuwait-based telecommunications operator Zain Group, a longtime IFC partner. Zain is the […]

Tags: Ahli United Bank, DEG, Deutsche Investitions- und Entwicklungsgesellschaft mbH, FMO, IFC, Infrastructure Crisis Facility, Netherlands Development Finance Co, Proparco, World Bank, Zain

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