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Europe, Middle East & North Africa

Contact Information

Walid Al Murshed

Principal Country Officer         

Diplomatic Quarter, UN-Building
P.O. Box 5900, Riyadh 11432
Riyadh, Saudi Arabia
+966 1 483 4956
+966 1 488 5311


IFC in Bahrain

IFC's strategy in Bahrain focuses on promoting cross-border investments by encouraging strong regional firms to invest in emerging markets. The country's business groups possess significant expertise in several sectors, including telecommunications, retail, aluminum, and oil and gas.

IFC's recent investments in Bahrain include:

  • A $100 million Hilal Sukuk listed on the Bahrain stock exchange. The sukuk, or Islamic finance investment certificate, is an investment vehicle that complies with the tenets of Shariah law. 
  • A $240 million commitment to Bahrain’s Ahli United Bank, the country’s third-largest bank, to support its expansion into frontier and emerging markets of the Middle East and North Africa, including Egypt, Iraq, Lebanon, Oman, and Yemen.
  • An equity participation of up to 10 percent, or $40 million, in Delta International Bank of Egypt, which the AUB Group acquired in 2006.

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