The World Bank Group debarred ARINC Incorporated for 33 months following the company’s acknowledgment of a violation of the Bank’s Procurement Guidelines in the Bank-financed Airports Development project in Egypt. The 33-month debarment is part of a Negotiated Resolution Agreement between ARINC and the World Bank Group. Under the Agreement, ARINC committed to cooperate with the World Bank’s Integrity Vice Presidency and continue to improve its corporate compliance program. This debarment qualifies for cross-debarment by other Multilateral Development Banks under the Agreement of Mutual Recognition of Debarments that was signed on April 9, 2010.