Saturday 3 December 2016
 
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Egypt gets $296m EU funding for windfarm project

The Egyptian government has signed an umbrella agreement with European Development Partners to secure €267 million ($296 million) funding for the development of a new large-scale windfarm in the Gulf of Suez area in Egypt. Wi

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Egypt gets $296m EU funding for windfarm project

The Egyptian government has signed an umbrella agreement with European Development Partners to secure €267 million ($296 million) funding for the development of a new large-scale windfarm in the Gulf of Suez area in Egypt. Wi

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Khozama secures $346m Saudi NCB funding

Al Khozama Management Company, a Saudi-based hospitality and property management company, said it has signed a substantial funding agreement with the National Commercial Bank (NCB) to secure SR1.3 billion ($346 million) funding for its future pr

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Emirates Capital to source funds for Norwegian firm

The Emirates Capital Limited (TECL), a boutique corporate finance firm with offices located in the DIFC, Dubai, has been retained to assist with sourcing capital funding of more than $21 million by a Norwegian based company (client), a statement

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Egypt gets $500m funding for project development

Egypt has signed a $500 million agreement with the World Bank to fund the Upper Egypt Local Development Programme, including the improvement of key infrastructure at Qena and Sohag governorates, said a report. The agreement was si

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Egypt gets $500m funding for project development

Egypt has signed a $500-million agreement with the World Bank to fund the Upper Egypt Local Development Programme, including the improvement of key infrastructure at Qena and Sohag governorates, said a report. The agreement was si

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Egypt gets $500m funding for project development

Egypt has signed a $500-million agreement with the World Bank to fund the Upper Egypt Local Development Programme, including the improvement of key infrastructure at Qena and Sohag governorates, said a report. The agreement was si

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Egypt seeks Kuwait funding for strategic projects

Egypt is in talks with the Kuwait Fund for Arab Economic Development (KFAED) to help finance three new development projects in Sinai region, said a report. These include road development works, upgradation of a fishing port in Al

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Emirates looking to raise $2.5bn for A380s

Dubai-based Emirates airline is seeking to raise $2.5 billion to fund the purchase of Airbus Group SE A380 superjumbos, said a report. The carrier is planning an 18-month bridge loan priced at about 135 basis points over the Londo

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Kuwait Styrene secures $280m NBK funding

Kuwait Styrene, a joint venture between Kuwait Aromatics Company and Dow Chemical Company, said it has secured a $280-million loan from the National Bank of Kuwait (NBK). The loan would be used for general business purposes, the b

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