Tuesday 31 May 2016
 
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Funding

Egypt wins Kuwait funding for infrastructure projects

Egypt is set to secure $100 million funding from Kuwait government for the speedy development of its key infrastructure projects in the Sinai region of the Arab nation, said a report. The Egyptian government will sign an agreement

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Turkmenistan seeks Saudi, Japanese funding for gas link

Turkmenistan is in talks with the Islamic Development Bank, the Saudi Fund for Development and Japan's government on financing the construction of a gas pipeline to Afghanistan, Pakistan and India, a project official said on Saturday.

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Turkmenistan seeks Saudi, Japanese funding for gas link

Turkmenistan is in talks with the Islamic Development Bank, the Saudi Fund for Development and Japan's government on financing the construction of a gas pipeline to Afghanistan, Pakistan and India, a project official said on Saturday.

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US on track to approve $1.1bn Zika funding

The US Senate on Tuesday cleared the way for approval of $1.1 billion in immediate funds to battle the Zika virus that is linked to birth defects, well above what is in legislation pending in the House of Representatives. By a vot

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Funding remains major challenge for SMEs

Access to finance remains the biggest challenge facing small businesses and entrepreneurs in the United Arab Emirates (UAE), according to a new survey which highlights the contribution of the sector to economy.   Funding issue

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Funding remains major challenge for SMEs

Access to finance remains the biggest challenge facing small businesses and entrepreneurs in the United Arab Emirates (UAE), according to a new survey which highlights the contribution of the sector to economy.   Funding issue

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Excalibur to meet banks over Tata UK bid funding

Excalibur Steel, the management buyout group interested in purchasing Tata Steel's assets in Britain, will meet bankers on Friday to seek financing for the deal. Tata UK executive Stuart Wilkie, who leads the group, said that

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Saudi Aramco approves funding initiatives including sukuk programme

KHOBAR: Saudi Aramco's IPO board has approved a number of funding initiatives including the creation of a sukuk programme, its weekly magazine the Arabian Sun reported.   The board, which met last week in Jap

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Morocco gets funding for rail infrastructure work

The Moroccan government has signed loan agreements worth $112.30 million with the African Development Bank (AfDB) to secure funding for the railway infrastructure projects being initiated by the National Railways Office (ONCF), said a report.

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Abraaj lead investor in $150m India firm funding

UAE-based Abraaj Group, a leading investor operating in global growth markets, has announced that it led a $150 million round of fundraising for BigBasket, India’s foremost online grocery business. The capital raise saw the

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