Author Archives: enterpriseam admin
COP29 delivers final text tripling annual climate finance target after running into overtime
It aims to raise climate finance to USD 1.3 tn by 2035 for developing countries
IFC commits USD 300 mn to sustainability bond issuance + USD 155 mn in green financing to Orascom Development
IFC subscribed to the bond with USD 300 mn, while ERBD and BII each invested some USD 100 mn in the bond
Morocco’s CMGP gets approval to launch IPO
The company received approval from the AMMC to go public and hopes to raise MAD 1.1 bn
SAIB completes its USD 750 mn Tier 1 sustainable sukuk offering
The USD-denominated debt sale consisted of 3.75k sukuk, each valued at USD 200k, with an annual return of 6.37%
Egypt’s FRA facilitates the sale of 350 carbon credits
Stories on our radar this morning from around the region
The Bahamas has unlocked over USD 120 mn in a debt swap
China is trying to tackle longrunning overcapacity problems
NOVEMBER 2024 26- 27 November: (Tuesday - Wednesday): World Food Security Summit, Abu Dhabi, UAE. 26-28 November (Tuesday-Thursday): Egypt Energy Show, Cairo, Egypt. 27-28 November (Wednesday-Thursday): RAK Energy Summit, Ras Al Khaimah, UAE. DECEMBER 2024 2-13 December (Monday-Friday): Conference of the Parties (COP16) to the United Nation Convention to Combat Desertification, Riyadh, Saudi Arabia. 3-4 […]
TODAY: A big day for renewables in Egypt + Al Ajban solar farm breaks ground
What we’re tracking this morning regionally and around the world