Climate (MENA) 
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Acwa Power signs SAR 2.8 bn financial agreements for Hassyan plant
Acwa Power has a 20.4% stake in the project which is planned to produce 681.4k cbm of water per day
Dubai International Bank prices its USD 1 bn green sukuk issuance
The USD 1 bn sustainability-linked Shariah-compliant bond will have a 5.24% annual profit rate
Morocco’s OCP secures USD 188 mn in loans for green investment program
The funds will boost desalination and energy projects
Saudi National Bank kicks off sale of USD-denominated sustainable sukuk
The proceeds will be channeled for “general corporate purposes and to fulfill the bank’s financial and strategic objectives”
UAE and KSA lead sovereign sustainability-linked bond issuance in MENA
The UAE and Saudi Arabia are on track to remain the largest issuers of sovereign green bonds in the region…
Acwa Power gets the thumbs up to draw USD 2.3 bn loan for solar projects
The projects will have a total capacity of 4.5 GW
Morocco’s Medz secures EUR 115 mn green loan from EIB for decarbonization efforts
The funds will go toward decarbonizing 10 tech parks
AfDB supports Tunisia’s water treatment sector with a EUR 82 mn green loan
The project aims to shore up water supplies through advanced treatment methods, benefiting 670k farmers affected by Tunisia’s climate-induced droughts.
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