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OPEC Fund raises USD 1 bn from its first sustainability bond
OPEC Fund issues maiden sustainability bond: The Vienna-headquartered OPECFund for International Development has raised USD 1 bn from a three-year…
Israel takes maiden USD 2 bn green bond issuance to market
Israel sold USD 2 bn of 10-year green bonds, marking the country’s maiden green bond issuance, Reuters reports, citing a…
Egypt’s KarmSolar gets funding from HSBC for Western Desert microgrid
Egypt’s KarmSolar secures funding for new microgrid: Egypt’s cleantech firm and electricity distributor KarmSolar has secured a EGP 83 mn…
Turkey’s EV sector is getting a boost thanks to EBRD and Ford
EBRD is helping Turkey to expand EV charging infrastructure: The European Bank for Reconstruction and Development (EBRD) is providing Turkey's…
KSA’s Acwa Power targets SAR 1.8 bn financing through new sukuk issuance
Acwa Power plans sukuk issuance to shore up project financing: Tadawul-listed renewables player Acwa Power pulled the trigger on a…
Majid Al Futtaim is going for another sustainable loan
UAE-based retail giant Majid Al Futtaim (MAF) has raised a USD 1.25 bn sustainability-linked loan (SLL), the company said yesterday.…
Dubai Islamic Bank’s maiden green sukuk issue was nearly 2x oversubscribed
Dubai Islamic Bank (DIB) sold USD 750 mn of its maiden sustainable Shariah-compliant bonds (sukuk), Reuters reported yesterday, citing a…
Egypt launches guide for “Just Financing,” ADGM wants a piece of the regional carbon market, and more…
Egypt launches guide to “Just Financing”: Egypt’s International Cooperation Ministry launched the Sharm El Sheikh Guidebook for Just Financing (pdf)…
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