SAIB + Emirates NBD issue sustainable sukuk and bonds
SAIB’s sustainability sukuks are expected to wrap today, just after NBD raised USD 500 mn from sales of sustainability-linked bonds
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SAIB’s sustainability sukuks are expected to wrap today, just after NBD raised USD 500 mn from sales of sustainability-linked bonds
This comes as a part of the Resilience and Sustainability Facility which now totals USD 747 mn for Morocco
When operational, the project will offset 2.4 mn tons of carbon dioxide annually and produce enough power for nearly 1.1…
The money will go towards Çimsa Çimento’s decarbonization efforts
The funding was secured from the EBRD, German Investment Corporation, and Proparco
The EBRD and World Bank helped develop the plan
Several local and global financial institutions were involved
The projects are set to be completed and commissioned gradually until 1Q 2026
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