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THIS MORNING: Omicron’s world tour continues + the markets had a wild, wild weekend
Good morning, wonderful people, and welcome to the first full week of December. Before we get underway, we offer our…
NBE in talks for USD 600 mn facility
State-owned National Bank of Egypt (NBE) is in talks with an Asian development bank to borrow more than USD 600…
Lekela’s West Bakr wind farm is live
Actis-backed Lekela’s West Bakr wind farm became fully operational yesterday: Renewable power generation company Lekela Power announced yesterday (pdf) that…
A slice of the GBP 2 bn pie?
Could Egypt get a slice of CDC’s planned GBP 1.5-2 bn in annual investment between 2022 and 2026? CDC Group,…
More green finance from the EBRD
EBRD pumps more USDs into Egypt: Intro Sustainable Resources (IRS) is in line to receive USD 5.3 mn in green…
AIIB approves USD 360 mn loan to support Egypt’s post-covid economy
We’re getting a USD 360 mn loan from AIIB: The Beijing-headquartered Asian Infrastructure Investment Bank (AIIB) has approved a USD…
CIB approves green bond funding
Our friends at leading private sector bank CIB have approved the allocation of USD 70 mn in proceeds from its…
TONIGHT: We’re getting more development financing from AIIB + SODIC shareholders have 10 days to respond to Aldar-ADQ MTO. Plus: Biden turns on the oil taps
Happy hump day, wonderful people, and welcome to another relatively calm afternoon for the news as we slide towards the…
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