{"id":558319,"date":"2021-08-04T04:22:37","date_gmt":"2021-08-04T04:22:37","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/04\/hotelier-rotana-to-manage-new-residential-developments-bausch-health-continues-global-debt-reduction-strategy\/"},"modified":"2021-08-04T04:22:37","modified_gmt":"2021-08-04T04:22:37","slug":"hotelier-rotana-to-manage-new-residential-developments-bausch-health-continues-global-debt-reduction-strategy","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/04\/hotelier-rotana-to-manage-new-residential-developments-bausch-health-continues-global-debt-reduction-strategy\/","title":{"rendered":"Hotelier Rotana to manage new residential developments + Bausch Health continues global debt reduction strategy"},"content":{"rendered":"

The IFC will invest USD 100 mn in Egypt\u2019s first <\/strong>corporate green bond offering by CIB<\/a><\/strong>, the institution announced in a statement<\/a>. The bond will help CIB finance businesses looking to invest in green buildings, renewable energy, and other eco-friendly solutions, with the IFC financing its investment through the UK-IFC Market Accelerator for Green Construction. The IFC will also provide advisory support to CIB, including technical assistance. CIB\u2019s green bond is the first such offering by a corporation in Egypt.<\/p>\n

International hotelier Rotana has signed agreements with two local real estate <\/strong>firms to manage residential developments<\/strong>, it recently announced in a statement<\/a>. The Emirati firm will manage Al Marasem Development\u2019s New Cairo Lake Residence apartments, and Marina Way Lagoon\u2019s Marina Bay holiday rentals in Alamein on the North Coast.<\/p>\n","protected":false},"excerpt":{"rendered":"

The IFC will invest USD 100 mn in Egypt\u2019s first corporate green bond offering by CIB, the institution announced in a statement. The bond will help CIB finance businesses looking to invest in green buildings, renewable energy, and other eco-friendly solutions, with the IFC financing its investment through the UK-IFC Market Accelerator for Green Construction. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[111,576,72,427,287,280],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-558319","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-banque-misr","tag-enterpriseam","tag-pharma","tag-smes","tag-sukuk","wpautop","entry"],"acf":{"mongo_id":"0bcb1c70-719f-4566-870f-0b4f3bcc140a","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[558299],"teaser":"","voice_url":""},"yoast_head":"\nHotelier Rotana to manage new residential developments + Bausch Health continues global debt reduction strategy - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/04\/hotelier-rotana-to-manage-new-residential-developments-bausch-health-continues-global-debt-reduction-strategy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hotelier Rotana to manage new residential developments + Bausch Health continues global debt reduction strategy\" \/>\n<meta property=\"og:description\" content=\"The IFC will invest USD 100 mn in Egypt\u2019s first corporate green bond offering by CIB, the institution announced in a statement. 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The financial institution would invest USD\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":555713,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/24\/cib-approves-green-bond-funding\/","url_meta":{"origin":558319,"position":2},"title":"CIB approves green bond funding","author":"enterpriseam admin","date":"24 November 2021","format":false,"excerpt":"Our friends at leading private sector bank CIB have approved the allocation of USD 70 mn in proceeds from its maiden green bond issuance to fund sustainable projects, the bank said in a statement (pdf) yesterday.CIB went ahead with Egypt\u2019s first-ever corporate green bond issuance earlier this year, which saw\u2026","rel":"","context":"In "GREEN FINANCE"","block_context":{"text":"GREEN FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/category\/green-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/577.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":574257,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/03\/cib-on-track-to-issue-egypts-first-green-bonds-in-october\/","url_meta":{"origin":558319,"position":3},"title":"CIB on track to issue Egypt\u2019s first green bonds in October","author":"enterpriseam admin","date":"3 September 2020","format":false,"excerpt":"CIB\u2019s USD 65 mn in green bond issuance take place in October after finalizing the due diligence process, Heba Abdellatif, head of debt capital markets at CIB, told Enterprise. 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