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Emirates prices USD 750 mn AT1 issuance
Plus: Banking consortium arranging funding for the Kuwaiti pipeline sale takes shape
Emirates NBD is testing appetite for an AT1, but Burjeel thinks investors are asking too much
Plus: War or not, Citadel is setting up shop in DIFC
Dubai’s embedded finance startup Comfi raises USD 65 mn to expand into Saudi
AND: Fawry secures an on-lending package focused on SMES and founders
Syria clinches USD 225 mn World Bank grant
The funding will support rebuilding water and sanitation infrastructure, as public health access
The UAE doesn’t want a loan from DC — but it does want to send a message
The UAE doesn’t want a loan — but it sure wants AI compute. And F-35s. And more interceptors. And for…
Moody's downgrades Bahrain and Iraq’s credit outlook to negative
With no oil revenues and limited access to affordable debt, some of both countries’ spending drives could be derailed
Regional debt markets edge back from the brink
“It looks like there is appetite in the market and cash is being put to work”
EBRD extends EUR 5 bn lifeline for war-affected economies
PLUS: Paris Criminal Court hands down terrorism finance ruling to Lafarge for Syria cement factory
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