Tag Archives: financing

EIB and Arab Bank sign €300 million financing agreement

Related Articles LONDON: The European Investment Bank (EIB) and Arab Bank have signed a financing agreement of €300 million to support small and medium-sized enterprises in Jordan, Egypt, Lebanon, Morocco and the Palestinian territories.The operation comes under the EIB’s Economic ...

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France Investigates Lafarge Executives for Terrorist Financing

PARIS — The former chief executive of LafargeHolcim, the world’s largest cement maker, and five other top company officials are being formally investigated as part of a government inquiry into whether the firm helped finance the Islamic State militant group ...

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Lafarge executive charged with financing Daesh

Related Articles PARIS: An executive at Swiss-French cement-maker Lafarge was charged Friday with indirectly financing terror groups through the company’s activities in war-torn Syria, his lawyer said.Lafarge stands accused of paying the Daesh group and other militants through a middleman ...

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China to cut consumer product tariffs, step up bank financing

BEIJING: China will lower tariffs and step up bank financing to support more imports as the country’s massive trade surplus has a negative impact on its citizens, commerce ministry officials told reporters on Thursday.China runs a vast trade surplus and ...

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Finocracy Leverages Leadership Development and AI to Scale Higher Education Financing for Underserved Young Women

Finocracy Leverages Leadership Development and AI to Scale Higher Education Financing for Underserved Young Women

Dubai – Finocracy announces the launch of Winnisa, a platform dedicated towards promoting Income Share Agreements (ISAs), and other innovative mechanisms, as solutions for higher education financing needs. To grow Winnisa, Finocracy has teamed up with Wedu, a multi-award winning ...

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IFC closes $653 million financing for Egypt solar plants

Related Articles DUBAI: International Finance Corporation (IFC), a member of the World Bank Group, on Sunday said it had completed a $ 653 million debt package to finance building 13 solar power plants near Aswan in Egypt, planned to be ...

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Egypt expects to renew financing deal with global banks

NEW YORK: Egyptian Finance Minister Amr El-Garhy said on Monday he expects a financing agreement with a consortium of global banks will be renewed for another year with the aim to boost foreign reserves while the government implements economic reforms.“I ...

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World Green Economy Summit (WGES) 2017 to shed light on green financing for sustainable growth and development

Dubai, UAE – In an endeavour to step up support for green financing and to leverage innovative finance mechanisms, the fourth World Green Economy Summit (WGES) 2017, set to be held on 24-25 October 2017 at Dubai International Convention and ...

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