ACCIONA secures US $317mn in sustainable financing for projects in the GCC

ACCIONA has secured new sustainable financing worth US $317mn to fund key projects aimed at reducing carbon emissions and fostering sustainable growth...

Infrastructure

US $2.1bn in financing approved for Philippines bridge project

The Asian Development Bank (ADB) has approved US $2.1bn in financing for a new bridge project. The 32.15km Bataan–Cavite Interlink Bridge (BCIB)...

Property

US $2.1bn in housing benefits unveiled by Abu Dhabi authorities

Housing benefits worth US $2.1bn have been disbursed by Abu Dhabi authorities ahead of the UAE’s 52nd National Day. The disbursement of...

Financial

US $1bn facility approved for new bridge in Argentina

A US $1bn credit package has been approved by the Inter-American Development Bank (IDB) for a new bridge over the Paraná River...

Financial

EFG Hermes concludes advisory on $195.78mn loan for Cairo – O West project

The advisory for a syndicated ten-year loan of US $195.78mn for Orascom Development Egypt’s (ODE) subsidiary Orascom for Real Estate (ORE) has...

Financial

RB Rail AS secures US $1.2bn in additional funding for Rail Baltic link

An agreement has been signed by RB Rail AS, which will bring an additional US $1.2bn in funding from the European Cohesion...

Industry News

Saudi Crown Prince launches Global Water Organisation

Plans to establish the ‘Global Water Organisation’ have been announced by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud,...

Energy

Major Saudi-Chinese credit deal signed as ACWA secures portfolio funding

Acwa Power, a Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, has signed a three-year...