financing

This week, Jordan’s Renewable Energy and Energy Efficiency Fund (JREEEF), affiliated with the Ministry of Energy and Mineral Resources, signed an agreement with the USAID Business Growth Project to enhance …

Mashreq, a financial institution in the MENA region, has led a $3.25 billion leverage buyout sustainability-linked financing for international education company GEMS Education. The bank served as the Lead Sustainability …

The Arab Coordination Group (ACG), a strategic alliance of ten local and regional development institutions, has shared that in 2023, it extended some US$17 billion collectively to fund nearly 500 …

Sustainable infrastructure investor Alcazar Energy has announced that it has reached a final closing of US$490 million for its second renewable energy fund, attracting capital from investors in North America, …

Climate change continues to ravage Africa, which is enduring extreme weather and natural disasters on an unprecedented scale. My own country, Kenya, has just emerged from its longest drought on …

Abdul Latif Jameel Finance has announced the launch of a new EV financing program in Egypt. It was shared that through the program, at least a 20 per cent down …

Oman-based Islamic Bank, Bank Nizwa, has signed a strategic partnership with MSA Green Projects LLC (MSA Green), extending sustainability-linked financing to support its mangrove plantation endeavour in collaboration with the Oman Environment Authority, it …

The Regional Ocean Summit, part of Economist Impact’s World Ocean Summit series, is set to take place in the Hashemite Kingdom of Jordan at the Dead Sea, gathering over 200 …

NEOM has announced that it has secured a new revolving credit facility (RCF) worth SAR 10 billion, which will be used to support its short-term financing requirements. The RCF, which adheres to a …