First Independent Mena Newspaper
Commercial International Bank or CIB, one of Egypt’s leading private banks, has signed up for a $150 million loan from the European Bank for Reconstruction and Development (EBRD) to cushion against economic risks, a bourse statement said. Per the statement, the loan has a maturity of 10 years and will be used to optimize the […]
The European Bank for Reconstruction and Development supports SDX Energy Morocco with a loan of up to €10 million to finance the enhancement of upstream gas production and related gas transport infrastructure to Kenitra industrial zone customers, facilitating the switch away from polluting fuel oil. Eric Rasmussen, director of the EBRD’s Natural Resources team said: […]