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EFG Hermes closes Palm Hills securitisation worth $13.63m

EFG Hermes, a leading investment bank and Palm Hills Developments (PHD), a noted real estate developer, have closed an EGP421 million ($13.63 million) securitised bond, the 2nd issuance in a EGP5 billion programme.  The issua

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EFG Hermes closes Palm Hills securitisation worth $13.63m

EFG Hermes, a leading investment bank and Palm Hills Developments (PHD), a noted real estate developer, have closed an EGP421 million ($13.63 million) securitised bond, the 2nd issuance in a EGP5 billion programme.  The issua

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Engie JV reaches financial close for Abu Dhabi's street lighting project

Abu Dhabi Investment Office said it has achieved the financial close with Nojoom, a joint venture between French multinational utility companies EDF and Engie, for the implementation of its key LED street lighting PPP project in the UAE capita

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Engie JV reaches financial close for Abu Dhabi's street lighting project

Abu Dhabi Investment Office said it has achieved the financial close with Nojoom, a joint venture between French multinational utility companies EDF and Engie, for the implementation of its key LED street lighting PPP project in the UAE capita

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EFG Hermes Corp-Solutions closes $27m bond issuance

EFG Hermes’ Investment Banking division has successfully closed an EGP500 million ($27 million) bond issuance for EFG Hermes Holding subsidiary EFG Hermes Corp-Solutions.    The transaction is part of

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Verofax secures $1.5m in pre-Series A round

Verofax Limited, an Asset Digitisation and Traceability solutions provider, has closed a $1.5 million pre-Series A round by international investors. The investors were led by Benson Oak Ventures, with 500 Startups, Wami Capital and Vernalis Ca

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Verofax secures $1.5m in pre-Series A round

Verofax Limited, an Asset Digitisation and Traceability solutions provider, has closed a $1.5 million pre-Series A round by international investors. The investors were led by Benson Oak Ventures, with 500 Startups, Wami Capital and Vernalis Ca

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Dubai commercial outlets to close for two weeks

Dubai Economy has directed commercial establishments in the emirate to close down for two weeks starting today in line with the preventive measures announced by the Ministry of Health and Prevention and the National Emergency Crisis and Disast

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Non-essential businesses to close in Bahrain from Mar 26

Bahrain has announced that all non-essential businesses will be temporarily closed in the kingdom from Thursday (March 26) to April 9.   The directive issued by the Government Executive Committee, chaired by His

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Non-essential businesses to close in Bahrain from Mar 26

Bahrain has announced that all non-essential businesses will be temporarily closed in the kingdom from Thursday (March 26) to April 9.   The directive issued by the Government Executive Committee, chaired by His

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