Arab Bank provides $136m to Orascom Construction

In:

Transport

Region:

Middle East & Africa

Arab Bank has signed an agreement with Orascom Construction to provide EGP4.2 billion ($136 million) in financing for the Greater Cairo Metro Line 4 project.In November 2023, Orascom signed two contracts with the National Authority for Tunnels (NAT), which includes civil works for Greater Cairo...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

Will hyperscalers need access to hyperscale funding?

Perspective

30 August 2024

Will hyperscalers need access to hyperscale funding?

Many digital infrastructure booms begin with banks writing big tickets and suffering when business models do not pan out. Do data centres encourage greater discipline among...

Proximocast: 20 minutes with Jenn Aument, The New Terminal One

Interview

06 September 2024

Proximocast: 20 minutes with Jenn Aument, The New Terminal...

Proximo talks to Jenn Aument, CEO of The New Terminal One, about the mega bond refinancing of a New York airport mega-project.

Must See

Perspective

23 August 2024

US BESS: Pick your revenue model

Project financing in the US battery storage (BESS) market continues to grow. But this is still no vanilla market. There is a litany of BESS revenue models from state to state – all different, but ultimately all bankable.

Perspective

27 August 2024

Slow charge: EV-related project finance volume gets serious

The electric vehicles sector is gradually becoming a recognised asset class within the global project finance market.

Perspective

30 August 2024

Will hyperscalers need access to hyperscale funding?

Many digital infrastructure booms begin with banks writing big tickets and suffering when business models do not pan out. Do data centres encourage greater discipline among lenders?