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“European development banks launch green fund in Egypt” – Development Finance – March 31, 2017

On March 31, 2017 Development Finance reported that four European development institutions have established a green fund in Egypt. “The European Bank for Reconstruction and Development (EBRD), the Agence Française de Développement (AFD), the European Investment Bank (EIB) and the European Union (EU) have launched a €140m Green Economy Financing Facility (GEFF) for Egypt. The programme will provide loans for energy […]

“NBAD launches first Green Bond in the Middle East” – National Bank of Abu Dhabi (NBAD) – March 30, 2017

On March 30, 2017 the National Bank of Abu Dhabi (NBAD) announced that it successfully priced its debut $587 million five-year green bond due March 30, 2022.  The bonds will be listed on the London Stock Exchange. Stephen Jordan, Group Treasurer of NBAD, said: “This is another landmark transaction for NBAD and the first ever […]