Africa Loans
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Supporting GCC real estate initiatives to promote regional economic growth and sustainability Manama, Bahrain - 9 May 2012: Khaleeji Commercial Bank (KHCB), one of the prominent Bahrain-based Islamic retail banks, has announced that it had arranged a financing deal with Meydan Group LLC worth USD$40 million for the group's general working capital requirements and funding of various on-going projects, including the pioneering Meydan City in Dubai.
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Source: Euclid Infotech
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Source: Business News Americas
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Source: Islamic Development Bank
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The Board of Executive Directors of the Islamic Development Bank (IDB) concluded its 278th meeting in Jeddah, Kingdom of Saudi Arabia, approving allocations of more than US$ 890 million of financing for strategically important development projects in a number of member countries as well as some other projects for Muslim communities in different parts of the world.
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The Islamic Development Bank has given the go ahead for financing of a mega electricity production project in the People’s Republic of Bangladesh.
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07.08.2011, Jeddah, KSA - The Islamic Development Bank Group has approved US$ 200 million for funding a mega electricity production project in Egypt.