Business

DEG: new business reaches record high of EUR 1.9 billion

DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH committed a new record level of EUR 1.9 billion for financing private investments in developing and emerging markets countries (2017: EUR 1.6 billion). DEG's commitments in 2018 enable entrepreneurial investments totalling EUR 9.8 billion to be made. The DEG portfolio grew to EUR 8.4 billion.Financing for small and ...

Bombardier’s Wayside Rail System Started Operating on Latest Bangkok Skytrain Extension

The FINANCIAL -- Bombardier Transportation has delivered the turnkey wayside rail system that is operating on the latest extension to Bangkok’s rapid transit Skytrain. The new 13-km Bearing-Samut ...

New ADB Project to Showcase Elderly Care Options in the PRC

The FINANCIAL -- The Asian Development Bank has approved a $150 million loan to help develop a comprehensive elderly care system in Yichang in central-eastern Hubei province to showcase ways that ...

EBRD Supports Jordan’s Women-led Businesses

The FINANCIAL -- The EBRD is continuing to promote women’s entrepreneurship in Jordan by providing a third loan, of US$ 4 million in local currency, to the Microfund for Women (MFW) in ...

Arla Foods to Acquire Kraft-Branded Cheese Business in Middle East and Africa

The FINANCIAL -- Mondelēz International, Inc. announced that it has reached an agreement to sell its Kraft-branded Cheese Business in Middle East and Africa (MEA) to Arla Foods of Denmark. Financial ...

Bombardier to Supply a Further 20 FLEXITY Trams to Karlsruhe

The FINANCIAL -- Global mobility solution provider Bombardier Transportation received a call-off order from Albtal-Verkehrs-Gesellschaft mbH, the transport company of the Alb valley region in ...

Will Canada’s Cannabis Market Eat into Holiday Alcohol Sales?

The FINANCIAL -- The Canadian business world is the playing ground for a new David and Goliath battle. Cannabis is the relatively small, upstart industry coming into the game, fresh off of its recent ...

IFC Invests $90 Million In TMB Bond, in Thailand

The FINANCIAL -- IFC, a member of the World Bank Group, has fully subscribed the $90 million bond issuance of TMB Bank, one of Thailand’s leading banks, which is dedicated to small and medium sized ...

Joint Venture Agreement for New Clark City Smart Water Utility

The FINANCIAL -- The consortium of Prime Water Infrastructure Corporation, Prime Assets Ventures, Inc., (PAVI), MGS Construction, Inc., and Israel's TAHAL Group, a global provider of sustainable ...

International Trade in Lebanon

The FINANCIAL -- The EBRD is fostering international trade in Lebanon by providing a US$ 75 million trade finance line to BLOM BANK SAL, one of the largest banks in Lebanon and a leading regional ...

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DEG: new business reaches record high of EUR 1.9 billion

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