EMEA Finance eNews
Kuwait to build US$1.5bn wastewater plant
Kuwait has invited bids from the private sector to help develop a wastewater treatment plant in the south of the country, which could be worth some US$1.5bn, according to HSBC.
The Partnerships Technical Bureau (PTB), which manages PPPs on behalf of the government, will work with private companies to build, finance and operate the Umm Al-Hayman plant.
The project will be funded by a combination of state funds, equity and debt from commercial banks and export credit agencies.
Sberbank’s Troika deal approved
Sberbank’s acquisition of investment bank Troika Dialog has closed, creating the largest universal bank in Russia.
Gulf Finance names vice chairman
Al-Binali to support Dubai lender’s expansion plans.
StanChart backs ETG
Agriculture commodities distributor secures US$74mn in expansion funds.



