Middle East Economic Survey
VOL. LII
No 38
21-Sep-2009
MEES Agenda
Banks Upbeat On Project Finance As Mega-Deals Target Year-End Close
A year ago, project financing, like most other sectors, came to a standstill following the collapse of US investment bank Lehman Brothers. But as 2009 unfolded, conditions have gradually improved, allowing a number of projects in the Gulf to secure funding, such as the Dolphin regional gas facility, and Al Dur independent water and power project (IWPP). Encouraged...
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