Middle East Economic Survey

VOL. XLVIII

No 44

31-October-2005

GENERAL/REGIONAL

Export Development Canada: Aggressive New Role In Middle East Project Finance

Export Development Canada (EDC) made history in September this year when it appeared as a direct lender in the $1bn Islamic tranche of Dolphins second bridge loan (MEES, 19 September and 12 September) the first time an export credit agency (ECA) had made such a move. The development was met with surprise in project finance circles. But in...