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Grandiose construction plans are having to be scaled back as Saudi borrowing rises, but the main point is social progress
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Project financings have stood out so far this year
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CP programme launched over the summer
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African Development Bank is arranging billions of dollars in financing
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Deal is the second largest syndicated loan for a CEEMEA sovereign in euros this year
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Company signed inaugural facility for $175m in 2024
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CEEMEA loans bankers hold calls on Monday morning and agree to press ahead with deals