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INTERVIEW: RAKBANK CEO still sees value in serving SMEs

Peter England says bank now works more closely with small and medium-sized firms, rather than “just throwing money at them” When RAKBANK published its preliminary financial results last week, its 13 percent increase in annual profit was attributed to the lender trimming provisions for loan impairments. That reduction – of 131.8 million United Arab Emirates dirhams ($35.9 million) – helped …

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Interview: Egypt’s PPP unit seeks bidders for schools, housing and infrastructure projects

Requests for proposals for projects covering up to 200 new schools and eight dry ports to be issued in the first quarter of 2019 Egypt’s government plans to issue tenders for the second phase of a government programme to develop 200 schools under a public-private partnership (PPP) framework in the first quarter of 2019. Requests for proposals for private sector …

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