Monday, July 1, 2013

Germany's DEG eyes $188m MidEast investments

DEG, a unit of German state development bank KfW, plans to invest up to 140 million euros ($188m) in Middle Eastern and North African (MENA) private firms next year despite concerns over the region's short-term political instability.

"It is DEG's target to commit 70-140 million euros in the MENA in 2014," he said.

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