Dubai Working with HSBC on $7-B Bank & ECA Financing for Expo 2020

(Live Trading News, Singapore, 16 Decembber 2016) Dubai is working with HSBC on the financing of Expo 2020 Dubai, a $7-B exhibition centre project expected to attract 25-M visitors, sources familiar with the matter said. The financing will come from bank loans and from various export credit agencies, the sources said. HSBC has been appointed to coordinate the export credit agencies and financing supported by them, the sources said, adding that the split between the commercial loans and the export credit financing was yet to be defined.