Strategic financing to support Siemens Energy’s expanding project pipeline and future growth in the region. Commercial Bank of Dubai (CBD) has announced a strategic partnership with Siemens Energy, a global leader in energy technology, by extending an AED 550 million bilateral credit facility to its UAE unit, Siemens Energy LLC. This facility is set to enhance Siemens Energy’s ability to execute its growing pipeline of projects while fostering innovation and sustainability within the country’s energy sector. The financial arrangement underscores CBD’s commitment to advancing the UAE’s economic diversification and energy transition goals. By facilitating capital to a key industry player, … Continue reading Commercial Bank of Dubai Backs Siemens Energy with AED 550 Million Facility to Drive UAE Energy Projects