King receives calls from Egypt, Iraq presidents, Iraq PM; calls Palestinian president


Amman: His Majesty King Abdullah II on Wednesday received phone calls from Egypt President Abdel Fattah El Sisi, Iraq President Abdul Latif Rashid, and Iraq Prime Minister Mohammed S. Al Sudani, and called Palestinian President Mahmoud Abbas.

The phone calls covered the dangerous situation in Gaza, as well as means of enhancing bilateral relations.

His Majesty and the leaders also exchanged Eid Al Fitr wishes.

Source: Jordan News Agency

Death toll in Gaza reaches 33,482 martyrs


Gaza: The death toll in the Gaza Strip reached, on Wednesday, 33,482 martyrs, in addition to 76,049 injuries since that start of the Israeli aggression on October 7, the Ministry of Health in the besieged enclave said.

In the 187th day of the Israeli aggression on Gaza, the ministry added that a total of 122 martyrs and 56 injuries have reached hospitals in the strip during the past 24 hours.

Source: Jordan News Agency

Jordan continues airdropping aid into Gaza in first day of Eid Al Fitr


Amman: In view of the current hardships faced by the populace, the Jordan Armed Forces-Arab Army (JAF) continued to conduct airdrops on brothers in the Gaza Strip on Wednesday, the first day of Eid Al Fitr.

Thirteen aircraft carrying relief supplies to support the steadfastness of the Gaza people participated by a number of brotherly and friendly countries to assist in the process of landing help in various parts of the Gaza Strip to the north and south.

Two aircraft from the Royal Jordanian Air Force, one from the Arab Republic of Egypt, and one from the United Arab Emirates participated in the initial wave of the airdrop, which took place in two stages because the landings were taking place in different parts of the northern Gaza Strip.

A Royal Jordanian Air Force plane, four United States aircraft, a United Kingdom plane, a French plane, a German and Dutch aircraft participated in the second wave in other areas south of the Gaza Strip.

Amidst the ongoing Israeli war on the Gaza Strip, the airdrop, whic
h included food and charity boxes donated by the Jordan Hashemite Charity Organization, is a show of solidarity with the brothers in the Gaza Strip on the occasion of Eid al-Fitr.

Remarkably, the JAF has increased the number of airdrops it conducts to eighty and one hundred and eighty respectively, thanks to cooperation with friendly and cooperative nations.

Source: Jordan News Agency

Police seizes man for alleged murder of his wife


Amman: Authorities are questioning a man who allegedly strangled and killed his wife in Azraq province, the Public Security Department (PSD) spokesperson said on Wednesday.

The victim was reportedly strangled by her husband following a domestic dispute, the spokesperson added.

According to the spokesperson, the suspect turned himself in to the security bodies, whereupon the body was sent to forensic medicine and an inquiry was initiated.

Source: Jordan News Agency

EMGA secures US$ 50M debt finance for Kazakhstan’s MFO KMF

LONDON, April 09, 2024 (GLOBE NEWSWIRE) — Emerging Markets Global Advisory LLP (EMGA) announces they have secured a US$50M facility senior debt facility from JICA, The Japan International Cooperation Agency.

KMF Chairman of the Board Shalkar Zhusupov: “This is the first time that KMF has entered into a partnership with JICA, whose goals and mission are close to our own. We are grateful to EMGA and JICA for their trust and support. The funds from JICA will be used to implement projects to support micro and small enterprises, including rural entrepreneurs, which will create new opportunities and contribute to their economic growth.”

EMGA’s Head of Investment Banking and Managing Director Sajeev Chakkalakal said, “We are delighted to have arranged this new landmark debt facility for our long-standing client KMF. It has been a real pleasure to work with them again, as they continue to solidify their position as the largest MFI in the country, and further strengthen their financial position in spite of turbulent times.”

EMGA’s Managing Director Jeremy Dobson added, “This new financing will help KMF deliver on their stated mission; to continue to help entrepreneurs throughout Kazakhstan, and to develop their business with a greater focus on female owned businesses and in rural areas.”

MFO KMF is one of the leaders in Central Asian microfinance sector. The company aims to establish long-term partnership relations with clients based on mutual trust, understanding and respect. MFO “KMF” disburses clients individual and group loans for the following types of activity: business, trade, crop farming and cattle-breeding, production and services and consumer lending.

JICA: The Japan International Cooperation Agency is a governmental agency that delivers the bulk of Official Development Assistance for the government of Japan. It is chartered with assisting economic and social growth in developing countries, and the promotion of international cooperation.

Emerging Markets Global Advisory Limited (EMGA), with offices in London and New York, helps financial institutions and corporates seeking new debt or equity capital. EMGA’s multi-national team combine the decades of experience necessary to complete transactions on behalf of their clients within the world’s emerging markets and frontier economies, including Kazakhstan which remains a key market. With a proven track record in capital formation and strategic advisory throughout diverse economic cycles, EMGA continues expanding its geographic reach and service offering, solidifying its place in the market as one of the industries pre-eminent emerging markets focused niche investment banks.

Contact details
info@emergingmarketsglobaladvisory.com

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