Thursday 18 December 2014
 
»
Tag
 
»
loan

Yemen c.bank sees no early repayment of $1bn Saudi loan

Saudi Arabia has not asked Yemen for an early repayment of a $1 billion loan and Houthi fighters occupying Yemen's central bank are not interfering in its operations, Yemeni central bank governor Mohammed Bin Humam told Reuters.

More…

Dubal picks banks to arrange $1.8bn loan

Dubai Aluminium (Dubal) has chosen three banks to arrange a $1.8 billion seven-year loan to help fund general operations, its first such facility in a number of years, three banking sources told Reuters on Wednesday. The firm has

More…

Mall operator Dubai Festival City raising $1.1bn loan

Dubai Festival City (DFC), a unit of conglomerate Al Futtaim Group, is in the process of raising a Dh3.9 billion ($1.06 billion) loan facility from six banks, two sources with direct knowledge of the deal said on Monday. DFC is a

More…

Kuwait Petroleum unit inks $1bn loan deal

Kuwait Foreign Petroleum Exploration Company (Kufpec), a wholly-owned subsidiary of Kuwait Petroleum Corp, has signed a $1 billion loan, it said. Bank of Tokyo-Mitsubishi-UFJ, HSBC, JP Morgan, National Bank of Kuwait (NBK) and Roy

More…

Limitless to pledge revenues for $1.2bn debt deal

Dubai's Limitless will pledge its future revenues to service debt repayments as it attempts a second restructuring of a $1.2-billion Islamic loan which banking sources said should be completed ahead of a December deadline. The

More…

Limitless to pledge revenues for $1.2bn debt deal

Dubai's Limitless will pledge its future revenues to service debt repayments as it attempts a second restructuring of a $1.2-billion Islamic loan which banking sources said should be completed ahead of a December deadline. The

More…

Dubai Holding unit picks banks for $1bn loan

A unit of Dubai Holding, the investment vehicle of the emirate's ruler, has mandated banks to raise a syndicated loan, with two banking sources saying the facility would be worth Dh4 billion ($1.1 billion). Tecom Investments,

More…

Abu Dhabi hotels group wins $326m NBAD loan

The National Bank of Abu Dhabi (NBAD) has signed a deal to provide a 10-year term loan facility worth Dh1.2 billion ($326 million) to Abu Dhabi National Hotels (ADNH). NBAD’s secured facility refinanced an outstanding debt u

More…

Abu Dhabi hotels group wins $326m NBAD loan

The National Bank of Abu Dhabi (NBAD) has signed a deal to provide a 10-year term loan facility worth Dh1.2 billion ($326 million) to Abu Dhabi National Hotels (ADNH). NBAD’s secured facility refinanced an outstanding debt u

More…

First Gulf Bank beats estimates with 20pc profit jump

First Gulf Bank, the United Arab Emirates' third-largest lender by assets, beat estimates as it reported a 20 per cent increase in third-quarter net profit on Monday thanks to higher fee income and lower provisions for bad loans.

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads