Tuesday 19 March 2024
 
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Bahrain wins $35.5m UK loan for wastewater project

Bahrain's Ministry of Works, Municipalities Affairs and Urban Planning has secured a £27.9 million ($35.5 million) loan from UK Export Finance (UKEF) for the work on a major water treatment plant being developed in co-ordination with l

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Bahrain wins $35.5m UK loan for wastewater project

Bahrain's Ministry of Works, Municipalities Affairs and Urban Planning has secured a £27.9 million ($35.5 million) loan from UK Export Finance (UKEF) for the work on a major water treatment plant being developed in co-ordination with l

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Arzan Wealth advises on US real estate loan deal

Arzan Wealth (DIFC), a Dubai-based advisory firm regulated by the Dubai Financial Services Authority, said it played a major advisory role on a senior secured loan opportunity in the US, as part of the recent strategy focusing on investments int

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Empower settles $728m loan ahead of schedule

Dubai-based Emirates Central Cooling Systems Corporation (Empower) announced that it has prepaid three loan instalments of $157.5 million (Dh580 million) prior to their maturity. With these prepayments and payment of DIB facility

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Empower settles $728m loan ahead of schedule

Dubai-based Emirates Central Cooling Systems Corporation (Empower) announced that it has prepaid three loan instalments of $157.5 million (Dh580 million) prior to their maturity. With these prepayments and payment of DIB facility

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Iraq bank, Commerzbank sign $115m loan deal for SMEs

Trade Bank of Iraq (TBI) has signed a Basic Loan Agreement for financing loans with Commerzbank to support small and medium sized projects in Iraq. The Loan Agreement was signed at the back of TBI being approved by Germany’s

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Iraq bank, Commerzbank sign $115m loan deal for SMEs

Trade Bank of Iraq (TBI) has signed a Basic Loan Agreement for financing loans with Commerzbank to support small and medium sized projects in Iraq. The Loan Agreement was signed at the back of TBI being approved by Germany’s

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Bank Sohar closes $250m syndicated loan facility

Bank Sohar has closed a $250 million three-year syndicated loan facility in a move to extend financing solutions for Oman’s consumer and business segments.    The facility was raised part of the bank&r

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Etihad offers to loan pilots to Emirates: report

Etihad Airways plans to allow its some of its pilots to join rival Emirates on a temporary basis for two years, a report said. Emirates is currently facing a pilot shortage, said the Reuters report. Its management had said the sho

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ADFD approves loan for Irena solar PV projects

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has announced that $25 million in concessional loans has been earmarked for two solar PV projects being recommended by the International Renewable Energy A

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