Friday 22 May 2015
 
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Taqa to raise $3.5bn five-year loan

Abu Dhabi National Energy Co (Taqa) is looking to raise a $3.5 billion loan as it seeks to consolidate a number of existing debts into one facility with a lower rate of interest, three sources aware of the matter told Reuters on Thursday.

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BBK promotes mortgage loans offering at show

Bank of Bahrain and Kuwait (BBK) is promoting its mortgage loans offering at the Gulf Property Show, which opened in Bahrain today (May 12). BBK chief executive Abdulkarim Bucheery said the exhibition is an ideal platform for the

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BBK promotes mortgage loans offering at show

Bank of Bahrain and Kuwait (BBK) is promoting its mortgage loans offering at the Gulf Property Show, which opened in Bahrain today (May 12). BBK chief executive Abdulkarim Bucheery said the exhibition is an ideal platform for the

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Dolphin Energy seeks adviser for $1bn loan

Dolphin Energy, the Abu Dhabi state-controlled venture that produces and transports natural gas to the UAE and Oman, wants to raise a $1 billion loan and has invited banks to pitch for a role advising it, banking sources said on Sunday.

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UAE's Topaz closes in on loan worth $550m

Dubai-based oilfield services firm Topaz Energy and Marine is close to securing a loan worth at least $550 million to help refinance existing debt and fund new projects, banking sources said on Monday. Emirates NBD, First Gulf Ban

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UAE's Topaz closes in on loan worth $550m

Dubai-based oilfield services firm Topaz Energy and Marine is close to securing a loan worth at least $550 million to help refinance existing debt and fund new projects, banking sources said on Monday. Emirates NBD, First Gulf Ban

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Jawad raises $235m refinancing loan

Bahrain's Jawad Business Group, the franchise operator of clothing brand Mango and restaurant chains Papa Johns and Burger King in the Gulf, has raised a $235 million loan to refinance existing debt, two banking sources aware of the matter s

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Enoc marketing $1.5bn long-term underwritten loan

A $1.5 billion nine-year loan for Dubai's Emirates National Oil Company (Enoc) is being marketed to banks after receiving commitments from seven lenders to fully back the financing, three sources aware of the matter said on Thursday.

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Kuwait's Kufpec says it has raised additional $1.5 billion loan

Kuwait Foreign Petroleum Exploration Company (Kufpec), a wholly-owned subsidiary of Kuwait Petroleum Corp, said it had received an additional $1.5 billion loan, raising a previous debt it took last November to $2.5 billion.  

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Ahli United plans to raise $4bn in financial instruments

Bahrain-based Ahli United Bank (AUB) Group may raise $4 billion in bonds, loans or any other similar subordinated financial instruments, following shareholder approval for the proposal, it has emerged. The election of Hamad Al Hum

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