Friday 29 March 2024
 
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Financing Deal

Khaleeji, Meydan arrange financing deal

Khaleeji Commercial Bank (KHCB) has arranged a financing deal with Meydan Group worth $40 million for the group’s general working capital requirements and funding of various on-going projects, including the Meydan City in Dubai. Fuad Taqi

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Oman Air in $52m financing deal with BankDhofar

Oman Air, the national carrier of the Sultanate, has awarded a $52 million financing deal to BankDhofar, one of the country’s leading banks. The deal, which is structured as a medium-term loan and was carefully fine-tuned to meet the speci

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Sakana, KHCB in key financing deal

Bahrain-based Sakana Holistic Housing Solutions, the Islamic mortgage finance provider, said it has inked a BD4 million ($10.6 million) commodity murabaha financing deal with Khaleeji Commercial Bank over a period of 4 years. The funding f

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Dubai seals $800m road toll financing deal

Dubai closed a $800 million financing deal with lenders based on securitising road toll receipts, London-based Middle East Economic Digest (MEED) reported on Tuesday. The loan, which will be used to fund infrastructure projects, received a

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