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Saudi real estate financing to hit $133bn by 2020The Saudi real estate financing sector has been witnessing a major surge over the last few years with the figure likely to hit SR502 billion ($133 billion) by 2020 from the current SR290 billion, said a report citing top experts at a real estate More… |
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Al Ahli secures $340m financing to expand mallAl Ahli Holding Group, a major UAE conglomerate, has secured an Islamic club financing facility worth Dh1.25 billion ($340 million) for the expansion and general corporate purposes of Dubai Outlet Mall. Dubai Islamic Bank acted as More… |
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Solar Alliance signs $5bn financing dealThe World Future Energy Summit (WFES) hosted the first-ever gathering of the International Solar Alliance (ISA), when it discussed the body’s aim of raising $1 trillion in global solar investments by 2030. More… |
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Masdar completes financing of Jordan solar projectMasdar, Abu Dhabi Future Energy Company, announced at the ongoing Abu Dhabi Sustainability Week that the financing of the largest solar power plant in Jordan has been completed. The financing for the 200 megawatt-capacity (MW) Bay More… |
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Diyar Al Muharraq inks partnership deal with Arab BankDiyar Al Muharraq, a leading urban developer in Bahrain, has signed a corporate referral agreement with Arab Bank, one of the most prominent banks in leading markets based in Amman, Jordan, for its upcoming mixed-use project in the country. More… |
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Oman's A’Saffa Foods inks $81m Islamic finance dealA’Saffa Foods, a fully integrated poultry and processed food producer based in Oman, said it has secured a RO31.5 million ($81.5 million) loan from Meethaq, the Islamic banking unit of Bank Muscat, to finance its robust expansion plans. More… |
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Oman's A’Saffa Foods inks $81m Islamic finance dealA’Saffa Foods, a fully integrated poultry and processed food producer based in Oman, said it has secured a RO31.5 million ($81.5 million) loan from Meethaq, the Islamic banking unit of Bank Muscat, to finance its robust expansion plans. More… |
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Egypt small firms win $5m financingEgypt’s Micro, Small, and Medium Enterprises Development Authority has signed two contracts, worth EGP100 million ($5.66 million), along with the Suez Canal Bank, to finance small existing and new enterprises, said a report. More… |
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Bank financing to UAE realty sector tops $76bn in H1Bank financing provided to the property and construction sector in the UAE reached Dh281.2 billion ($76.5 billion) during the first half (H1) of 2017, rising by Dh16.5 billion ($4.49 billion) and reflecting a growth of 6.2 per cent from the end More… |
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Iran Air selecting financiers for 200 jets: CEOIran is in the process of selecting financiers for the purchase of 200 passenger aircraft from among domestic and foreign companies which have submitted their proposals to Iran Air, CEO of the national carrier said. “Many pr More… |
