Saturday 27 May 2017
 
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Financing

New centre to fight terror financing

The Gulf Cooperation Council (GCC) and the US have signed a  memorandum of understanding (MoU) to establish a centre for combating terrorism financing. The MoU was exchanged in the presence of Saudi Arabia's King Salman b

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Oman fund raises $600m loan for subsidiary

Oman Investment Fund (OIF) has closed the syndication of $600 million of conventional and Islamic facilities for its wholly owned subsidiary United Telecommunication Limited (UTL). The proceeds of the transaction were used towards

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GCC 'may need $275bn financing'

The fiscal financing needs of sovereigns in the GCC could amount to $275 billion between 2017 and 2019, S&P Global Ratings senior director for sovereign ratings Christian Esters was quoted as saying in a report in the Gulf Daily News, our si

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Turkish Airlines recognised for its aircraft financing models

Turkish Airlines has been awarded as the runner up in “Trade and Export Finance Deal” category by Bonds & Loans for its brand new B777-300ER aircraft delivered in September 2015. The total financing builds up to 16

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RAK SME, Rakbank sign financing agreement

Saud bin Saqr Establishment for Small and Medium Enterprises (RAK SME) and National Bank of Ras Al Khaimah (Rakbank) have signed a memorandum of understanding to provide financing services at competitive prices for entrepreneurs from the establi

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Oman will need external financing support says report

Oman's continued large twin deficits imply a need for material external financing to prevent sustained erosion in foreign assets and to defend the US dollar peg, a report says. Further borrowing is likely to pressure external

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Oman will need external financing support says report

Oman's continued large twin deficits imply a need for material external financing to prevent sustained erosion in foreign assets and to defend the US dollar peg, a report says. Further borrowing is likely to pressure external

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TAF finances three A321-200's for Avation

Tamweel Aviation Finance (TAF) has closed the financing of the third of a three-A321-200 new aircraft facility for Avation, the London LSE listed and Singapore based lessor. All three aircraft are on long-term operating leases wit

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Egypt’s renewable energy projects eye $3bn financing

A total of 30 international and local banks are preparing to negotiate with renewable energy projects to finance the second phase of the feed-in tariff projects with $3 billion, a report said. The banks include the International F

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Egypt’s renewable energy projects eye $3bn financing

A total of 30 international and local banks are preparing to negotiate with renewable energy projects to finance the second phase of the feed-in tariff projects with $3 billion, a report said. The banks include the International F

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