Thursday 20 July 2017
 
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Financing

BIBF appoints new director

The Bahrain Institute of Banking & Finance (BIBF) has appointed Dr. Ahmed Abdul Hameed Abdul Ghani Al Shaikh as its director to enhance operations and strengthen its position as a leading financial Institute in Bahrain. This a

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BIBF appoints new director

The Bahrain Institute of Banking & Finance (BIBF) has appointed Dr. Ahmed Abdul Hameed Abdul Ghani Al Shaikh as its director to enhance operations and strengthen its position as a leading financial Institute in Bahrain. This a

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Phase Three of MBR Solar Park reaches financial close

The financing for Phase Three of the Mohammed bin Rashid Al Maktoum (MBR) Solar Park in Dubai has been completed, a report said. This marks the latest significant milestone for the Masdar-led consortium, with EDF Group's subsi

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Phase Three of MBR Solar Park reaches financial close

The financing for Phase Three of the Mohammed bin Rashid Al Maktoum (MBR) Solar Park in Dubai has been completed, a report said. This marks the latest significant milestone for the Masdar-led consortium, with EDF Group's subsi

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Dubai wellness start-up raises $6m financing

Dubai-based start-up Shedul.com, a free booking platform and the world's fastest-growing software for salons and spas, has closed a $6 million round of Series-A financing. The round was led by Dubai-based Middle East Venture P

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Dubai wellness start-up raises $6m financing

Dubai-based start-up Shedul.com, a free booking platform and the world's fastest-growing software for salons and spas, has closed a $6 million round of Series-A financing. The round was led by Dubai-based Middle East Venture P

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Tamkeen, BDB sign $56m financing portfolio

Tamkeen, Bahrain’s labour fund and the Bahrain Development Bank (BDB) have signed an agreement to launch a BD20 million ($52.6 million) portfolio within the Tamweel Plus program to finance medium and large enterprises. Tamke

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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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