Sunday 4 December 2016
 
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Financing

GE, banks partner to finance Iraqi projects

GE, Trade Bank of Iraq (TBI) and Standard Chartered Bank (SCB) have signed a financing MoU to accelerate the development of power and infrastructure projects in the country. The MoU also underlines the financial partnerships forme

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GE, banks partner to finance Iraqi projects

GE, Trade Bank of Iraq (TBI) and Standard Chartered Bank (SCB) have signed a financing MoU to accelerate the development of power and infrastructure projects in the country. The MoU also underlines the financial partnerships forme

More…

GE, banks partner to finance Iraqi projects

GE, Trade Bank of Iraq (TBI) and Standard Chartered Bank (SCB) have signed a financing MoU to accelerate the development of power and infrastructure projects in the country. The MoU also underlines the financial partnerships forme

More…

Dubai sponsors $3bn airports finance deal

Dubai’s two international airports are set for a capacity-boosting, capex-fueled expansion that will enable them to serve up to 146 million passengers by 2025, due largely to a proposed initial $3 billion financing deal announced today (No

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Luxury Closet raises $7.8m financing

Theluxurycloset.com, a major online marketplace that deals in personal luxury goods, mostly pre-owned and at a discounted price, has closed a $7.8 million Series B round of funding. The financing was led by Wamda Capital, a ventur

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Luxury Closet raises $7.8m financing

Theluxurycloset.com, a major online marketplace that deals in personal luxury goods, mostly pre-owned and at a discounted price, has closed a $7.8 million Series B round of funding. The financing was led by Wamda Capital, a ventur

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PDO raises $4bn of project financing

Petroleum Development Oman (PDO), the country's top oil and gas exploration and production company, has obtained a $4 billion loan from international banks, part of a rush of foreign borrowing by Oman as low oil prices strain state finance

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Saudi government working on $16bn housing plan

The Saudi government is working on an ambitious plan to provide housing to 52 per cent of its citizens under the National Transformation Programme 2020 (NTP) within the next four years, said a report. The ministry has set aside SR

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Etihad Aviation Group, partners raise $500m additional funds

Etihad Airways, Etihad Airport Services, airberlin, Air Serbia, Air Seychelles and Alitalia have successfully raised a further $500 million in a second platform financing transaction, following the success of last year’s bond which raised

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Saudi Arabia delays Makkah metro project

 A $16.5-billion mass transit project planned for Saudi Arabia's holy city of Makkah has been delayed so that its financing can be restructured, the head of the implementing body said on Wednesday. The kingdom has been sl

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