Monday 18 June 2018
 
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Financing

Alba closes $247m export credit financing deal

Aluminium Bahrain (Alba), the Bahrain-based aluminium smelter, has successfully closed the first part of the second tranche of €204.5 million ($247.01 million) Export Credit Agency (ECA) covered financing facilities. It will

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Alba closes $247m export credit financing deal

Aluminium Bahrain (Alba), the Bahrain-based aluminium smelter, has successfully closed the first part of the second tranche of €204.5 million ($247.01 million) Export Credit Agency (ECA) covered financing facilities. It will

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Saudi real estate financing to hit $133bn by 2020

The 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

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Al Ahli secures $340m financing to expand mall

Al 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

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Solar Alliance signs $5bn financing deal

The 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.   

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Masdar completes financing of Jordan solar project

Masdar, 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

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Diyar Al Muharraq inks partnership deal with Arab Bank

Diyar 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.

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Oman's A’Saffa Foods inks $81m Islamic finance deal

A’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.

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Oman's A’Saffa Foods inks $81m Islamic finance deal

A’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.

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Egypt small firms win $5m financing

Egypt’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.

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