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Saudi fund launches real estate refinance companySaudi Arabia's Public Investment Fund (PIF) has launched a new real estate refinance company, in line with its Vision 2030 objectives of improving the performance of the real estate market, increasing its contribution to the GDP, and raising More… |
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Zain Saudi refinances $600m loanTelecommunications operator Zain Saudi Arabia said on Tuesday it would save SR175 million ($46.7 million) by using a Chinese bank to refinance a SR2.25 billion ($600 million) loan that it had secured just two months ago. The new, More… |
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Zain Saudi refinances $600m loanTelecommunications operator Zain Saudi Arabia said on Tuesday it would save SR175 million ($46.7 million) by using a Chinese bank to refinance a SR2.25 billion ($600 million) loan that it had secured just two months ago. The new, More… |
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Mubadala seeks better terms for $1bn university loanesAbu Dhabi state investment fund Mubadala is seeking to refinance a $1-billion loan that helped the construction of a campus at the emirate's Zayed University, three sources familiar with the matter said on Thursday. The refinancing More… |
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Mumtalakat signs $500 million loan dealBahraini sovereign fund Mumtalakat has signed a $500 million, five-year loan with a group of banks, sources aware of the matter said on Sunday, with the cash to be used for general business purposes and to refinance existing debt. More… |
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Dubal holds talks with banks on raising loanDubai Aluminium (Dubal) has held talks with banks about raising a loan to help fund its general operations, the first time the firm has commissioned such a facility in years, three banking sources told Reuters. While it is a rarit More… |
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Nakheel repays all $2.15bn bank debt 4 years earlyDubai property developer Nakheel is repaying all of its 7.9 billion dirhams ($2.15 billion) of bank debt as much as four years ahead of schedule, the company said in a statement on Wednesday. The final instalment of the debt was t More… |
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KHC in $928m refinancing of UK hotelKingdom Holding Company (KHC), the investment company chaired by Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, has completed the refinancing of top London hotel, The Savoy, capping a milestone event for a business worth More… |
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Orpic in talks to raise $2.5bn for refineryState-owned Oman Oil Refineries and Petrochemical Companies (Orpic) is in talks with two local banks to raise $2.5 billion to expand its Sohar refinery and refinance a previous loan, a government official said on Monday. "We More… |
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Aabar faces cost jump for loan refinancing dealAbu Dhabi state fund Aabar Investments, weakened by a slump at key assets, faces a near doubling in borrowing costs as it closes in on a refinancing package to repay a $2 billion loan due in May, banking sources said. The fund, th More… |
