Shuaa issues $135m sukuk for Saudi developer Jabal OmarShuaa Capital, a premier financial services company in the UAE, has announced the issuance and private placement of a $135-million Islamic bond (sukuk) for Jabal Omar Development Company (JODC), one of the largest publicly-listed real estate com More… |
Shuaa issues $135m sukuk for Saudi developer Jabal OmarShuaa Capital, a premier financial services company in the UAE, has announced the issuance and private placement of a $135-million Islamic bond (sukuk) for Jabal Omar Development Company (JODC), one of the largest publicly-listed real estate com More… |
Saudi developer Sreco eyes $640m capital hikeAl Akaria Saudi Real Estate Company (Sreco), a leading real estate developer in Saudi Arabia, said it has won approval from the company's board to double its share capital from SR1.2 billion ($320 million) to SR2.4 billion ($640 million). More… |
Saudi developer Jabal Omar seals ADFG partnership dealJabal Omar Development Company (JODC), the largest publicly-listed real estate company in Saudi Arabia, said it has signed a partnership agreement with leading global investment group ADFG. The strategic MoU enables the duo to exp More… |
Saudi developer Jabal Omar seals ADFG partnership dealJabal Omar Development Company (JODC), the largest publicly-listed real estate company in Saudi Arabia, said it has signed a partnership agreement with leading global investment group ADFG. The strategic MoU enables the duo to exp More… |
BLZ signs tenancy deal with Saudi developerThe Bahrain Logistics Zone (BLZ), part of the Transportation Ministry's Ports and Maritime Affairs, has signed a tenancy agreement with Bandar Al Khaleej, a leading Saudi developer of warehouses and logistics facilities. The c More… |
Top Saudi developer posts 11pc Q2 growthSaudi Arabia's Dar al-Arkan, the kingdom's largest property developer, said its second-quarter net profit rose 11 per cent to SR331 million ($88 million), missing analyst expectations. A group of six analysts had forecast that Dar Al Arkan More… |
Jabal Omar to get $800m Saudi govt loanSaudi developer Jabal Omar has signed a loan agreement for SR3 billion ($800 million) with the finance ministry to complete some of its projects in Makkah, the company announced. 'The loan will be repayed over eight years, two of which More… |
Jabal Omar rights issue to help repay $93m loanSaudi developer Jabal Omar will use part of the proceeds from a rights issue to pay back a SR350 million ($93.33 million) bridge loan from Al-Rajhi Bank, it said in a prospectus. Jabal Omar said on Sunday its shareholders approved a 3 More… |