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Emaar Economic City affiliate gets $720m loanSaudi Arabia's Emaar the Economic City said on Wednesday that an affiliate had obtained a SR2.7 billion ($720 million) Islamic loan from banks to finance the second phase of building King Abdullah Port. Ports Development Compa More… |
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Emaar Economic City affiliate gets $720m loanSaudi Arabia's Emaar the Economic City said on Wednesday that an affiliate had obtained a SR2.7 billion ($720 million) Islamic loan from banks to finance the second phase of building King Abdullah Port. Ports Development Compa More… |
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Cheap oil may boost growth, says Saudi economic city chiefSaudi Arabia's Emaar the Economic City (EEC) expects demand for its industrial and residential property to grow this year as companies increase investment despite the plunge of oil prices, a top executive said. Established in More… |
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Cheap oil may boost growth, says Saudi economic city chiefSaudi Arabia's Emaar the Economic City (EEC) expects demand for its industrial and residential property to grow this year as companies increase investment despite the plunge of oil prices, a top executive said. Established in More… |
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Saudi Emaar Economic City inks $533m loan dealSaudi Arabia's Emaar Economic City has secured a SR2 billion ($533 million) Islamic murabaha loan from Saudi British Bank (SABB), an affiliate of HSBC Holdings, the company said on Wednesday. The company will use the loan, whi More… |
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Saudi Arabia's first private port starts operationEmaar Economic City, a big Saudi real estate firm, has started operations at the country's first privately owned port and will more than triple investment in the facility over the next five years, the company's chief executive said. More… |
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Emaar Saudi unit terminates villa contractSaudi developer Emaar Economic City has terminated a contract to build 134 villas in the King Abdullah Economic City development. Emaar Economic City, affiliated to Dubai developer Emaar Properties, ended the More… |
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Emaar gets $1.3bn Saudi loan for key projectsSaudi developer Emaar Economic City has received a SR5 billion loan ($1.33 billion) from the kingdom's finance ministry to speed up construction of a project, it said on Wednesday. Two sources familiar with the deal told Reuters More… |
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Emaar cancels $173m deal with City CoolSaudi Developer Emaar Economic City, an affiliate of Dubai's Emaar Properties, has cancelled an agreement worth SR650 million ($173.3 million) with UAE-based City Cool. City Cool was meant to own and operate two cooling stations for 25 yea More… |
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Emaar Econ City's Q3 loss narrows 65pcSaudi Developer Emaar Economic City (EEC), an affiliate of Dubai's Emaar Properties, narrowed its losses by 65 per cent in the third quarter. The firm, which is developing the King Abdullah Economic City (KAEC) project on the Red Sea c More… |
