Middle East Loans
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Dubai property developer Meraas is close to completing a loan to finance retail property around a 210m Ferris wheel, styled on the London Eye, say bankers. -
Qatar National Bank’s attempt to raise a $3bn loan is progressing in general syndication but has not received the demand that some expected.
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Albaraka Turk has picked banks for a two year syndicated murabaha facility, just days after the Lira hit a new all-time low against the dollar.
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Saudi Arabian Oil Co appears close to completing a tightly priced $10bn revolving credit facility to back its expansion into new markets.
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Saudi Arabian Oil Co appears close to completing a tightly priced $10bn revolving credit facility to back its expansion into new markets.
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Saudi Arabian Oil Co appears close to completing a tightly priced $10bn revolving credit facility to back its expansion into new markets.
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The Gulf region was active for loans this week, with Emirates National Oil Co (Enoc) and Qatar National Bank heading towards completion.
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The Gulf Cooperation Council region remains an area of activity for emerging market corporate loans this week, with Emirates National Oil Co (ENOC) closing in on a $1.5bn loan and Qatar National Bank in syndication on its $3bn deal.
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The Gulf Cooperation Council region remains an area of activity for emerging market corporate loans this week, with Emirates National Oil Co (ENOC) closing in on a $1.5bn loan and Qatar National Bank in syndication on its $3bn deal.
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Saudi Arabian Oil Company, otherwise known as Aramco, is seeking a $10bn revolving credit facility, fuelling speculation that it will buy its way into new markets.
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Abu Dhabi’s National Petroleum Construction Co has closed a Dh2.2bn ($599m) eight year syndicated loan that includes an Islamic finance component.
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Saudi Arabian Oil Company, otherwise known as Aramco, is in talks with banks as it seeks to replace an undrawn $4bn revolving credit facility with a much bigger $10bn financing.
