Middle East Loans
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London transport, it’s always a pleasure. But when you’re on your way to meet a senior debt banker over from the United Arab Emirates, seeing your journey time triple because of the unannounced closure of a tube line can be the occasion for a fantastic mix of stress and embarrassment.
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National Bank of Abu Dhabi will underscore its commitment to its wholesale banking business by splitting the UK part of its operations from its private banking arm and moving as many as 100 staff to Canary Wharf.
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Qatar’s Ahli Bank has closed a $200m debut syndicated loan, increasing the size of the deal after its initial amount was oversubscribed.
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Qatar’s Ahli Bank has closed a $200m debut syndicated term loan facility, increasing the size of the deal after its initial amount was oversubscribed.
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Qatar’s Ahli Bank has closed a $200m debut syndicated term loan facility, increasing the size of the deal after its initial amount was oversubscribed.
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The European Bank for Reconstruction and Development and the US Overseas Private Investment Corp have agreed to provide $25m loans each for a photovoltaic power plant in Jordan to help address the country’s energy shortages.
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Bahrain Steel has closed syndication on $340m of seven year loan facilities with banks.
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Bahrain Steel has closed syndication of $340m of seven year loan facilities with banks.
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Bank of Tokyo Mitsubishi UFJ has lost a senior banker from its loan syndication business in London.
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Dana Gas — Luossavaara‑Kiirunavaara
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Sharjah-based natural gas company Dana Gas has secured a $100m term loan, including a Shariah compliant tranche, for the Zora Field development project.
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Oman Oil Co, a state-owned investment arm of the sultanate, has signed a $1.85bn unsecured financing with banks, according to two loans bankers.