Middle East Loans
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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.
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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.
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The Islamic Development Bank (IsDB) has approved $987m of financing for socio-economic development projects in member countries and Muslim communities in non-member countries.
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Bahrain’s Gulf Finance House has signed a $105m murabaha credit facility agreement with Kuwait Finance House’s Bahraini subsidiary.