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Renamed company's $4.2bn murabaha facility has lifted Saudi banks
Volume dips only slightly despite there being a third fewer transactions
Strong appetite from international banks for first gigascale 24/7 solar plant
ECA-backed deal comes after AFC raises $2bn to fund infrastructure development
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Saudi Arabian telecoms firm Zain Saudi has restructured Sr8.63bn ($2.3bn) of Shariah-compliant debt after almost 18 months of negotiations and repayment extensions. -
Saudi Arabia's International Methanol Company (IMC) has signed a new Sr325m ($87m) 10 year Islamic finance facility.
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Zain Saudi’s lenders have allowed the company another five years to pay back the remaining SR8.6bn ($2.3bn) of its murabaha facility, following numerous smaller extensions.
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The government of Yemen has signed two financing agreements with the Islamic Development Bank (IsDB).
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Omani oil and gas contracting firm Renaissance has completed the second and final phase of its OR200.5m ($521.3m) refinancing programme.
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China Minzhong Food Corp launched a $150m five year deal into syndication to garner funding after a proposed bond issue never materialised.
