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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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International and regional lenders are once again opening their wallets to Dubai, the debt laden emirate. But they would do well to heed the lessons from the last three years or they could be doomed to repeat them.
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Telecommunications firm Etisalat Nigeria has signed a $1.2bn-equivalent syndicated loan from 13 Nigerian banks.
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A Kuwaiti hospital expansion joint venture led by US firm Associated Construction Co has signed a KD98m ($342m) project finance loan from National Bank of Kuwait.
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Russian gas firm Novatek is due to sign its $1.5bn club loan by the end of May. Barclays is co-ordinating the deal.
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Telecommunications firm Etisalat Nigeria has signed a $1.2bn-equivalent syndicated loan from 13 Nigerian banks.
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First Gulf Bank has joined as a mandated lead arranger on BFI Finance Indonesia’s $75m three year loan, with one more bank going through the credit approval process.