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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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United Arab Emirates budget air carrier Air Arabia has signed a $350m loan to buy new aircraft. Commercial Bank International and Qatar National Bank provided the loan.
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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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Abu Dhabi barge operator Gulf Marine Services is close to signing a Dh1.32bn ($360m) syndicated Islamic financing facility.
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Skye Bank has become the latest Nigerian financial institution to approach the loan market as banks in the country look to raise funds in anticipation of large dollar requirements from Nigeria’s companies.
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Abu Dhabi barge operator Gulf Marine Services is close to signing a Dh1.32bn ($360m) syndicated Islamic financing facility. -
Piramal Healthcare has netted a fourth commitment for its $240m five year loan, with bankers planning to wrap up syndication by the end of the month.
