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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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Turkey’s Bank Asya has signed a $382.5m-equivalent oversubscribed Islamic loan from 28 banks.
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Abu Dhabi mobile operator Etisalat will hold its extraordinary general meeting on May 28 for shareholders to discuss how the firm will finance its $6bn purchase of Vivendi’s 53% stake in Maroc Telecom.
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Abu Dhabi mobile operator Etisalat will hold its extraordinary general meeting on May 28 for shareholders to discuss how the firm will finance its $6bn purchase of Vivendi’s 53% stake in Maroc Telecom.
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Mobile telecommunications firm Zain Saudi has taken a step closer to refinancing Sr9bn ($2.4bn) of Islamic debt after 15 months of negotiations with a new five year murabaha facility that is said to be approaching completion.
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Emerging market-focused oil firm Heritage Oil has begun discussions with a syndicate of banks to refinance a $550m bridge facility agreed in November 2012. Heritage is looking for a $550m five year syndicated loan to replace it.
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The Islamic Development Bank has agreed to finance construction projects in Gaza worth as much around $15m.