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Omani oil company has pushed out maturity by a year
Renamed company's $4.2bn murabaha facility has lifted Saudi banks
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Strong appetite from international banks for first gigascale 24/7 solar plant
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Dubai World real estate firm Limitless has restructured its $1.2bn Islamic debt after repeatedly extending the repayment deadline from 2010.
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MIDDLE EAST First Gulf set to sign next week
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After losing ground to their Asian peers during the summer, European banks are becoming competitive again in central and eastern Europe (CEE), according to Viktor Belyakov, chief financial officer at Russian potash firm Uralkali.
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The UAE’s First Gulf Bank is set to complete its $800m three year bullet loan early next week. Books are still open on the deal, but the facility is already oversubscribed, said two loans bankers.
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Dubai World real estate firm Limitless has restructured its $1.2bn Islamic debt after repeatedly extending the repayment deadline from 2010.