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Absa, FirstRand and Standard Bank were MLAs in first deal after private equity exit
Omani oil company has pushed out maturity by a year
Renamed company's $4.2bn murabaha facility has lifted Saudi banks
Volume dips only slightly despite there being a third fewer transactions
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Abu Dhabi airport construction joint venture TAV-CCC- Arabtec has signed a Dh4bn ($1.09bn) four year conventional and Islamic facility from five Middle Eastern banks.
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Abu Dhabi airport construction joint venture TAV-CCC-Arabtec has signed a Dh4bn ($1.09bn) four year conventional and Islamic facility from five Middle Eastern banks.
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The European Bank for Reconstruction and Development (EBRD) has set up a €1bn off-balance sheet fund to finance deals in the southern and eastern Mediterranean, where it has just started lending.
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Saudi Arabia’s National Gas and Industrialisation Co (Gasco) is negotiating a SR203m ($54m) loan from the state-run Saudi Industrial Development Fund.
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Saudi Arabian mobile telecommunications company Zain Saudi has succeeded in extending the maturity of a Sr9.75bn ($2.6bn) Islamic financing for a third time. Lenders have agreed to allow the firm another two months to repay the joint murabaha, Zain said in a statement to the local stock exchange on Saturday.
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Saudi Arabia’s Sadara Chemical Company has signed a $4.975bn loan with Export-Import Bank of the United States (US Exim).