Thursday 10 July 2014
 
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facility

Unatrac extends, re-prices $700m syndicated loan

Unatrac Holding, a leading Caterpillar dealer, has amended, extended and re-priced a $700 million syndicated revolving credit facility originally signed in June last year.   Barclays Bank and Citi acted as joint

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New Nimr factory construction begins in Abu Dhabi

Tawazun Holding 's vehicle manufacturer Nimr Automotive has begun the construction of its new integrated facility for production of Nimr vehicles in Abu Dhabi, said a report.   The facility, located at the Ta

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Qatar Solar Energy opens new facility in Doha

Qatar Solar Energy (QSE), a Qatar-based renewable energy company, has opened its largest solar technology development and manufacturing facility in the Mena region, in the outskirts of Doha.   QSE will deliver so

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Qatar Solar Energy opens new facility in Doha

Qatar Solar Energy (QSE), a Qatar-based renewable energy company, has opened its largest solar technology development and manufacturing facility in the Mena region, in the outskirts of Doha.   QSE will deliver so

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ZLC achieves Caterpillar certification

Jeddah-based Zahid Learning Center (ZLC) has been certified as a Caterpillar Five Star Contamination Control Facility.    The achievement proves ZLC’s commitment to providing a world-class learning env

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Ooredoo signs $1bn loan deal to repay debt

Qatar's Ooredoo has signed a $1 billion five-year revolving credit facility, the telecommunications operator said in a statement on Thursday.   Ooredoo will use the new facility to repay a $750 million loan d

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ADCM unit secures $213m bridging loan

Integrated Alternative Finance, a wholly owned subsidiary of Abu Dhabi Capital Management (ADCM), has secured a Dh 786 million ($213.9 million) bridging facility to fund its acquisition of 1 Palace Street, London, a redevelopment project in Prim

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Qatar in talks over US ‘preclearance’ facility

Doha’s new international airport, which is set to open later this year, is in talks with US authorities for a US ‘preclearance’ customs post, said a report. The facility allows passengers to go through US customs

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LED manufacturing facility to be set up in Qatar

Qatar Intermediate Industries Company (Alwaseeta) has signed a deal with Qatar Korea LED Consortium (QKLC) to set up a LED lighting systems manufacturing facility in the country, said a report. Under the joint venture agreement, A

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UAE foundation to set up R&D facility in Manipal

The Faizal and Shabana Foundation, a part of UAE-based KEF Holdings, has signed a deal with Manipal University to invest Dh3 million ($816,662) towards a research and development facility. The facility will focus on precast concre

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