Tuesday 26 May 2015
 
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facility

Taqa to raise $3.5bn five-year loan

Abu Dhabi National Energy Co (Taqa) is looking to raise a $3.5 billion loan as it seeks to consolidate a number of existing debts into one facility with a lower rate of interest, three sources aware of the matter told Reuters on Thursday.

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Arab Banking Corp finances key jet leasing transaction

Bahrain-based Arab Banking Corporation (ABC) has provided a financing facility to Oman Brunei Aviation Leasing Company (OBALC). The facility is for the purchase of two new B737-900ER aircraft leased to Oman Air, said a report in t

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Arab Banking Corp finances key jet leasing transaction

Bahrain-based Arab Banking Corporation (ABC) has provided a financing facility to Oman Brunei Aviation Leasing Company (OBALC). The facility is for the purchase of two new B737-900ER aircraft leased to Oman Air, said a report in t

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SDV-UAE opens new warehousing facility at Dafza

SDV-UAE, a leading transport and logistics provider in the region, has opened a new corporate and warehousing facility at the Dubai Airport Free Zone Authority (Dafza). The launch forms part of SDV’s strategy of capitalising

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Warba takes part in $155m syndicated loan for Ajman Bank

Warba Bank has provided $25 million as part of a $155 million Syndicated Islamic Financing Facility for Ajman Bank based in the UAE. The arrangement of the two-year Murabaha facility was led by Noor Bank, said a statement.

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GE to invest $200m in Egypt manufacturing facility

General Electric is investing $200 million in a manufacturing and training facility in Egypt's Suez City and had delivered a shipment of gas turbines to supply its grid. The $200 million investment would focus on power generat

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GE to invest $200m in Egypt manufacturing facility

General Electric is investing $200 million in a manufacturing and training facility in Egypt's Suez City and had delivered a shipment of gas turbines to supply its grid. The $200 million investment would focus on power generat

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HB Rentals opens new service facility in Abu Dhabi

HB Rentals, a leading supplier of onsite accommodation and operating essentials for the oil and gas industry, has opened a new operating and service facility in a purpose built 10,000-sq-m yard in Mussafah in Abu Dhabi, UAE. With

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HB Rentals opens new service facility in Abu Dhabi

HB Rentals, a leading supplier of onsite accommodation and operating essentials for the oil and gas industry, has opened a new operating and service facility in a purpose built 10,000-sq-m yard in Mussafah in Abu Dhabi, UAE. With

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Minelab sets up new facility in Dubai

Minelab, a metal-detecting technologies provider, has opened a new facility in Dubai, UAE, as part of a $2 million investment recognising Dubai as a strategic hub for its gold business in the Middle East and North Africa.   Mi

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