Tuesday 4 August 2015
 
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facility

Bank ABC in $250m million loan facility deal

Bahrain-based Bank ABC said it has closed a $250 million syndicated term loan facility for Bank Sohar. The three-year facility was signed on July 14 and will be used by Bank Sohar for general funding purposes, said a report in the

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Euro Motors plans $10m body shop facility

Bahrain-based Euro Motors has announced plans to build a new state-of-the-art body shop facility worth $10 million. The company, which is the official authorised car importer of BMW, MINI, Rolls Royce, Jaguar, Land Rover, Ferrari

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Euro Motors plans $10m body shop facility

Bahrain-based Euro Motors has announced plans to build a new state-of-the-art body shop facility worth $10 million. The company, which is the official authorised car importer of BMW, MINI, Rolls Royce, Jaguar, Land Rover, Ferrari

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Euro Motors plans $10m body shop facility

Bahrain-based Euro Motors has announced plans to build a new state-of-the-art body shop facility worth $10 million. The company, which is the official authorised car importer of BMW, MINI, Rolls Royce, Jaguar, Land Rover, Ferrari

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Al Rawabi invests $6.8m in new cold store facility

Al Rawabi Dairy Company, a leading UAE-based dairy, has expanded its cold storage infrastructure with the opening of a Dh25 million ($6.8 million) facility that can store 4,000 pallets - equivalent to 180,000 crates in a temperature controlled e

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Bahraini bank in $150m loan facility arranging deal

Bahrain-based Bank ABC, HSBC Securities and National Bank of Abu Dhabi (NBAD) have been mandated to arrange a $150 million senior unsecured term loan facility for Banco ABC Brasil, a subsidiary of Bank ABC. They were appointed as

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Copart opens third Mideast facility in Muscat

Copart, a leading online vehicle auction company, has opened the Copart Muscat Auctions, its third facility in the Middle East. This facility is now open for business and will conduct its first auction on June 23rd, with its princ

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KIB eyes $100m financing facility

Kuwait International Bank (KIB) has mandated Arab Banking Corporation and ABC Islamic Bank as the initial mandated lead arrangers to arrange on its behalf a debut $100 million syndicated Murabaha financing facility. The facility w

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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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