Saudi-based Al Bayan Group Holding Company said it has signed a $70 million syndicated Islamic term financing facility with a group of leading regional and international banks.
ABC Islamic Bank, the Islamic finance subsidiary of A
Global legal practice Norton Rose Fulbright has advised a syndicate of 13 banks in relation to an unsecured $1.159 billion and Dh1.609 billion ($438 million) syndicated facilities for Majid Al Futtaim Holding (MAF).
The bank group
Dubai lender Mashreq said on Monday it had led a syndication of banks to raise a $140 million loan for Sri Lanka's Bank of Ceylon.
Ten regional banks participated in the facility, including Oman's Bank Sohar and Bank Dhofar, Qatar's Doha B
State-owned utility Dubai Electricity and Water Authority (Dewa) has launched the first stage of syndication for its $2 billion, one-year Islamic loan, banking sources has said.
As previously reported, arranging banks are ABN AMRO, Dubai I