Tuesday 18 December 2018
 
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loan deal

Alba wins ‘Syndicated Loan Deal of 2017’ award

Aluminium Bahrain (Alba), the Bahrain-based aluminium smelter, was recently recognised as the winner in the ‘Syndicated Loan of the Year’ category at the Bonds, Loans and Sukuk Middle East Awards which was held in Dubai, UAE.

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Saudi Maaden inks $1bn finance deal

Saudi Arabian Mining Company (Maaden) said its subsidiary Bauxite and Alumina Company has signed a SR 3.75 billion ($1 billion) financing agreement with the Public Investment Fund (PIF) for the second phase of its aluminium project. The se

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Dubai Drydocks $2.2bn loan deal unlikely in 2011

Drydocks World, a unit of Dubai World, said a proposed $2.2 billion loan deal with lenders expected to be completed by the end of April may not be reached this year. "Discussions (with banks) are still ongoing and it has not been completed

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SEC seals $1.3bn loan deal

State-controlled Saudi Electricity Company (SEC) said on Monday it finalised a murabaha Islamic financing worth SR5 billion ($1.3 billion) with four local banks to finance projects inside the kingdom. The 15-year financing was provided by

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Qatar Commercial Bank in $380m term loan deal

The Commercial Bank of Qatar, the largest private sector bank in the country, said it has agreed a $380 million term loan facility with a club of international banks. The facility, which has a tenor of one year and a margin of 90 basis poi

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Saudi Kayan in $6bn loan deal to fund plant

Saudi Kayan Petrochemical Company said on Saturday it had signed a $6 billion loan agreement with a group of banks to partly finance its complex in Al-Jubail industrial zone. ABN AMRO, Bahrain's Arab Banking Corporation, France's BNP Parib

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