Thursday 24 July 2014
 
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finance deal

Abu Dhabi airport contractors near $1.1bn deal

The consortium building Abu Dhabi's new airport terminal is close to securing a Dh4-billion ($1.1 billion) financing deal, which will be mainly sharia-compliant, banking sources said on Wednesday. Turkey's TAV Insaat, Duba

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Al Hilal to fund UAE steel plant project

Al Hilal Bank, a leading UAE-based Islamic bank, has allocated Dh430 million ($117 million) to partially fund a plant expansion project of Emirates Steel Industries, the UAE’s largest steel manufacturer. The fund allocation is part of a m

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Emal inks $737m deal for smelter project

Emirates Aluminium (Emal), a JV between Dubai Aluminium Company and Abu Dhabi's Mubadala, has signed agreements with three export credit agencies to secure Dh2.7 billion ($737 million) funding for its massive smelter project.

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DIB closes $215m Kharafi finance deal

Dubai Islamic Bank (DIB) said it has successfully arranged a multi-purpose financing deal worth Dh790 million ($215 million) for Kharafi National, a Kuwait-based leading construction group in the Middle East and Africa. Kharafi National is

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DIB closes $215m Kharafi finance deal

Dubai Islamic Bank (DIB) said it has successfully arranged a multi-purpose financing deal worth Dh790 million ($215 million) for Kharafi National, a Kuwait-based leading construction group in the Middle East and Africa. Kharafi National is

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Al Jaber seals Embraer jet deal

Abu Dhabi-based Al Jaber Aviation (AJA), a leading provider of VIP aviation services in the region, said it has successfully closed the financing for two Embraer Legacy 600 private jets. The company sealed the club deal with the participat

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ABC closes $475m Jordan water project deal

Arab Banking Corporation (ABC), a Bahrain-based international bank, said it has successfully closed a $475 million financing deal for Amman-based Disi Water Company (Diwco) to fund a wellfield and water pipeline project. Diwaco i

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$1.7bn financing deal signed for Bahrain IWPP

A $1.7 billion financing deal for Bahrain's Al Dur independent water and power project (IWPP) has been signed through arranging banks Calyon, Mashreqbank and Standard Chartered Bank, bankers close to the deal said on Tuesday. The proje

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Qatar Airways in $500m Boeing finance deal

Qatar Airways has struck two deals worth $500 million for the financing of three Boeing 777 aircraft in a move that clearly demonstrates the finance community's firm support and commitment towards one of the world's fastest growing airline

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Qatar Islamic in $124m financing deal

Qatar Islamic Bank (QIB) said on Saturday it had signed a contract to fund the construction of a project in Doha at a total cost of QR450 million ($123.7 million) through a lease finance arrangement. The Samirya Twin Tower, which will be b

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