Abu Dhabi Islamic Bank (ADIB) has closed a 1.32 billion dirhams ($360 million) syndicated Islamic facility for one of the largest operator's and owner of jack-up barges in the region, it said on Sunday.
The deal will help meet
A potential $500 million sale of a 79-percent stake in Gulf Marine Services (GMS) by its Abu Dhabi-based private equity owner has collapsed due to financing issues and differences over valuation, three sources said.
They said that talks be
UAE-based Gulf Marine Maintenance and Offshore Service Company (GMMOS) said it has secured a $100 million term loan facility to refinance existing debt and fund acquisitions in the offshore supply vessel (OSV) sector.
The loan facility is