Monday 18 June 2018
corporate loan

Dubai Aluminium seeks rare corporate loan

Dubai Aluminium (Dubal) has held talks with banks about raising a loan to help fund its general operations, the first time the firm has commissioned such a facility in years, three banking sources said. While it is a rarity for th


Ithmaar Bank, AUB in $167m morabaha deal

Ithmaar Bank, an Islamic retail and commercial bank, and Ahli United Bank (AUB), a full commercial bank based in Bahrain, have signed a $167 million (BD63 million) five-year secured Morabaha facility. The Morabaha facility (Sharia-complian

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