Sunday 24 July 2016
 
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Kuwait Styrene secures $280m NBK funding

Kuwait Styrene, a joint venture between Kuwait Aromatics Company and Dow Chemical Company, said it has secured a $280-million loan from the National Bank of Kuwait (NBK). The loan would be used for general business purposes, the b

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Kuwait Styrene secures $280m NBK funding

Kuwait Styrene, a joint venture between Kuwait Aromatics Company and Dow Chemical Company, said it has secured a $280-million loan from the National Bank of Kuwait (NBK). The loan would be used for general business purposes, the b

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Airbnb value seen at $30bn after new funding

Apartment-sharing startup Airbnb is in talks for a new round of funding that would value the company at $30 billion, a source close to the company said on Tuesday. Airbnb intends to use the financing to support new investments and

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Waha secures funding for Abu Dhabi industrial project

Waha Land, a wholly owned company of Waha Capital, has signed a Dh426-million ($116 million) financing package with Emirates Islamic Bank for further development of its Almarkaz light industrial real estate project, following the successful leas

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Waha secures funding for Abu Dhabi industrial project

Waha Land, a wholly owned company of Waha Capital, has signed a Dh426-million ($116 million) financing package with Emirates Islamic Bank for further development of its Almarkaz light industrial real estate project, following the successful leas

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Hyflux gets key funding for Oman water project

Hyflux, a Singapore-based specialist in water treatment, said its Omani subsidiary has achieved financial close for the non-recourse project financing of Qurayyat Independent Water Project in the Oman. The $185-million facility is

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7 firms offer funding for Oman-Iran gas pipeline

A total of seven companies are ready to finance construction of a gas pipeline to Oman from Iran, Alireza Kameli, managing director of National Iranian Gas Export Company (NIGEC) was quoted as saying by Oman Observer. &ld

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National Iranian Copper close to securing global funding

National Iranian Copper Industries Company (NICICo) is close to securing international financing to invest in new mining and smelting capacity after the removal of sanctions, a senior official at the company told Reuters. "We

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Egypt wins Kuwait funding for infrastructure projects

Egypt is set to secure $100 million funding from Kuwait government for the speedy development of its key infrastructure projects in the Sinai region of the Arab nation, said a report. The Egyptian government will sign an agreement

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Turkmenistan seeks Saudi, Japanese funding for gas link

Turkmenistan is in talks with the Islamic Development Bank, the Saudi Fund for Development and Japan's government on financing the construction of a gas pipeline to Afghanistan, Pakistan and India, a project official said on Saturday.

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