Monday 27 April 2015
 
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Financing

DMCC initiative to host diamond financing seminars

The Dubai Diamond Exchange, a DMCC initiative, is planning to hold three seminars on diamond financing this year, underscoring the growing importance of the issue for the global diamond industry. Finance and liquidity was one of t

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Financing ‘still a top challenge for UAE SMEs’

Financing is still a top challenge facing entrepreneurs, according to 45 per cent of the 152 small and medium enterprises surveyed recently, out of which 21 of them said acquiring funds is proving to be very difficult for small business owners i

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Bahrain forum to focus on combating terrorism financing

Bahrain will today host the eighth GCC-EU workshop on combating financing of terrorism. The Foreign Ministry and the Central Bank of Bahrain are organising the seminar in co-operation with the general secretariat of the GCC and th

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Al Baraka unit in $268m syndicated loan facility success

Albaraka Türk Katılım Bankası (Albaraka Türk), a unit of Bahrain-based Al Baraka Banking Group, has successfully closed a $268 million syndicated Murabaha financing facility on April 9, it was announced yesterday (April 13).

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Seera successfully exits UK financing transaction

Seera Investment Bank, a Bahrain-based Islamic investment bank, has successfully exited a Sharia-compliant financing transaction to develop a student accommodation property in London, UK. The financing generated a total return on

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Seera successfully exits UK financing transaction

Seera Investment Bank, a Bahrain-based Islamic investment bank, has successfully exited a Sharia-compliant financing transaction to develop a student accommodation property in London, UK. The financing generated a total return on

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119 industrial projects in Jordan to get $74m finance

As many as 119 industrial and service projects in Jordan are set to receive 53.4 million Jordanian dinars ($74.9 million)  in financing from the Governorate Development Fund (GDF), according to a report. The projects will cre

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119 industrial projects in Jordan to get $74m finance

As many as 119 industrial and service projects in Jordan are set to receive 53.4 million Jordanian dinars ($74.9 million)  in financing from the Governorate Development Fund (GDF), according to a report. The projects will cre

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National Petroleum signs $200m financing

Dubai-based oilfield services firm National Petroleum Services (NPS) has secured a $200 million refinancing deal from a group of banks and financial institutions, Arab Petroleum Investments Corp (Apicorp), one of the participants, said on Sunday

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Qatari banks extend $345m financing for road project

Al Khalij Commercial Bank and the Commercial Bank of Qatar have extended financing facilities worth QR1.26 billion ($345.6 million) for a contract awarded to a joint venture between Turkish companies Dogus Construction and Onur Taahhut for the c

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