Monday 19 February 2018
 
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Financing

Al Ahli secures $340m financing to expand mall

Al Ahli Holding Group, a major UAE conglomerate, has secured an Islamic club financing facility worth Dh1.25 billion ($340 million) for the expansion and general corporate purposes of Dubai Outlet Mall. Dubai Islamic Bank acted as

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Solar Alliance signs $5bn financing deal

The World Future Energy Summit (WFES) hosted the first-ever gathering of the International Solar Alliance (ISA), when it discussed the body’s aim of raising $1 trillion in global solar investments by 2030.   

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Masdar completes financing of Jordan solar project

Masdar, Abu Dhabi Future Energy Company, announced at the ongoing Abu Dhabi Sustainability Week that the financing of the largest solar power plant in Jordan has been completed. The financing for the 200 megawatt-capacity (MW) Bay

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Diyar Al Muharraq inks partnership deal with Arab Bank

Diyar Al Muharraq, a leading urban developer in Bahrain, has signed a corporate referral agreement with Arab Bank, one of the most prominent banks in leading markets based in Amman, Jordan, for its upcoming mixed-use project in the country.

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Oman's A’Saffa Foods inks $81m Islamic finance deal

A’Saffa Foods, a fully integrated poultry and processed food producer based in Oman, said it has secured a RO31.5 million ($81.5 million) loan from Meethaq, the Islamic banking unit of Bank Muscat, to finance its robust expansion plans.

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Oman's A’Saffa Foods inks $81m Islamic finance deal

A’Saffa Foods, a fully integrated poultry and processed food producer based in Oman, said it has secured a RO31.5 million ($81.5 million) loan from Meethaq, the Islamic banking unit of Bank Muscat, to finance its robust expansion plans.

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Egypt small firms win $5m financing

Egypt’s Micro, Small, and Medium Enterprises Development Authority has signed two contracts, worth EGP100 million ($5.66 million), along with the Suez Canal Bank, to finance small existing and new enterprises, said a report.

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Bank financing to UAE realty sector tops $76bn in H1

Bank financing provided to the property and construction sector in the UAE reached Dh281.2 billion ($76.5 billion) during the first half (H1) of 2017, rising by Dh16.5 billion ($4.49 billion) and reflecting a growth of 6.2 per cent from the end

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Iran Air selecting financiers for 200 jets: CEO

Iran is in the process of selecting financiers for the purchase of 200 passenger aircraft from among domestic and foreign companies which have submitted their proposals to Iran Air, CEO of the national carrier said. “Many pr

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Abu Dhabi funding of Pakistan projects hits $408m

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has till date supported Pakistan with grants and concessionary loans valued at Dh1.5 billion ($408 million) across nine sustainable projects.

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