Warba Bank Arranges USD 155 mln Co-financing for UAE Oil CompanySource: www.export-egypt.com 7/7/2014, Location: Middle East |
|
|
|
|
|
Warba Bank announced that it had arranged a syndicated financing worth USD 155 million for a leading UAE oil services company.
Warba's share in the facility hits USD 25 million, the Bank said in a statement. Noor Bank and Qatar Islamic Bank are participating in the syndicated financing. The statement added that the UAE oil services company is a world-class one operating in the Middle East and North Africa, enjoying a strong market position and a stable base of customers. Warba stressed keenness on developing and supporting innovative financing solutions, in line with the Islamic Sharia, through well-studied risks, then offering them to clients. The Bank stressed that the step is part of its strategy to expand in promising developing markets. |
|
|
Financials and Investment News in United Arab Emirates >> |
 |
|||||
|
Egypt >> 11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regardi...
|
Egypt >> 11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching...
|
|
Egypt >> 11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Mr. Chang Won Sa...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouly, with Mahmoud Esmat, Minister of Electricity and Renewable Energy Minister, and Sultan Al Jaber, UAE Ministe...
|
|
Egypt >> 11/20/2024 - Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting in the New Administrative Capital.
The Cabinet is set to add... |
| United Arab Emirates Oil & Gas 1 >> 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | |
