Tag: Loan
Egypt receives $282mn loan from Arab Monetary Fund to support economy
Arab Monetary Fund (AMF) has provided the second tranche of the loan of $282 million to Egypt within the framework of the Structural Adjustment...
Oman raises $2.2bn worth loans via large group of banks
Oman has reportedly raised $2.2 billion worth loan in a deal that has attracted the interest of a large group of regional and foreign...
Aramco looks to extend $10bn loan by a year: Sources
The Saudi Arabian public petroleum and natural gas company, Aramco, has asked banks to extend a $10 billion loan it raised in May 2020...
Chinese tech giant Tencent raises $8.3bn worth loan in Asia
Chinese multinational technology conglomerate holding company Tencent Holdings has raised $8.3 billion in the biggest offshore syndicated loan in Asia for a Chinese firm...
Saudi Aramco lining up $7.5bn loan for pipeline investors
The largest oil-exporting company in the world, Saudi Aramco is preparing for a loan of about $7.5 billion for potential investors in its oil...
Sharjah developer Arada taps $81mn loan for project expansion
Sharjah's master-developer Arada has obtained an initial $81 million (Dh300 million) loan from Dubai Islamic Bank (DIB) as it intends to add more features...
Saudi Arabia’s PIF to seek up to $7bn loan for new...
The sovereign wealth fund of Saudi Arabia is planning to raise about $7 billion in loans as it seeks cash for new investments, according...
Oman in negotiation with banks for loan of nearly $1 billion:...
As the oil-producing Gulf state seeks more funding ahead of heavy debt redemptions over the next two years, Oman is negotiating a loan of...