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UAE's Emal

Euro bank retreat raises costs for Abu Dhabi’s EMAL

Emal bond invite to be sent to banks late-Sept – sources; Loan to pay 225-300 bps over 15.5-yr life; Margin more than double first phase, shows impact of Euro bank pull-back; All part of $4 bln funding package for smelter expansion

September 5, 2012 5:36
Abu Dhabi TAQA

Abu Dhabi power project eyes bond by end September

Bond target size $800 mln, part of $2.2 bln refi; Bond could launch by end-Sept, dependent on rating; Six banks picked as bookrunners for bond; Loan portion of package oversubscribed - source

September 5, 2012 10:30
UAE's Emal

UAE’s Emal seeks $4 billion expansion financing

Emirates Aluminium (Emal), a joint venture between Abu Dhabi's Mubadala and Dubai Aluminium, has approached banks to arrange $4 billion in financing to expand its smelter, Project Finance International (PFI) said on Monday.

August 14, 2012 10:20

Abu Dhabi airport contractors near $1.1 billion finance deal

The consortium building Abu Dhabi's new airport terminal is close to securing a 4-billion dirhams ($1.1 billion) financing deal, which will be mainly sharia-compliant, banking sources said on Wednesday.

August 8, 2012 4:20

Emirates $587.5 million aircraft lease deal price talk issued

Doric Nimrod Air Finance Alpha, the aircraft leasing firm planning to issue bonds to help finance the sale of four Airbus A380 planes for Emirates airline , released initial price thoughts for the deal on Thursday.

June 28, 2012 4:51

Emirates plans aircraft lease deal worth $587.5 million

Dubai’s Emirates airline will lease aircraft from a financing firm which will issue certificates worth $587.5 million across two tranches,…

June 24, 2012 10:25
saudi aramco

Aramco, Dow Petchem JV picks banks for project sukuk

Four banks to arrange project sukuk; Part of $12.5 bln debt package for Aramco/Dow petchem JV; Will be only the second project sukuk from Saudi Arabia

June 13, 2012 10:41
Saudi Aramco sets June propane at $680 a tonne, down $130

Saudi Aramco seeks $12.5 billion in debt for Dow project-PFI

State-owned oil giant Saudi Aramco is seeking to raise $12.5 billion in debt to help finance its joint venture with Dow Chemical, according to a report in Project Finance International (PFI), a unit of Thomson Reuters.

May 31, 2012 11:34

Kuwait’s NIG to launch $358 million financing

Kuwait’s National Industries Group Holding (NIG) said on Sunday it has appointed banks to raise more than 100 million dinars…

May 21, 2012 8:50
All systems go: Dubai focuses on stronger aviation business

All systems go: Dubai focuses on stronger aviation business

With the Middle East’s aviation industry fast becoming the world’s strongest and Dubai’s need for more revenue generation, the emirate is banking on its aviation industry as a solid net.

March 6, 2012 12:55