Houlihan Lokey secures funding for SPIPD’s Imperial Avenue project in Downtown Dubai

Global investment bank Houlihan Lokey has announced it has secured funding for Shapoorji Pallonji International Property Developers (SPIPD) to finance the completion...

Consultant

SAMA announces amendment articles of implementing regulations of finance laws

The Saudi Central Bank (SAMA) has amended several articles of the Implementing Regulations of the Finance Laws in Saudi Arabia. According to...

Construction

ADFD announces opening of bridge in key Somaliland corridor

The first bridge built as part of the Berbera-Hargeisa corridor project in Somaliland has been inaugurated according to the Abu Dhabi Fund...

Construction

$2bn of Saudi-based Azmeel’s debt restructured says Deloitte

Azmeel Contracting & Construction Corporation said Deloitte was its restructuring advisor and worked to prepare a business plan, a restructuring proposal compliant...

Construction

Dubai unveils $1.03bn in new housing projects for citizens

Housing projects worth $1.03bn have been announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler...

Consultant

Dubai’s Department of Finance announces $6.8bn worth of new PPP projects

More than $6.8bn of public-private partnership (PPP) projects have been announced by the Government of Dubai’s Department of Finance (DoF). The projects...

Consultant

KSA’s Amlak International sets price range for IPO offering

Saudi Arabia’s Amlak International for Real Estate Finance and NCB Capital, one of the Kingdom’s leading financial institutions, has set the price...

Construction

KFAED signs $100 million loan agreement with Bahrain

Kuwait Fund for Arab Economic Development (KFAED) has signed a $100 million loan agreement with Bahrain to help finance the development of...

Construction

Emaar Properties signs final terms relating to issuance of $500m trust certificate

Emaar Properties, the Dubai-based developer, has announced that it has signed final terms related to the issuance of a $500 million trust...

Consultant

KSA’s Jadwa to distribute $5m in cash dividends to unit holders of its REIT AlHaramain Fund

Jadwa Investment, a leading investment management and advisory firm in Saudi Arabia, has announced plans to distribute cash dividends worth $4.92 million...