Affric Infrastructure: Why it pays to get the right funding advice

As oil prices continue to spiral downwards, developers and construction companies in the GCC are being forced to come to terms with...

Construction

SK Engineering raises $100m from Gulf banks

A consortium of banks led by Mashreq has signed a $100 million loan for financing general corporate requirements of South Korea’s SK...

Features

Ten tips: Financing construction machinery

1. Paperwork Clear corporate accounts naturally help make the solvency of your business clear to any bank or finance company, with records...

Construction

Al Futtaim Group Real Estate announces $1bn loan facility for Doha Festival City

Al Futtaim Group Real Estate, the Dubai based property developer, has announced that it has secured a $1 billion loan facility for...

Construction

Optimistic GCC construction market believes cost of capital is ‘too expensive’

A new survey by international law firm Pinsent Masons has revealed optimistic growth in the GCC’s construction market, adding that financial concerns...

Construction

Depth of sukuk market needs to improve

[caption id="attachment_14594" align="aligncenter" width="451"] Financial experts have said that GCC policy makers should concentrate on developing more non-banking financial services.[/caption] RELATED ARTICLES:...

Construction

Saudi bank deposits to rise to $338bn

[caption id="attachment_14564" align="aligncenter" width="451"] The deposit base of Saudi banks reached $338bn during the month of January, reports said.[/caption] RELATED ARTICLES: Experts...

Construction

Gulf banks to maintain high debt issuance

[caption id="attachment_14442" align="aligncenter" width="451"] Standard and Poor have said that Gulf banks will continue to keep issuance levels high in 2013.[/caption] RELATED...

Construction

DIB makes formal acquisition offer to Tamweel shareholders

[caption id="attachment_14354" align="aligncenter" width="590"] Dubai Islamic Bank has made a formal offer for Tamweel, the Islamic mortgage company.[/caption] RELATED ARTICLES: Huge GCC construction...

Construction

Gulfar explores finance restructuring options

[caption id="attachment_12891" align="aligncenter" width="366"] Gulfar Engineering is exploring their options in terms of restructuring their finances.[/caption] RELATED ARTICLES: Galfar bags $78.2mn grid station...