Saudi Arabia’s REDF signs deal to refinance $2.6bn real estate portfolio

The Real Estate Development Fund has announced the signing of a funding partnership agreement, a first of its kind, with the Saudi...

Consultant

Emaar EC eyes 33% capital hike as it looks to boost liquidity

Emaar EC, the master developer behind King Abdullah Economic City (KAEC) in Saudi Arabia, has said that its board of directors has...

Consultant

ACWA Power announces financial close for 1500MW Sudair solar plant

ACWA Power, the developer, investor and operator of power generation and desalinated water plants, has announced the financial close for the 1500...

Consultant

ADFD agrees $26mn loan with Guinea to finance and develop major roads project

Abu Dhabi Fund for Development (ADFD), the economic development arm of the UAE government, has signed an agreement with the government of...

Consultant

TRSDC closes $3.76bn term loan facility and revolving credit facility with Saudi banks

The Red Sea Development Company (TRSDC) has announced that it has closed a $3.76 billion term loan facility and revolving credit facility...

Consultant

Herbert Smith Freehills completes financing package for Yanbu 4 desalination project

Herbert Smith Freehills' projects team has revealed it has successfully advised the lenders involved in a multi-sourced project financing for the Yanbu...

Consultant

Renaissance Services secures funding for expansion of workers’ village

Oman-based Renaissance Services has announced that it has secured funding worth $82 million for the expansion of its workers’ village in the...

Consultant

KSA puts financing plans for Riyadh Airport expansion on hold

Saudi Arabia has put on hold financing plans potentially worth billions of dollars for the expansion of Riyadh’s airport, sources have said,...

Consultant

Bank Nizwa signs financing agreement for Omani campus of Arab Open University

Bank Nizwa, a leading Islamic bank in Oman, has announced the signing of an agreement with Arab Open University for the funding...

Consultant

Masdar completes financing for ‘landmark’ 100MW Nur Navoi Solar Project in Uzbekistan

Masdar has completed the financial close of the Nur Navoi Solar Project – Uzbekistan’s first successfully-financed independent power producer (IPP) solar project....