ADFD approves $33mn loan for waste-to-energy facility in Sharjah

The Abu Dhabi Fund for Development (ADFD) has announced that it will fund the development of a 30MW waste-to-energy facility in Sharjah....

Construction

Dubai’s Nakheel ‘seeks $1.4bn loan to fund projects’

The Dubai-based developer Nakheel is looking to borrow AED 5 billion ($1.4bn) from banks to fund new projects, sources have told the...

Construction

Middle East to award contracts worth $159bn

[caption id="attachment_13447" align="aligncenter" width="448"] Project owners and contractors are scrambling for project financing as new regulations come into force.[/caption] RELATED ARTICLES: KSA contractors...

Analysis

Positive Outlook for Islamic Project Financing

Globally, Islamic banking assets are said to be growing twice as fast as conventional banking assets and are expected to reach...

Analysis

Positive Outlook for Islamic Project Financing

[caption id="attachment_3328" align="aligncenter" width="300"] Islamic banking assets are set to reach $1.1 trillion in 2012.[/caption] Globally, Islamic banking assets are said to...

Construction

GCC developers go local for project financing

[caption id="attachment_10975" align="aligncenter" width="380"] Regional developers are looking to local banks to provide funding for their projects.[/caption] GCC project developers are increasingly...