UAE-based Driven | Forbes Global Properties has appointed Emre Okay as its new Group Chief Financial Officer. An industry veteran, Okay has proven expertise spanning large-cap private equity in Europe and investment banking at UBS in New York. ...
DIB, a leading Islamic bank in UAE, has launched a new off-plan home finance proposition designed to support customers purchasing freehold properties from leading developers across the UAE during the under-construction phase. ...
Saudi-based Makkah Construction and Development Company said it had renewed an existing SAR880 million ($235 million) shariah-compliant financing facility with Bank AlJazira. It will be used to meet liquidity requirements and fund strategic projects. ...
King Abdullah Financial District Development and Management Company (KAFD DMC), the developer and operator of Riyadh’s premier business and lifestyle destination, has secured a SAR12 billion ($3.2 billion), 15-year, senior-secured Murabaha facility, its first independently secured debt facility. ...
Bahrain's Electricity and Water Authority (EWA) has announced the launch of an international tender for the development of Bilaj Al Jazayer Solar IPP with a planned capacity of up to 100 MWac. The key solar farm is set for commercial operations in September next year. ...
Oman's Ministry of Finance and the Saudi Fund for Development (SFD) have signed a memorandum of understanding (MoU) to finance the construction of the Thumrait Industrial City project....
Sustainability Forum Middle East (SFME) concluded its fourth edition on a successful note in Bahrain following two days of high-level dialogue on energy transition, sustainable finance, and long-term competitiveness and climate transformation featuring more than 650 regional and global leaders. ...
