Construction & Real Estate

Imkan signs up IHC unit to deliver financing across its contractor network

Imkan, a global master developer based in Abu Dhabi, has signed a strategic partnership with Zelo, a UAE-based private financing platform and unit of International Holding Company (IHC), to deliver embedded financing solutions to contractors and suppliers operating within its development ecosystem....

Construction & Real Estate

Emirates NBD closes $2.25bn in long-term financing

Emirates NBD said it has successfully closed $2.25 billion in long-term financing despite a challenging regional and global environment. The transaction includes a $1.75 billion five-year sustainability-linked syndicated term loan and a $500 million five-year Club Commodity Murabaha term facility. ...

Construction & Real Estate

United Solar secures $900m financing for Oman polysilicon facility

United Solar Holding today announced that its wholly-owned subsidiary, United Solar Polysilicon (USP), has secured over $900 million to complete financing for its state-of-the-art polysilicon facility in Oman. ...

Construction & Real Estate

ADNOC secures $11bn financing for Hail & Ghasha gas development

Abu Dhabi National Oil Company (ADNOC), in partnership with Eni and PTT Exploration and Production Public Company Limited (PTTEP), has signed a landmark structured financing transaction of up to AED40.4 billion ($11 billion) to monetise Hail and Ghasha’s midstream future gas production....