Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi Alhokair gets USD266m loan  Join our daily free Newsletter

MENAFN - 06/06/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN) Saudi Arabian retailer Fawaz Abdulaziz Alhokair Co. has signed an USD0.266 billion Islamic loan maturing in March 2021 to repay loans and fund expansion, according to Arab News.

The loan is repayable by semi-annual installments starting 18 months from June 4, the date of agreement, a bourse statement said.

Alhokair, the Saudi Arabian retailer which franchises brands such as Zara and Marks and Spencer in the Kingdom, said last week it plans to issue a debut riyal-denominated sukuk.

 


MENAFN




  MENA News Headlines
 Feb 1 2015 - Kuwait- EQUATE wins GPCA 2015 AwardKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) EQUATE Petrochemical Company announced that it has won a Gulf Petrochemical and Chemical Association (GPCA) award for best plastic products and processes."As a ...

 Feb 1 2015 - Full-blown Kuwaiti opera marks national celebrations in Feb.Kuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) In recognition of the sacrifices of Kuwait's martyrs during the 1990 Iraqi invasion, an unprecedented full-length opera will be staged on Feb 22-24, during the ...

 Feb 1 2015 - Bahrain revokes citizenship of 72 peopleKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The Bahraini government has revoked the nationality of 72 people over failing in their allegiance duties towards the kingdom and harming its interests.The fresh ...

 Feb 1 2015 - Min. Al-Sanea stresses Kuwait's continuous support for Syrian refugeesKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Visiting Minister of Justice and Minister of Awqaf and Islamic Affairs Yaqoub Al-Sanea said here on Saturday that Kuwait has been supporting the Syrian refugees ...

 Feb 1 2015 - Kuwaiti constitution: guarantor of women's rights - officialKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The Kuwaiti constitution embraces human rights, especially those for women, said here consultant to Women's Affairs Committee affiliated with the Kuwaiti Cabinet ...

 Feb 1 2015 - Kuwait, Senegal underscore Sheikh Sabah Al-Khaled's visit to DakarKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Kuwaiti and Senegalese officials stressed here on Saturday the significance of the visit to be paid by Kuwaiti First Deputy Prime Minister and Foreign Minister ...

 Feb 1 2015 - Kuwait- KRCS continues providing aid to Syrian refugees in JordanKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Volunteers of the Kuwait Red Crescent Society (KRSC) distributed on Saturday food parcels and blankets to about 800 Syrian refugee families living in the ...

 Feb 1 2015 - Kuwait- Al-Khrinej welcomes Egypt premier's visitKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Deputy National Assembly Speaker and chairman of Kuwaiti-Egyptian committee Mubarak Al-Khrinej welcomed on Saturday a visit to be paid by the Egyptian Prime ...

 Feb 1 2015 - Australia's Packer quits Sri Lanka after casino banArab Times
(MENAFN - Arab Times) COLOMBO, Jan 31, (AFP): Australian gaming mogul James Packer's Crown Group said Friday it has scrapped plans for a $350-million resort in Sri Lanka after the new government ...

 Feb 1 2015 - Arab League develops joint plan of action to counter terrorism - Al-ArabyKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Arab League Secretary General Nabil Al-Araby said the Arab League is developing an Arab plan of action to counter terrorism in the region.Addressing the 35th ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help