Make MENAFN My Home Page
 
  Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Warba Bank arranges 155m co-financial for UAE firm  Join our daily free Newsletter

MENAFN - Arab Times - 09/07/2014
No. of Ratings : 0
Add to Mixx!


(MENAFN - Arab Times) KUWAIT CITY July 8 (KUNA): Warba Bank announced on Monday that it had arranged a syndicated financing worth 155 million for a leading #UAE oil services company. Warba's share in the facility hits 25 million the Bank said in a statement. Noor Bank and #Qatar Islamic Bank are participating in the syndicated financing.

The statement added that the #UAE oil services company is a world-class one erating in the Middle East and North Africa enjoying a strong market position and a stable base of customers. Warba stressed keenness on developing and supporting innovative financing solutions in line with the Islamic Sharia through well-studied risks then offering them to clients. The Bank stressed that the step is part of its strategy to expand in promising developing markets.





 


 
 


Arab Times




Loading, Please wait....


 





Google

 
 

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

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