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AD Ports Group inks $2bn loan facility

AD Ports Group has signed a general corporate facility agreement with a syndicate of 13 regional and international banks for a $2bn loan facility.

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AD Ports Signs $2 Bln Syndicated Bank Facility

Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities

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Abu Dhabi's AD Ports secures $2bln syndicated facility

Abu Dhabi's AD Ports secures $2bln syndicated facility
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UAE's AD Ports Group secures $2bn syndicated facility

In addition to strong demand for this new syndicate facility, AD Ports Group managed to improve pricing compared with the $1bn RCF it secured in 2021.

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AD Ports secures $2b corporate facility with syndicate of 13 banks

AD Ports Group on Tuesday announced the signing of a General Corporate Facility agreement with a syndicate of 13 regional and international banks.

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AD Ports Group Secures USD 2 Billion Corporate Facility with Syndicate of 13 Banks

AD Ports Group Secures USD 2 Billion Corporate Facility with Syndicate of 13 Banks
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Egypt: further currency devaluation expected

Analysts have predicted that the Central Bank of Egypt will devalue the Egyptian pound against the US dollar again today, after the widening gap in exchange rates between the parallel and derivative m...

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4 Gulf Banks Raise Interest Rates by 0.25%, Qatar Holds

Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities

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ADCB posts record Sh6.43b net profit for 2022

The lender also recorded 13 per cent increase in total assets as it amounted to Dh498 billion as at December 31, 2022 while total customer deposits rose 17 per cent ...

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Beyonce launches $100,000-a-night Dubai resort's next chapter

Beyonce performed to a VIP audience for a reported $24m and fireworks lit up the sky above the city’s famous artificial tree-shaped island.

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