MEED | UK export credit agency backs Qiddiya Six Flags
A joint venture of Bouygues and Almabani secured the main construction contract for the project in December 2021
Source: meed.com
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UK taxpayers underwrite French contractor's Saudi project
Construction of a theme park in Saudi Arabia by a Franco-Saudi joint venture is being underwritten by the UK government.
Source: theconstructionindex.co.uk
UK Exporters To Benefit From UK Export Finance Backing of Six Flags Qiddiya City Deal
UK Export Finance has announced its first Islamic Murabaha financing in Saudi Arabia with the Six Flags Qiddiya City deal which will help UK exporters and suppliers to build the theme park.
Source: ibtimes.co.uk
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Bahrain's state energy company to revamp operations under new brand
Under Bapco Energies, the existing operating companies of nogaholding will be integrated and rebranded into seven businesses over the next three years
Source: thenationalnews.com
nogaholding wins $200m funding from Al Baraka Islamic Bank
Bahrain's Oil and Gas Holding has secured a $200 million credit facility from a banking syndicate led by Al Baraka Islamic. It comes at a time when noga gears up for its strategic transformation, from oil and gas company to a progressive energy company.
Source: tradearabia.com