People walk past Mashreq bank in Dubai, United Arab Emirates July 26, 2017. REUTERS/Nawied Jabarkhyl
Bahrain’s Oil & Gas Holding Company has hired Gulf International Bank (GIB) and Mashreq (MASB.DU) to refinance an existing $1.6 billion murabaha facility, GIB said on Tuesday.
“The proposed transaction will have both Islamic and conventional tranches and will be sustainability linked,” GIB told Reuters in response to a query.
Oil & Gas Holding and Mashreq did not immediately respond to requests for comment. Reporting by Yousef Saba and Saeed Azhar; Editing by David Goodman
This article was originally published by Reuters.
fäm Properties report reveals Azizi dominating affordable market in 2026 and topping overall sales transactions…
Iraq's banking sector is undergoing one of its most significant transformations in decades, with Baghdad…
By Talal M. Al Gaddah, CEO and Founder of the Keturah luxury brand Global luxury…
Sales surge across all property segments as June takes Q2 deals to 38,157 worth AED110.2 billion …
Keturah founder says premium property market keeps proving its durability as villa, apartment deals average AED…
Jordan's luxury hospitality and lifestyle sector is witnessing renewed momentum as international hotel brands, premium…