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.
Leason Ellis LLP has strengthened its Patent Practice Group with the addition of a nine-member…
The Abu Dhabi Department of Energy (DoE) has introduced a new Efficient Appliance Procurement Policy…
Dubai has emerged as a global crypto leader through clear, forward-looking regulation, attracting capital and…
Dubai’s health insurance sector recorded nearly 50 million claims in 2025 and expanded coverage to…
Dubai’s digital out-of-home (DOOH) advertising landscape has been strengthened with the installation of a high-impact…
Dubai is steadily positioning itself as a preferred destination for debt and equity listings as…