ACWA Power raises credit facility
Water and project developer ACWA Power
Jeddah - Arab Today
Water and project developer ACWA Power said it has increased its 2015 revolving credit facility by SR600 million to SR1.309 billion.
Saudi Hollandi Bank (SHB) funded all of the enhanced facility and the total facility is available until the third quarter of 2020, ACWA said in a statement.
ACWA also said it now has SR3.484 billion revolving credit facility at its disposal.
The facility used a Shariah-compliant murabaha structure, the statement said.
Source: Arab News
GMT 05:50 2017 Thursday ,23 March
ACWA Power keen to buy assets from Saudi ElectricityGMT 16:42 2016 Friday ,14 October
ACWA Power aims to build 340 MW wind plant in TurkeyGMT 18:55 2016 Friday ,15 July
Consortium closes $1.825bn Rabigh 1 refinancing
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 09:54 2018 Wednesday ,24 January
'Friendly and kind' N. Korean skaters
GMT 11:10 2018 Thursday ,30 August
Ariana Grande will perform at Aretha Franklin’s funeral
GMT 05:09 2024 Tuesday ,06 February
The Saudi-led Arab Coalition Forces have targeted a meeting of Houthi commanders in Beit Al Faqih, Hodeidah, killing scores of the
GMT 09:36 2017 Thursday ,07 December
Heidy Karam’s contract to present talk show closeGMT 10:50 2012 Friday ,20 January
Dusty weather expected in UAE on Friday
GMT 12:07 2018 Tuesday ,23 January
Syria Kurds urge civilians to take up arms against Turk assault
GMT 09:35 2018 Saturday ,13 January
New Zealand bat first in third ODI against Pakistan
GMT 00:22 2018 Monday ,08 January
Iran foreign minister ridicules Trump 'blunder' at UN
GMT 10:48 2017 Saturday ,23 December
Meryl Streep's brand under threat
GMT 06:53 2017 Thursday ,11 May
17th Doha Forum To Begin Sunday
GMT 10:30 2017 Thursday ,23 November
Reports underline proliferation of weapons in Arab world
GMT 07:46 2017 Monday ,30 October
Catch it early, treat it early and move on
GMT 08:05 2015 Tuesday ,17 February
Conan O'Brien is first late night host to film in Cuba
GMT 16:17 2018 Thursday ,30 August
Five Saudi women pilots granted GACA licences
GMT 14:01 2018 Thursday ,30 August
Expat with rare heart disorder gets life-saving surgery
GMT 07:22 2017 Tuesday ,16 May
EAD announces the winners of Al Wathba PhotographyGMT 19:06 2011 Tuesday ,26 April
Renault driver Robert Kubica leaves Italian hospital
GMT 07:29 2017 Wednesday ,15 November
We are working to achieve peace, but we will not impose it
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor