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 15:23 2018 Thursday ,30 August
School bus safety to be enhanced under new transport master plan
GMT 19:57 2018 Tuesday ,23 January
Farm-fresh from Kerala to the UAE, in just one day
GMT 01:01 2017 Sunday ,11 June
Qatari banks brace for cash crisis
GMT 11:37 2017 Wednesday ,06 December
Spain drops European arrest warrant for sacked Catalan leader
GMT 07:35 2017 Tuesday ,07 November
French chef’s twist on haute cuisine
GMT 08:32 2015 Wednesday ,12 August
LinkedIn: UAE remains global leader in attracting talentGMT 12:03 2012 Tuesday ,07 February
Temperature in UAE to rise gradually
GMT 17:05 2016 Thursday ,16 June
Soldier in Ugandan capital kills seven people, injures one
GMT 13:02 2017 Wednesday ,01 November
H.H. Amir tasks Sheikh Jaber to nominate cabinet members
GMT 23:34 2017 Sunday ,02 July
Indian embassy thwarts 700 bogus job offers
GMT 04:53 2016 Thursday ,22 December
Trial of 48 MB members over death
GMT 23:08 2017 Monday ,29 May
Algerian parliamentarian pledges to raise issues of fresh graduates
GMT 13:57 2017 Monday ,06 November
UAE Cricket to play Zimbabwe A Team in 50-over match
GMT 13:45 2017 Thursday ,12 January
It is not about money, but PR power
GMT 13:20 2018 Tuesday ,09 January
Most sea turtles now female in north Great Barrier Reef
GMT 05:23 2013 Wednesday ,19 June
Product Review: The Body Shop aloe calming facial cleanser
GMT 09:25 2017 Thursday ,19 October
Smithsonian launches drive for major hip-hop anthology
GMT 08:16 2017 Sunday ,10 September
Top luxury and performance in a compact body
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