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FINANCIAL NEWS
Abu Dhabi’s Arkan wins USD380m credit facility
20 Jun 2012
(MENAFN) Abu Dhabi-based Arkan raised USD380 million loan aimed to help refinancing its maturing debts and funding new projects, Arabian Business reported.
The construction materials firm said that the 78-month credit facility was secured from local lenders, adding that it will generate significant savings in interest cost over the repayment period.
Arkan plans to launch three new business units over the next three years.
Arkan’s current pipeline of projects includes Al Ain Cement Factory, Arkan Lime Plan and Arkan Dry Mortar.
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Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
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BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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