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FINANCIAL NEWS
Arabtec JV approves USD283m to fund Bahrain airport revamp
14 Jul 2016
(MENAFN) Contractors working on Bahrain International Airport have raised USD283.6 million in financing to support their work on the modernisation of the airport.
In detail, the facility covers the bonding and working capital requirements of the joint venture completing the work, according to a statement from Mashreq which arranged the facility.
Moreover, the joint venture includes Dubai-listed Arabtec Holding and Turkey’s TAV Construction (TAV), which was appointed to complete the main work for the USD1.1 billion expansion project in January.
More News
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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