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FINANCIAL NEWS
Dubai’s DP World gets USD3b loan
16 Jul 2014
(MENAFN) DP World, one of the world’s largest port operators, has signed a USD3 billion-worth loan deal to improve terms on its debt, according to Arab News.
Two sources aware of the matter said that the new facility will be divided into two loans; a USD2.39 billion conventional loan, and a USD610 million Shariah-compliant tranche.
The new deal, which was signed on June 30 according to the sources, replaces an existing USD1 billion deal that was due to mature in 2018 and had already been renegotiated once to add a year to the lifespan.
More News
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HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
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BBK discloses its financial results for the half year ended 30th June 2025
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
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