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FINANCIAL NEWS
Dubai’s ENOC acquires USD 320mn loan from China
15 Jun 2016
(MENAFN) Emirates National Oil Co. (ENOC) has obtained a USD 320mn loan from the Industrial and Commercial Bank of China.
Additionally, the loan is part of the firm’s funding strategy which was organized at competitive and flexible terms.
Moreover, the loan will boost the contribution of the state-owned company to UAE’s and Dubai’s economic development.
On the other hand, ENOC revenues grew by 45 percent over the last five years, reflecting strong operational and sales performance.
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08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
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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
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