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FINANCIAL NEWS
UAE’s Gulf Finance Corp to raise USD163.3m syndicated loan
16 Jun 2015
(MENAFN) Gulf Finance Corp, a subdivision of the Dubai-based Shuaa Capital, is set on raising a total of USD163.3 million through syndicated loans, according to the firm’s Chief Executive, Reuters reported.
Gulf Finance plans to hit the loan market during the period between the third and the fourth quarter, the Chief Executive for the leading provider of financing solutions to SME stated.
The company was founded back in 1997 and now specializes in lending to the power, retail, healthcare, manufacturing and logistics sectors.
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Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
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Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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