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FINANCIAL NEWS
UAE’s TAQA signs USD200 b loan deal
17 Apr 2014
(MENAFN) Abu Dhabi National Energy Co (TAQA) is expected to soon receive a USD200.4 million loan from one of the major international banks, according to Arabian Business.
TAQA plans to refinance an existing obligation through the loan, which was swapped into US dollars.
The company said that funds will be allocated to refinance a portion of a USD1.2 billion bond which is due to mature in September.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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