Financing Strategies
Angola
The Market Vectors Africa Index Exchange-Traded Fund (ETF) was launched on July 14 by New York-based asset manager Van Eck Global. The new ETF is the latest way for investors to tap...
2008-07-17Tunisia
Alstom, the French engineering company, has been awarded a US$530mn turnkey contract to construct a 400MW combined cycle power plant in Tunisia. The project marks further inroads...
2008-07-03Uganda
On June 16 at the Organization of Islamic Conference (OIC) Business Forum in Kampala, Uganda the formation of the National Islamic Bank of Uganda was announced. The bank will be the...
2008-06-19Saudi Arabia
Saudi Kayan Petrochemical Company has finalised US$6bn in loans to finance some of its costs for its new complex in Saudi Arabia's industrial city, Jubail. The US$6bn consists of...
2008-06-06Kenya
Kenya's leading mortgage lender Housing Finance (HF) has been given approval by the Capital Markets Authority to undertake a KES2.3bn (US$37mn) rights issue. The company, which...
2008-05-15Bahrain
Yemen's Tadamon Islamic Bank (TIB) has received a licence to set up international banking operations in Bahrain. The company has created a subsidiary, Tadamon Capital Bank, which...
2008-05-07United Arab Emirates
Kuwait's Global Investment House, an asset management and investment banking company, announced on April 22 that it will sell 355mn shares to investors. The share sale will raise...
2008-04-25Libya
The head of Libya's National Oil Corporation Shokri Ghanem has stated that Tamoil, the state's oil refining and marketing arm, is looking for strategic investors. The comments, made...
2008-04-24
