Financials and Investment: News for Oil & Gas and Hydrocarbon Industries  Membership Services Ľ
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals Community | My Account
Products and vendors Services and providers Jobs

Kayan Signed Agreement with Banque Saudi Fransi

Source: www.gulfoilandgas.com 3/20/2011, Location: Middle East

Share |

Saudi Kayan announces that it has signed two billions Saudi Riyal murabaha facility agreement with Banque Saudi Fransi with a tenor up to ten years to fund part of the construction cost overruns of its complex in Jubail industrial city which was declared in the capital market on 25/7/2010. It is worth mentioning that this loan is guaranteed by SABIC, the main shareholder of the company.

The agreement was signed by Mr. Mutlaq Al-Morished, Saudi Kayans chairman and Mr. Saad Ur-Rehman, Banque Saudi Fransi group general manager, head of structured finance division.

Financials and Investment News in Saudi Arabia >>

Nord Stream Wins Platts Global Energy Award for Midstream Industry Leadership
  Switzerland >>  12/12/2014 - Nord Stream AG was honoured with the 2014 Platts Global Energy Award in the Midstream Industry Leadership category last night. The Platts Energy Award...
Cheniere Engages to Arrange the Debt Financing for the Corpus Christi Liquefaction Project
  United States >>  12/12/2014 - Cheniere Energy, Inc. has engaged 18 financial institutions to act as Joint Lead Arrangers ("Arrangers") to assist in the structuring and arranging of...

Oil Market Highlights - December 14
  Austria >>  12/11/2014 - Crude Oil Price Movements
The OPEC Reference Basket finished down $9.49 at $75.57/b in November, a mid increasing supplies and sluggish...

Balance of Supply and Demand - December 14
  Austria >>  12/11/2014 - Demand for OPEC crude in 2014 was revised down by 0.1 mb/d from the previous report to stand at 29.4 mb/d, which is 1.0 mb/d lower than the 2013 leve...

Forecast for 2015 Balance of Demand
  Austria >>  12/11/2014 - Demand for OPEC crude in 2015 was also revised down by 0.3 mb/d to stand at 28.9 mb/d, which is 0.4 mb/d less than the estimated level for 2014. All t...
SOCARís Payments for November 2014
  Azerbaijan >>  12/9/2014 - SOCAR paid AZN 142 million 373 thousand to the State Budget for November of the current year. ...



Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Saudi Arabia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 |

More News

Oil & Gas Projects in Saudi Arabia >>

Oil & Gas Companies in Saudi Arabia >>

Related Links

Countries Quick Links

AE BH IL IQ JO KW LB OM QA SA SY YE
Gulf Oil and Gas B2B marketplace:   About -  Advertising -  Competitive Intelligence -  Talent Solutions -  Membership Services Follow us on Facebook
Copyright © Universal Solutions All rights reserved. Privacy Policy. - Contact Us  Gulfoilandgas rss feed