Financials and Investment: News for Oil & Gas and Hydrocarbon Industries  Membership Services »
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 >>

Singapore and ARA Stock Movements - July 2015
Singapore >>  8/1/2015 - At the end of May, product stocks in Singapore rose by 3.0 mb for the second consecutive month to stand at 47.8 mb, which was 1.1 mb or 2.3% above the...
Gulfsands Petroleum Provides Funding Update
  United Kingdom >>  7/31/2015 - Gulfsands Petroleum Plc, the AIM listed oil and gas company with activities in Syria, Morocco, Tunisia and Colombia, provides the following update wit...

China Stock Movements - July 2015
China >>  7/30/2015 - The latest information for China showed an increase in total commercial oil inventories of 2.0 mb in May to stand at 411.4 mb, which is around 10.8 mb...
Financing Update and Assignment of Arawak Loan Facility
  United Kingdom >>  7/30/2015 - Gulfsands Petroleum Plc, the AIM listed oil and gas company with activities in Syria, Morocco, Tunisia and Colombia, is pleased to provide the followi...

Gazprom Earmarks Record-Breaking RUB 10.8 billion to R&D
  Russia >>  7/28/2015 - The Gazprom Board of Directors approved the report on the progress in 2014 with Gazprom’s Innovative Development Program until 2020. ...
SBM Offshore Completes $1.55 Billion FPSO Financing Deal
Netherlands/Holland >>  7/27/2015 - SBM Offshore completed the project financing of FPSO Cidade de Saquarema for a total of US$1.55 billion, which is the largest project financing in the...



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 | 13 |

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