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UAE’s Tabby secures $150mn in debt financing from US-based Atalaya &...

Tabby, MENA’s leading Buy Now Pay Later (BNPL) provider, has secured $150 million in debt financing from US-based investment advisory firm, Atalaya Capital Management...

Saudi NDMC completes $33.3bn borrowing plan for 2021

The Saudi National Debt Management Center (NDMC) concluded the annual borrowing plan proposed by it for the year 2021, with a financing amount of...

ACWA Power secures $1.33bn for Red Sea Multi-Utilities Project

Saudi Arabia-based power plant developer, ACWA Power has closed $1.33 billion senior debt financing for the Red Sea Multi-Utilities Project. The senior debt facility closure...

Saudia secures $3bn financing deal for operational expansion

Saudi Arabia's national carrier, Saudia (formerly known as Saudi Arabian Airlines Corporation) has signed a $3 billion worth deal with six regional banks to...

Rolls-Royce projects slow recovery into 2021; Reports $5.6bn loss

British engine manufacturer Rolls-Royce has reported a worse-than-expected $5.6 billion loss in 2020 as the pandemic stopped airlines flying while holding on to its...
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