Airbnb gets $1 billion debt facility to fund expansion
Apartment-sharing startup Airbnb Inc has secured a $1 billion debt facility from some big U.S. banks to aid its new…
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facility
Three dead, dozens injured in blast at chemical plant in Mexico
A massive explosion rocked a major petrochemical facility of Mexican national oil company Pemex in the Gulf state…
Afreximbank pledges $1.7 billion facility to Egypt in H1
The African Export-Import Bank (Afreximbank) is to secure around $1.7 billion facility to Egypt in the first half…
Egypt’s National Bank approves lending food maker Edita $12.7mn
The National Bank of Egypt has approved to provide a credit facility worth 100 million Egyptian pounds (US$12.7…
Intel may invest up to $5.5 billion in China facility
Intel Corp said it may invest up to $5.5 billion in the coming years to expand its manufacturing capacity for…
ARECO, Z-One open PV module facility in Egypt, plan 100 MW project
The Arab Renewable Energy Company Organization (ARECO) and Z-One Holding FZCO have announced joint solar plans in…
OCS Launches its First Business in Middle East
Britain's largest family-owned international facilities services company OCS Group Ltd has launched its first…
Arabtec Wins Contracts in UAE and Qatar
Arabtec Holding said one of its units won contracts valued at Dh504 million in the UAE and Qatar. Target…
Stronger Demand for Warehouses and Logistics in UAE
There is strong demand for high-quality warehouses and logistics facilities in the UAE and occupiers are seeking…
Cyber Attack Hits Iran’s Oil Network
Iran was investigating a suspected cyber attack on its main oil export terminal and on the Oil Ministry itself,…
