The Abu Dhabi Fund for Development (ADFD) has entered into a financing agreement with the Gulf Cooperation Council Interconnection Authority (GCCIA) to enhance the connectivity of the Gulf Cooperation Council (GCC) power grid. The agreement is valued at AED752 million and aims to support the development and expansion of energy infrastructure within the region. This...
Riyadh, Saudi Arabia: Areeb Capital, a leading real estate fund management company, has announced the signing of a significant financing agreement with the Saudi National Bank (SNB) valued at SAR 5.8 billion. This agreement aims to bolster Areeb Capital’s financing capabilities for its ambitious investment projects within the Saudi real estate market. The deal marks...