Dubai / Emirates Business Cityland Group on Tuesday announced a major financing milestone for the $330 million flagship retail project — Cityland Mall — from a consortium of banks consisting of Emirates NBD as the lead bank and Burgan Bank from Kuwait. The loan, which totals $142.74 (AED524mn) million in value, will be utilized for covering the ongoing project cost …

Bloomberg A US appeals court rebuked the Environmental Protection Agency for unilaterally suspending Obama-era methane emissions regulations while the regulator reviewed the rule. The Washington-based panel’s 2-1 majority called the EPA’s move both unauthorized and unreasonable. It granted a request from six environmental groups to allow the rule to remain in place. The decision is the latest blow to the …

Bloomberg Chad is seeking to delay repayment of more than $1 billion of Glencore Plc-led oil-for-cash loans after crude prices plunged, the second time the African country has looked to restructure the debt in two years, according to people familiar with the matter. Glencore has approached the banks that supported the deal to start talks, while Chad has already appointed …