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Etihad Airways to seek $600m loan for planes

Etihad to seek $600mn loan for planes copy

Bloomberg Etihad Airways PJSC is seeking a loan of about $600 million to help make initial payments for planes, according to people familiar with the matter. Abu Dhabi’s state-owned carrier is arranging the loan on its own and has reached out to banks that may be willing to provide the unsecured facility with maturity of one or two years, said ...

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Dubai Islamic Bank mulls Noor Bank’s acquisition

Bloomberg Dubai Islamic Bank PJSC, the United Arab Emirates’ biggest Islamic lender, is considering buying Noor Bank PJSC, people with knowledge of the talks said. The bank has held preliminary discussions with Dubai-based Noor Bank’s shareho- lders, said the people, asking not to be identified because the information is private. Discussions are at an early stage and may not lead ...

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ADFD financed healthcare projects worth AED4.1bn

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ABU DHABI / WAM Since 1971 until December 2018, the Abu Dhabi Fund for Development (ADFD), has financed 78 healthcare projects in 16 countries with a total value of AED4.1 billion. The Fund’s interest in healthcare projects reflects its keenness to support international efforts aimed at achieving the UN’s Sustainable Development Goals, directly contributing to Goal Three – Good Health ...

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