Oman raising up to $2bln loan with mostly regional banks - sources
The banks leading the deal are HSBC, Mashreqbank, Gulf International Bank, Bank Muscat and Bank Dhofar
Reuters News - 11-Jan-2021The banks leading the deal are HSBC, Mashreqbank, Gulf International Bank, Bank Muscat and Bank Dhofar
Reuters News - 11-Jan-2021Relocation plan expected to be completed in three phases by October this year
Khaleej Times - 06-Jan-2021System kicks off first payment in UAE dirhams, can handle multiple currencies
ZAWYA - 28-Dec-2020Senior executives of the banks said that the noble move aimed at easing the burden of UAE nationals
WAM (Emirates News Agency) - 30-Nov-2020The award is the latest recognition in a chain of successes for Mashreq
TradeArabia - 30-Nov-2020Sohar International had mandated United Arab Emirates based Mashreqbank on its behalf, to lead and arrange the syndication
TradeArabia - 29-Nov-2020The successful closure of the syndicated loan reflects the confidence of international banks in the Sultanate
Oman Daily Observer - 29-Nov-2020Challenging economic conditions result in higher non-performing loans for Q3
ZAWYA - 22-Nov-2020Cityscape summit hears that Dubai has a knack for fast recoveries, as was seen post financial crisis
ZAWYA - 17-Nov-2020Dubai's biggest bank Emirates NBD coordinated the loan
Reuters News - 15-Nov-2020Refinitiv research team update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).
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Optimism grows that US government stimulus will buoy global economic growth
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