image description
image description

Archives


  • 23-02-15

    Dubai's Enoc close to USD1.5b loan for expansion project

    (MENAFN) Emirates National Oil Company (Enoc) hired a team to work on mergers and acquisitions (M&A) as the firm is set for an overseas expansion, Emirates 24\7 reported.

    In order to fund this project, Dubai-based Enoc is close to agree on a USD1.5 billion long-term loan from a group of local and international banks.

    "The company is very aggressive in its thinking so I would expect them to be doing some significant M&A activity in the near future," one banker said in a statement.

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved