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- Jazeera Airways to become first carrier at Amman City Airport
- NBB's strategic vision delivers high returns: GCEO
- e& and ZTT complete region's first hollow-core fibre field trial
- Oil Rises as Investors Weigh Outcome of Trump-Zelenskiy Meeting
- Petrojet snaps up $273m EPC contract for Oman gas pipeline
- Kuwaiti developer Mabanee inks $341m Islamic facility agreement
- Saudi Arabia Among Top 10 Investors in Tunisia With Over $375 Mln
- Bahrain's economy grows five-fold over the past two decades
- UAE consolidates its role as a regional debt issuance hub
- Sharjah sets Dh44.5 billion budget for 2026 with focus on jobs and growth
25/06/2013 18:29 AST
Abu Dhabi's Shuweihat 2 (S2) power plant has mandated six banks to help arrange a potential bond issue, lead arrangers said on Tuesday.
BNP Paribas, Citigroup Inc, HSBC Holdings , Mitsubishi UFJ Securities, National Bank of Abu Dhabi and Standard Chartered will arrange fixed income meetings in the United States, Europe, the Middle East and Asia ahead of a potential sale, arranging banks said.
A bond issue which would be open to institutional investors in the United States could follow during the course of 2013, subject to market conditions.
S2 is 54 percent owned by Abu Dhabi National Energy Co (TAQA). Abu Dhabi Water and Electricity Authority holds a 6 percent stake.
The remaining shareholding is split between a 20 percent stake held by France's GDF SUEZ, and a 10 percent ownership each by Marubeni Corporation and Osaka Gas Co.
CPI Financial
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30/12/2025
Petrojet, a key Egyptian oil & gas EPC (Engineering, Procurement, Construction) contractor with a significant presence in Abu Dhabi, has announced that it has won a EPC contract worth $273 million to
Trade Arabia
30/12/2025
Saudi investments in Tunisia have gathered momentum over recent years, placing the kingdom among the country's top 10 foreign investors, with cumulative investments surpassing $375 million by the end
Asharq Al Awsat
30/12/2025
Bahrain's sustained economic growth over the past two decades stands as a key national achievement within the kingdom's broader development journey, under the leadership of His Majesty King Hamad bin
Trade Arabia
30/12/2025
The UAE has emerged as the Gulf's most dynamic and resilient fixed income hub, steadily consolidating its position through another year of strong issuance activity in 2025, a report showed.
Khaleej Times
30/12/2025
Sharjah has approved a Dh44.5 billion general budget for 2026, setting out a measured but expansive spending plan that prioritises infrastructure, economic competitiveness and social stability, while
Gulfnews
Financial Information Co.
Saudi Arabia