Please wait...
GulfBase Live Support
- Gulf Bank hosts tufting, embroidery workshop for red cardholders
- Bahrain All Share Index marks 1,946.89 points
- Bahrain sees robust pipeline of financial institutions: 16 new financial institutions licensed, 52 in progress
- Qatar Insurance company issues USD 500 million Tier II Bond
- 'Results of QSE listed companies to have positive impact on performance'
- Businesses in Japan opt to renovate aging facilities, not build new ones
- MPHC restructures partnership for salt production facility in Qatar
- Dubai school operator Taaleem moves closer to Dh1 billion in 2024-25 revenue
- Saudi Arabia Pledges $25 Bln Investment to Support Africa
- Gamezop to set up regional headquarters in Bahrain
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
| Ticker | Price | Volume |
|---|
04/07/2025
Gamezop, one of the world's leading gamification platforms, has announced plans to set up its regional headquarters in Bahrain as part of its broader plans to expand into the rapidly growing Middle E
Trade Arabia
04/07/2025
The Central Bank of Bahrain announced a strong wave of financial institution licences from early 2024 to mid-2025, with 16 new institutions approved and 52 licence applications under advanced review.
BNA
04/07/2025
Saudi Arabia on Wednesday announced ambitious plans to scale up its diplomatic and economic presence in Africa, aiming to boost its investments on the continent to more than $25 billion by 2030, as p
Arab News
04/07/2025
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef and Omani Minister of Commerce, Industry and Investment Promotion Qais bin Mohammed Al Yousef launched the second phase of industria
Asharq Al Awsat
04/07/2025
Adnoc's Hail and Ghasha mega-project has met a key development milestone, having completed the "sail-out" and installation of critical offshore facility structures from the NMDC Energy Yard in Mussaf
Trade Arabia
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia