Business Blog

Kuwait-based real estate developer Al Mazaya Holding has restructured part of its debt into a six-year 12 million dinars (USD 42.6 million) Islamic facility extended by a bank consortium, the company said in a bourse statement on Tuesday.

Kuwait-based real estate developer Al Mazaya Holding has restructured part of its debt into a six-year 12 million dinars (USD 42.6 million) Islamic facility extended by a bank consortium, the company said in a bourse statement on Tuesday.

Kuwait-based real estate developer Al Mazaya Holding has restructured part of its debt into a six-year 12 million dinars (USD 42.6 million) Islamic facility extended by a bank consortium, the company said in a bourse statement on Tuesday.

Kuwait-based real estate developer Al Mazaya Holding has restructured part of its debt into a six-year 12 million dinars (USD 42.6 million) Islamic facility extended by a bank consortium, the company said in a bourse statement on Tuesday.

DAMAC Hotels, the hospitality arm of DAMAC Properties, has officially launched the first fully certified Shariah-compliant serviced hotel apartments in Dubai during the Arabian Travel Market (ATM) exhibition held recently.

Saudi Telecom Co. has established a 5 billion riyals (USD 1.33 billion) riyal denominated sukuk programme, it said in a bourse statement on Wednesday.