VOL. XXXV
NO. 29
20-APRIL-1992
Financial and Banking News
Regional Financing
Al-Rajhi to Provide $51mn towards Alba Power Station
Riyadh-based al-Rajhi Banking and Investment Corporation is to financecomponents of a $51mn power plant for Aluminium Bahrain (Alba). The deal hasbeen arranged by Gulf International Bank. The financing has been structured toconform to the principles of Islamic banking, which forbids the paying orreceiving of interest. Al-Rajhi is to contract with ABB Kraftwerke and ABB...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!