Middle East Economic Survey


No 12


Dolphin Close To Securing $1Bn Bridge Facility, Islamic Banks To Play Major Role

Dolphin Energy Limited is seeking to tap $1bn for a proposed bridge financing facility in the next few weeks, MEES learns. Islamic banks look set to play a major role and there has even been talk of structuring the entire facility on an Islamic basis, assuming the economics are compelling, MEES further learns. If so, it could represent the largest Islamic...