Financial and Banking News
Emirates Bank Poised To Win Saudi Loan Mandate For Luberef Project
At MEES press time on 24 March, Dubai-based Emirates Bank International (EBI)was set to win the $120mn financing mandate for Luberef, the Saudi lube oilrefining venture. A group of seven Saudi and two regional banks was also bidding for the deal. If EBI is successful, it will be the first time since SaudiArabia restarted its industrialization program in...