Middle East Economic Survey

VOL. XLIX

No 5

30-January-2006

SAUDI ARABIA

Yansab To Approach Bank Market For Funding In Mid-FebruarySABIC affiliate, Yanbu' National Petrochemical Company (Yansab) is expected to approach the bank market for funding for its greenfield petrochemical project in mid-February, MEES learns. The term sheet is still being finalized and it is unclear what form the financing will take whether it will include Islamic and export credit agency (ECA) tranches in addition to...