Middle East Economic Survey

VOL. LIII

No 18

03-May-2010

SAUDI ARABIA

Project Financing Moves Into A Higher Gear In Saudi Arabia

Energy and natural resources financing activity has stepped up in Saudi Arabia, with the launch of new deals while those that were launched late 2009 and early this year are nearing completion. The Saudi Arabian Mining Company (Ma'aden) and US aluminum giant Alcoa have approached lenders to seek funding for their aluminum project in the Kingdom, the first stage of which...