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21 January 11:04 AM

Part of the facility has a 3-year term
Agility raises credit facility with local, international banks to KWD 240m

Mubasher: Agility Public Warehousing has inked a credit facility agreement with local, regional, and international banks to refinance and increase its credit facility line to KWD 240 million ($800 million) from around KWD 219 million ($725 …
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Kuwait Arab Global Commodities
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SAGO offers tender to buy 480K tonnes of feed barley Commodities
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Part of the facility has a 3-year term
Agility raises credit facility with local, international banks to KWD 240m Companies Investments
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Biden to be sworn in as US president on Wednesday Global Reports
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Bahrain expected to raise $2 billion in bond sale Global Reports
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Britain’s inflation starts climb as Covid, Brexit effects combine Global Reports
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EFG Hermes came in second ranking on the ADX
EFG Hermes tops brokerage firms in Egypt, Kuwait, Dubai, Kenya
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Bank of America sees lower profits in Q4-20 Global Reports
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Tesla starts delivering first Shanghai-made Model Y crossovers in China Global Reports
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Islamic Finance
The Sukuk issuances were divided into two tranches.
Saudi MoF closes January issue of local Sukuk Program at SAR 2.95bn Sukuk and Islamic Finance
Each of the minimum subscription value and Sukuk par value amounts to $200,000.
NCB starts issuing USD-denominated Additional Tier 1 Sukuk Banking and Finance
The Sukuk offering end date is 9 February 2021.
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The potential offer aims is to strengthen the bank’s capital base.
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The issuance of the Sukuk is managed by EFG Hermes
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Arab Markets
The bank’s authorised capital will also be raised to EGP 10 billion
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Part of the facility has a 3-year term
Agility raises credit facility with local, international banks to KWD 240m Banking and Finance
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International Markets
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