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23 January 03:37 AM

US’ Hilco Redevelopment Partners buys $240m refinery in Philadelphia

Mubasher: American real estate developer Hilco Redevelopment Partners has sealed a $240 million deal to buy the Philadelphia Energy Solutions oil refinery.

China likely to further pressure global LV sales in 2020
Kia Motors to invest $25bn in EV development by 2025
Facebook to create 1,000 jobs in London this year
GlobalData sees positive outlook for construction industry in 2020
Finastra's solutions cover 90% of banks’ needs
Interview: We look to repeat Finastra Egypt Digital Trade Forum – Serge Tohme
Tunisia Arab Global Commodities
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Last Update: 22 January 02:10 PM
Latest News
US’ Hilco Redevelopment Partners buys $240m refinery in Philadelphia Global Reports
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China likely to further pressure global LV sales in 2020 Global Markets brief
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Photo Archive
Aramco agrees LNG sale to S-Oil Companies Investments
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Photo Archive
Mubadala Petroleum completes farmout in 2 Indonesian blocks Companies Investments
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Kia Motors to invest $25bn in EV development by 2025 Global Reports
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Facebook to create 1,000 jobs in London this year Global Reports
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New EU rules pose challenge for car manufacturers - GlobalData Global Reports
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GlobalData sees positive outlook for construction industry in 2020 Global Reports
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Hong Kong’s card payments may top 1bn in 2020 -GlobalData Currencies
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Finastra's solutions cover 90% of banks’ needs
Interview: We look to repeat Finastra Egypt Digital Trade Forum – Serge Tohme Banking and Finance
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Mubasher Exclusive
Finastra's solutions cover 90% of banks’ needs
Interview: We look to repeat Finastra Egypt Digital Trade Forum – Serge Tohme Banking and Finance
Iron prices have dropped by EGP 300 per tonne since the beginning of the week
Iron prices to further decline as EGP levels up Macroeconomics
Bahrain launched Cloud First Policy in 2017
Pakiza Abdulrahman: Gov’t leads cloud adoption in Bahrain; private sector is following – Interview Sector Reports
Pakiza Abdulrahman, Manager of Business Development for Startups at EDB
Pakiza Abdulrahman: We encourage Egyptian startups to set up in Bahrain – Interview Global Economy
Vera Futorjanski during a panel at RiseUp Summit 2019
Vera Futorjanski: Startups must focus on solving local challenges – Interview Sector Reports
Credit Agricole is still developing SMEs portfolio and getting some resources
Antoine Paliard talks fintech innovation, startup contests – Interview Global Economy
Mohamed Okasha, Managing Director of Fawry
Interview: Fawry will use blockchain technology – Mohamed Okasha Global Economy
Mohamed ElKasstawi as a speaker during RiseUp Summit 2019
ElKasstawi: Stock markets, gov’t can boost performance via digital money – Interview Banking and Finance
Tribal Credit recently closed a $5.5 million Seed round
How startups benefit from blockchain at Tribal Credit – Interview with Mohamed ElKasstawi Companies Investments
Sawiris set the mastering plan for Andermatt
Except for El Gouna, all projects came by coincidence – Samih Sawiris in RiseUp Global Economy
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Islamic Finance
Mumtalakat’s CEO Khalid Al Rumaihi
Mumtalakat receives $4bn orders for $500m sukuk Sukuk and Islamic Finance
The Murabaha facility agreement was signed in June 2019
Alafco recieves last tranche of $600m Murabaha facility Sukuk and Islamic Finance
Order books were oversubscribed 2.5 times, exceeding $750 million
GFH raises $300m in Sukuk issuance; oversubscribed 2.5 times Banking and Finance
Talaat Moustafa Group logged net profits of EGP 1.37 billion in nine months
Talaat Moustafa Group to issue sukuk in April Sukuk and Islamic Finance
The board's decision was approved by circulation
Gulf Navigation’s board agrees on AED 125m Sukuk issue Companies Investments
The Sukuk issuance will have a tenor of five years
GFH confirms Reuters news on $500m Sukuk issue Sukuk and Islamic Finance
Sukuk proceeds will be used to acquire real estate assets in Europe
First asset-backed SAR 1bn Sukuk launched in Saudi Arabia Companies Investments
Mumtalakat is set to hold meetings with investors
Bahrain’s SWF hires banks for USD-dominated sukuk issuance Banking and Finance
Saudi Capital Market Authority
CMA approves Alinma Saudi Government Sukuk ETF Fund Trading Activities
GFH is a Bahrain-based company listed on 3 markets
GFH shareholders nod to $500m Sukuk issue Corporate Actions
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Arab Markets
Discussions are at an early stage
FAB in talks to acquire Bank Audi’s unit in Egypt Banking and Finance
Egypt tops Arab countries attracting Emirati investments
Emirati investments in Egypt exceed AED 26.5bn Macroeconomics
AOI logo
AOI signs MoUs with Romanian companies Companies Investments
The bank’s SMEs portfolio reached EGP 3bn
Banque Misr considers investing EGP 4bn in SMEs over 6M Banking and Finance
The United Bank's chairman, Ashraf El Kady
United Bank guarantees EGP 305m securitisation deal for MNHD Banking and Finance
Mumtalakat’s CEO Khalid Al Rumaihi
Mumtalakat receives $4bn orders for $500m sukuk Sukuk and Islamic Finance
The project is slated for delivery in 2023
Namaa for Development launches EGP 2bn project in New Administrative Capital Companies Investments
Companies will benefit from a variety of banking services
Ajman Free Zone inks MoU with Mashreq Bank Companies Investments
Exports soar 107% YoY in 12M
EFIC’s unit exports $29m goods in 2019 Companies Investments
US’ Hilco Redevelopment Partners buys $240m refinery in Philadelphia Global Reports
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International Markets
Uber, Hyundai team up to launch future Uber Air Taxis
The 2010s sets foundations for major breakthroughs in technology
Oil futures end 89 cents higher on Friday
Gold levels up $9 at Friday’s end, records weekly gain
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