UAE's Federal Tax Authority issues warning about VAT scam
Refunding taxes 'is a direct transaction between the registered business and FTA', authority spokesperson says
Sharjah's United Arab Bank to offer 100% financing for Emirati homes
25-year financing to be offered as part of Mohammed Bin Rashid Housing Establishment's Al Yusr
Citi advises Averda on extension of $181m term loan in Dubai
Nine international and regional banks, including HSBC, Standard Chartered, and Bank ABC Islamic participated in
Kuwait's Alargan Int'l Real Estate signs $218m bank facilities contract
Of the total amount, $36.2m will be used to fund projects by the developer behind
Arada joins Dubai Islamic Bank as Aljada, Nasma hit sales records
Home sales within Aljada and Nasma Residences pass 4,000 units as chairman Sheikh Sultan commends
Saudi Binladin Group said to seek advisors for $30bn debt restructure
The Saudi Arabian contractor has issued RFPs to international advisors to reorganise $20-30bn of debt,
Wow Red, Dubai Islamic Bank ink SLS Dubai Hotel & Residences deal
Finance plan offering half-payment during construction and 0% cost post-handover launched to 'stimulate investment'
Kadi Group, AIB Bahrain agree finance for $58m Burj Kadi tower
Al Baraka Islamic Bank (AIB Bahrain) to provide home finance for buyers of under-construction 40-floor

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Construction Week - Issue 765
Jun 29, 2020