United Arab Bank (UAB) has closed of a $120 million credit facility for Aegean Oil Terminal Corporation, a New York Stock Exchange subsidiary of Aegean Marine Petroleum Network Incorporated (AMPNI). The credit facility marks the first syndicate lead for UAB…
Day: December 21, 2015
Qatar budget deficit in line with expectations
The deficit of QR 46.5bn ($12.8bn) envisaged inQatar’s 2016 budget reflects the impact of lower oil prices but remains in line with most expectations, analysts say. It will amount to about 5 per cent of Qatar’s forecast GDP in 2016.…