The Islamic republic's supreme leader Ayatollah Ali Khameni has been transferred to a secure location, sources say
Khaled Al Aboodi, CEO and general manager of ICD, and Abdurrahman Omar Al Amoudi, deputy president of Midroc Al Amoudi Group, signed the deal at the bank’s headquarters in the presence of high-ranking officials of the Government of Yemen and syndicating banks.
Mohammed Hussain Al Amoudi, owner of Midroc Oil and Gas Sector Companies, said that the project, which employs around 300 people, has a total capacity of one million tonne per annum.
ICD is acting as the lead arranger of a $120 million Ijara facility for financing the equipment of the project, which will be located at Aden Free
Zone, Yemen.
The syndicating banks include Europe Arab Bank, the Arab Fund for Economic and Social Development, Opec Fund for International Development and Boubyan Bank.
habib@khaleejtimes.com
The Islamic republic's supreme leader Ayatollah Ali Khameni has been transferred to a secure location, sources say
Haddad, a project to enhance security of the Emirates' water areas, is the first-of-its-kind in the region
A Dh50,000 fine was also imposed on the impounded vehicles
Both Israeli and US media reported that Hezbollah's leader Hassan Nasrallah was the target
The event will spotlight 104 young golfers aged 11 to 18, all eager to showcase their skills on the newly enhanced back nine at Arabian Ranches
This comes after Israel military claimed on Saturday that it killed the militant group's chief
No casualties were reported and employees were sent home for the day
The hot season ended with the autumn equinox being observed on September 22