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Bahrain s nogaholding closes $1 6bn Murabaha facility refinancing

Bahrain s oil, gas holding company nogaholding has refinanced a $1.6 billion Murabaha facility and upsized it to $2.2 billion. The facility was structured as a dual-tranche sustainability-linked loan based on a SOFR with September 2026 as maturity date.

ADGM Academy, Mashreq to set up banking education hub

Abu Dhabi Global Market Academy and Mashreq have signed an agreement for the development of a banking educational hub within the ADGM premises. It will become an education and employment conduit to recruit and train competent UAE national employees.

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