U.K. (White & Case) -- A Q & A with White & Case's Craig Nethercott, Mohammed Al-Sheikh and Christopher Cross
In early March, Saudi Aramco and Sumitomo Chemicals wrapped up financing arrangements for a $9.9 billion petrochemical plant in the coastal city of Rabigh, marking the largest project financing to date in Saudi Arabia. Just as significantly, the funding package also included the largest-ever long-term Islamic finance tranche for any project financing in the Middle East.
But the Rabigh complex is only the latest project in the region to incorporate Islamic financing, underscoring the boom...
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Posted by rjorr at March 28, 2006 6:06 PM