News
12 June 2019

Enoc taps Chinese banks for corporate loan

In:
Oil & gas
Region:
Middle East & Africa

Emirates National Oil Company (Enoc) has raised a $690 million loan from a consortium of Chinese banks. Proceeds will be used for general corporate purposes – Enoc plans to invest AED2.2 billion ($600 million) to expand its retail petrol network in the UAE and Saudi Arabia to meet rising...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Interview
03 August 2026

Africa export finance fires on all cylinders with Citi’s...

Richard Hodder, head of export finance at Citi, outlines Citi’s Africa export finance strategy, discusses the evolution of ECA shopping lines in Europe and changes at US Exim....

Perspective
07 August 2026

Asia export finance: More grey than green

Asia’s export finance market is open and institutionally committed — but quieter on volume, stricter on content, and leaning on LNG and strategic supply chains rather than a...