• Saudi Arabia’s Jabal Omar secures deal to restructure $1.25bn loan

    Jabal Omar Development Company, one of Saudi Arabia's largest-listed property developers, has signed a deal to restructure a SAR 4.7-billion ($1.25-billion) loan agreed in 2015, including by increasing it and extending the maturity. The facility, provided by Saudi British Bank (SABB) and Samba Financial Group, will have a draw limit...