(ME NewsWire)- Leading aviation company GA Telesis, LLC (or the “Company”) announced the closing of a new five year, $225 million ABL credit facility led by HSBC Securities USA and Fifth Third Bank as Joint Lead Arrangers. The company originally sought a new $200 million facility. Due to overwhelming interest from existing and new banks, however, the company upsized the facility with better terms than its previous credit facility.

The"...

Dubai Islamic Bank (DIB), is seeking to expand its operations in East African region following the approval by the Central Bank of Kenya last month.

The lender announced yesterday that it intends to use the Kenyan subsidiary, operating as DIB Bank Kenya, as a launching pad to other EAC countries in an effort to tap into the existing opportunities within the region.

The"...

The WannaCry ransomware made it clear that detecting and patching vulnerabilities of IT systems and conducting thorough network assessments are vital to ensure a company’s data security. Unfortunately, IT departments and managers are routinely swamped with time-consuming tasks and chores, from backing up software to managing systems and applications to repairing computers and tending to user requests.

Enter Managed"...

Through its office in Paris, since 2010, IFAAS has been very actively engaged in the French-speaking countries of North and West Africa. The firm has successfully completed several policy-level missions for a number of governments in the region and conducted many advisory projects for its institutional clients across the French-speaking Africa. The recent developments in the Islamic finance regulatory space across the region, to which IFAAS has significantly contributed with its rare expertise, and a continuous surge in the"...