Tuesday 20 November 2018
 
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Iraq bank, Commerzbank sign $115m loan deal for SMEs

Trade Bank of Iraq (TBI) has signed a Basic Loan Agreement for financing loans with Commerzbank to support small and medium sized projects in Iraq. The Loan Agreement was signed at the back of TBI being approved by Germany’s

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Iraq bank, Commerzbank sign $115m loan deal for SMEs

Trade Bank of Iraq (TBI) has signed a Basic Loan Agreement for financing loans with Commerzbank to support small and medium sized projects in Iraq. The Loan Agreement was signed at the back of TBI being approved by Germany’s

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Bank Sohar closes $250m syndicated loan facility

Bank Sohar has closed a $250 million three-year syndicated loan facility in a move to extend financing solutions for Oman’s consumer and business segments.    The facility was raised part of the bank&r

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Etihad offers to loan pilots to Emirates: report

Etihad Airways plans to allow its some of its pilots to join rival Emirates on a temporary basis for two years, a report said. Emirates is currently facing a pilot shortage, said the Reuters report. Its management had said the sho

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ADFD approves loan for Irena solar PV projects

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has announced that $25 million in concessional loans has been earmarked for two solar PV projects being recommended by the International Renewable Energy A

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ADFD approves loan for Irena solar PV projects

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has announced that $25 million in concessional loans has been earmarked for two solar PV projects being recommended by the International Renewable Energy A

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Emaar, Dubai Properties in talks for $1.1bn loan

Emaar Properties, a leading Dubai-based developer, is in discussions with banks to obtain a loan facilities in partnership with another major developer Dubai Properties, reported Reuters, citing sources. Discussions are t

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Egypt water project wins $42m Kuwait funding

The Kuwait Fund for Arab Economic Development, (KFAED) on Sunday signed a loan agreement with Egypt worth KD12.5 million ($42.5 million) to fund a project that will provide drinking water in the Sinai Peninsula. The project is tar

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Egypt water project wins $42m Kuwait funding

The Kuwait Fund for Arab Economic Development, (KFAED) on Sunday signed a loan agreement with Egypt worth KD12.5 million ($42.5 million) to fund a project that will provide drinking water in the Sinai Peninsula. The project is tar

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Egypt inks $2bn IMF loan agreement

Egypt government has reached a staff-level agreement with the International Monetary Fund (IMF) for an installment of about $2 billion more from a three-year, $12 billion loan programme to push through its ambitious economic reforms under the lo

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