Monday 20 October 2014

URC secures $80m loan for Amman mall

United Real Estate Company (URC), a leading real estate development company in the Mena region, said it secured a $80 million long term loan from the European Bank for Reconstruction and Development (EBRD) for its Abdali Mall project.


3 countries get EBRD 'Arab Spring' funds

  Europe's development bank announced its first investments in Morocco, Jordan and Tunisia on Tuesday and said it was preparing to invest up to 200 million euros ($262 million) by the end of the year in the region.


EBRD to attract $10bn into N Africa, Jordan

The European Bank for Reconstruction and Development (EBRD) hopes to attract investment of 7.5 billion euros ($9.77 billion) a year into North Africa and Jordan, its president said. The EBRD, set up by governments in 1991 to support the ex

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