Tuesday 10, April 2012 by Robin Amlôt

BMCE signs MoU with Royal Ranches Marrakech

Royal Ranches Marrakech (RRM), a flagship project of Bahrain-based Islamic investment bank, Gulf Finance House (GFH), has signed a memorandum of understanding (MoU) with the consortium of banks led by Banque Marocaine de Commerce Exteriur (BMCE) to receive the second tranche of an existing facility to resume works on the development.

Features & Analyses

Economics IMF updates on Iraq economy

Recent macroeconomic developments have been broadly positive in Iraq. Economic growth in Iraq reached 8.4 per cent in 2012 and… read more