Monday 12, December 2011 by

$90 million Shari’ah-compliant facility for PIA

The facility was arranged by Abu Dhabi Islamic Bank, Al Hilal Bank, Citibank N.A., and United Bank Limited as Mandated Lead Arrangers and Joint Bookrunners. Clifford Chance and Haidermota & Co. acted as legal counsel to the arrangers. PIA was represented by Mandviwalla & Zafar.

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