Tuesday 02, September 2008 by

Al khaliji and Standard Chartered Bank book runners of $285 million loan facility

Al khaliji, Standard Chartered Bank, The Commercial Bank of Qatar, Mashreq Bank and International Bank of Qatar, have got the job as the underwriters and initial mandated lead arrangers and have been mandated to raise a QR 1.04 billion ($285.6 million) term loan facility for Medina Centrale Company, which is a wholly owned subsidiary of United Development Company. 

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