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OPEC Fund to provide $30mn loan to support agribusinesses in Paraguay

Austria-based intergovernmental development finance institution, OPEC Fund for International Development (OFID) has signed a $30 million loan agreement under its Food Security Action Plan...

Bahrain’s NBB inks auto finance agreement with Euro Motors

Bahrain’s first locally-owned bank, National Bank of Bahrain (NBB) has signed a Memorandum of Understanding (MoU) with the region’s leading automotive dealership company Euro...

Saudi Arabia & Pakistan to discuss extending term of $3bn loan

Saudi Arabia and Pakistan will discuss extending the terms of a $3 billion loan in order to help Islamabad's struggling economy. The statement came after...

Central Bank of Bahrain defers loan installments for extra 6 months

The Central Bank of Bahrain (CBB) has ordered all retail banks and financing companies to defer loan installments by six more months to the...

Saudi Aramco’s Wa’ed backs Amad Chemicals with $1.3mn loan

Wa'ed, the investment arm of state-owned oil giant Saudi Aramco, has approved to grant a $1.3 million loan to Amad Chemicals Company, one of...

OPEC Fund inks loan pact to support agro-related SMEs in Paraguay

Austria-based intergovernmental development finance institution, OPEC Fund for International Development (OFID) has signed a $30 million term loan agreement with Banco Regional of Paraguay...

UAE-based Emirates Global Aluminium refinances $5.5bn corporate facility

UAE-based largest premium aluminum producer, Emirates Global Aluminium (EGA) has refinanced $5.5 billion of corporate debt, deleveraging and improving repayment terms to reduce costs. Further,...

OPEC Fund provides $70.5mn loan to tackle COVID-19 socio-economic impact in...

Austria-based intergovernmental development finance institution, OPEC Fund for International Development (OFID) has signed a $70.5 million worth loan agreement with Jordan to help alleviate...
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