Middle East Economic Survey
QAPCO Secures $200Mn Murabaha Facility From Qatar Islamic Bank
Qatar Petrochemicals Company (QAPCO) signed an agreement to receive a $200mn Murabaha facility from Qatar Islamic Bank (QIB) on 10 August, QIB announced. The facility will finance QAPCOs new LDPE-3 (low density polethylene) project and related operations. It is being built by Germanys Uhde, which inked the deal to provide engineering, procurement and construction (EPC)...