Financial and Banking News

AID FLOWS

IDB Approves $165mn in Loans to 12 Countries

The Board of the Islamic Development Bank (IDB) on 31 October approved loans totaling $165.04mn to finance trade operations, development projects and equity financing in 12 member countries as follows:

 Country Purpose Amount  ($Mn) Jordan Imports of crude oil 20.00 Morocco Imports of crude oil 20.00 Bangladesh Imports of crude oil 20.00 Pakistan Imports of crude oil 35.00 Turkey Imports of crude oil 25.00...