Middle East Economic Survey
VOL. LIII
No 45
8-Nov-2010
UAE
JBIC And Five Banks Agree To Provide $3Bn Loan To ADNOC
The Japan Bank for International Cooperation (JBIC) and five banks have signed an agreement to provide a loan worth up to $3bn to Abu Dhabi National Oil Company (ADNOC), JBIC announced on 4 November. At the same time JBIC also signed a memorandum of understanding (MOU) to further strengthen the cooperative partnership that it already has with the state-owned oil company. The two...
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