Financial and Banking News
International Investor Completes Kuwait Airways Financing
Kuwait-based finance company The International Investor (TII) disbursed thefinal tranche of a KD140mn ($465mn) facility to Kuwait Airways Corporation (KAC)on 27 July following the delivery of the seventh and final aircraft in the firststage of the airline's fleet expansion program. TII signed a letter of intentwith KAC in mid-April. An Islamic leasing facility was...