loan

Saudi Arabia’s money supply saw an annual increase of 7.44 percent in November 2023 as it reached SR2.67 trillion ($712 billion), according to the Kingdom’s central bank. Bank loans surged to SR2.59 trillion, marking a 10.14 percent…
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French President Emmanuel Macron witnessed the signature of a deal Monday to facilitate loans to Bangladesh aimed at infrastructure development, as well as a letter of intent to provide the South Asian country with an earth observation…
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The World Bank has unveiled a new $18 billion loan package for Turkiye in what appears to be a show of support for the government’s efforts to reshape its economic policy. The deal, which comes on top of a $17 billion loan signed off by…
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Japan’s Prime Minister Fumio Kishida and Egypt’s President Abdel-Fattah El-Sisi have discussed a loan of up to $732 million (100 billion yen) to support a new project named the Greater Cairo Metro Line. Hiroshi Oka, ambassador…
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Tunisia’s largest union has attacked the government’s handling of negotiations with the IMF on a loan to bail out the North African country as it slides deeper into debt. Tunisia is seeking a bailout package worth nearly $2 billion from…
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Swiss bank Credit Suisse said it will move to shore up its finances, borrowing up to $54 billion from the central bank after its shares plunged, dragging down other major European lenders in the wake of bank failures in the US, according to…
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Pakistan and Saudi Arabia this week agreed to put a $1.2 billion Saudi oil facility into operation at the “earliest,” allowing Islamabad to defer payments for oil imports that economic experts hope will help stave off a current account…
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Newcastle United completed the signing of Aston Villa defender Matt Targett on Monday and confirmation of the capture of Dan Burn was believed to be imminent. Targett joins United on an initial loan deal until the end of the season. He…
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Jabal Omar Development Co., got the Saudi ministry of finance approval to restructure the company’s remaining loans worth SR3 billion riyals, it said in a filing. The restructuring deal includes the conversion of SR1.5bn of the total…
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Iraq restarted talks with the International Monetary Fund (IMF) after previously halting efforts to secure aid, the country’s finance minister Ali Allawi told reporters on Thursday, according to Bloomberg. Talks between both parties…
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