Monday, October 21st, 2024

Pakistan raises $500 million


28 July 2019  

Time taken to read : < 1 Minute


  • A
  • A
  • A

DUBAI: The Pakistan government has raised a total of $500 million through an Islamic syndicated loan offered by a consortium of 12 banks, the Pakistan government has said.

The loan, which has been coordinated by Emirates NBD Capital, was 40% oversubscribed, international media reports have said.

The lenders includes Emirates NBD, Commercial Bank of Dubai, Allied Bank, Noor Bank, First Abu Dhabi Bank, Dubai Islamic Bank, Sharjah Islamic Bank, Mashreq Bank, Bank of Jordan, Samba Financial Group, Union De Banques Arabes Et Francaises, and Habib Bank Limited. (Agencies)

Publish Date : 28 July 2019 18:06 PM

IFRC continues support to flood-hit communities in Nepal

KATHMANDU: The International Federation of Red Cross (IFRC) said that

Tea worth Rs 1.71 billion exported in first quarter

BHADRAPUR: The export of tea in the first quarter of

Gold price reaches Rs 165,600 per tola in Nepali market

KATHMANUD: In a notable shift, the price of gold in

PM Oli calls Cabinet meeting

KATHMANDU: Prime Minister (PM) KP Oli has called a cabinet

No Country for Political Youth

At least 50 percent of Nepal’s population is 25 years