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FINANCIAL NEWS
Iraq to raise USD2bn on global debt markets
02 Oct 2016
(MENAFN) Iraq aims to raise USD2bn on global debt markets to help fill a budget gap made by low oil prices were thwarted this week by the US.
Accordingly, the country seeks to issue USD1bn bond guaranteed by the US in order to lower borrowing costs before issuing another USD1bn.
In addition, funds would complement a three-year USD5.34bn standby loan, which the IMF confirmed in July in exchange for economic reforms.
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08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
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02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
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