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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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HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
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BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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