Norway opens $1bn credit line to IranNorway has opened a $1 billion credit line for Norwegian companies’ exports to Iran, a senior official said in a report. Norway’s Foreign Minister Borge Brende said that about $400 million of that credit line has been More… |
IMF expands Mexico credit line to $88bnThe International Monetary Fund on Friday boosted its flexible credit line with Mexico to $88 billion in a bid to support Latin America's No. 2 economy, whose currency has been battered by global volatility. The fund said it c More… |
Syria ratifies fresh $1 billion credit line from IranSyrian President Bashar Al-Assad signed a law ratifying a $1 billion credit line from top regional ally Iran, Syria's state news agency SANA said on Wednesday, funds which will help ease economic strains from the costly war. T More… |
Syria eyes new $1bn credit line from IranSyria hopes to receive a new credit line from Iran worth around $1 billion which it will use to buy basic goods, an assistant to Syria's minister of economy and foreign trade said on Wednesday. The comments come a day after Al More… |
IMF agrees on $5bn credit line for MoroccoThe International Monetary Fund said on Monday it will provide Morocco a $5 billion credit line to help the North African country pursue a reform agenda to achieve rapid and more inclusive economic growth. Morocco's central ba More… |
EDB Bank gets $20m credit lineAbu Dhabi's Arab Trade Financing Programme has extended a $20 million line of credit to Egypt's Export Development Bank (EDB) to finance Egyptian export activities, Egypt's trade ministry said on Thursday. The deal comes as the More… |