World Bank backs Iraq’s rail revamp with USD 930 mn
The project dovetails neatly into Iraq’s Development Road project, which aims to connect Iraq’s southern Grand Faw Port to Turkey’s…
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The project dovetails neatly into Iraq’s Development Road project, which aims to connect Iraq’s southern Grand Faw Port to Turkey’s…
A USD 212 mn loan agreement was signed for the 72-km road project
The credit facility has an 18-month tenor with the option to extend
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The facility has a three-year tenor with certain extension options.
QNB led the transaction, acting as book runner, global coordinator and lead arranger.
The loan would be used for general corporate purposes and assist future financing requirements
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