Business Blog

Ali Al-Obaidli, Ezdan CEO said, "Aside from being the first 100% Islamic finance transaction internationally syndicated for a Qatari corporate and

Barwa Bank, Qatar's fastest growing Shari'ah compliant banking service provider, is the initial mandated lead arranger for Ezdan Holding Group's first tranche of its USD500m debut syndication which closed on Monday, March 24, 2014.

ISTANBUL, March 27 (Reuters) - A consortium building a motorway between Gebze and Izmir in western Turkey plans to sign a $600 million loan accord with eight banks for a section of the road in April, consortium leader Nurol Holding&aposs chief financial officer said on Thursday.A consortium of Nurol, Italy&aposs Astaldi AST.MI , Ozaltin Makyol, Yuksel and Gocay Insaat won the 22-year operating rig

The Islamic Development Bank (IDB) has approved USD515.6 million to fund socioeconomic development projects in member countries and Muslim communities in non-member countries, including USD1 million for refugees of Central African Republic (CAR).

Morocco's oil refiner Samir has received an Islamic murabaha syndicated loan of USD 240 million from the Islamic Development Bank (IDB) to finance crude oil imports, it said.

* US trade chief says Ukraine shows rationale for deal * Eight months into trade talks, EU and US seek momentum * Obama, EU leaders to hold summit next week By Robin Emmott BRUSSELS, March 22 (Reuters) - Russia's annexation of Crimea underlines the...