9.19.2011

$ 287 million value of the deals financed by the Arab Trade Financing Program

Issued the Governing Council of the Arab Trade Financing approval of 68 applications from Arab countries during the second quarter of this year to fund a variety of business deals worth a total of $ 287 million, according to KUNA reported. The total amount of funding, which approved the program to be provided to national agencies in all Arab countries since the start of operations in 1991 was $ 8.5 billion. The program was reviewed during the meeting of the 87 in the headquarters under the chairmanship of Chief Executive Chairman Dr. Jassim Al Mannai finance activity during the second quarter of 2011 and discussed the activity of other commercial services provided by the program for exporters and importers in the Arab countries in addition to the latest developments of the work information network of Arab trade

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