ISLAMIC FINANCE

Jordan secures $100mln loan from Islamic Bank for Development May 21, 2017

The Islamic Bank for Development has given the green light to a $100 million soft loan to Jordan, the Ministry of Planning and International Cooperation said on Friday.

The loan will be used to fund an urgent health project in Jordan, the ministry statement said, adding that the loan agreement was reached during the participation of"...

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Jordan secures $100m loan from Islamic Bank for Development May 20, 2017

The Islamic Bank for Development has given the green light to a $100 million soft loan to Jordan, the Ministry of Planning and International Cooperation said on Friday.

The loan will be used to fund an urgent health project in Jordan, the ministry statement said, adding that the loan agreement was reached during the participation of Minister of Planning and International Cooperation Imad Fakhouri in the bank's Board of Governors annual meeting.

Under the agreement, $79 million would be provided"...

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TSYS Signs Payments Agreement with QIIB May 13, 2017

(ME NewsWire)-- TSYS (NYSE: TSS) announced today that it has signed an agreement with Qatar International Islamic Bank (QIIB) to license PRIME 4, the latest version of TSYS’ future-focused PRIME payment solutions platform.

QIIB is an award-winning Islamic bank that will leverage PRIME as a consolidation platform to manage all of its card issuing and multi-channel acquiring. By migrating to PRIME,"...

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