News wire article from our research archive:

MEC inks 40 million USD trade financing deal with ITFC

MEC inks 40 million USD trade financing deal with ITFC

AMMAN, July 7 (Xinhua) -- Middle East Complex (MEC), Jordanian leading producer of electric home appliances, has inked a 40 million U.S. dollars trade financing deal with the International Islamic Trade Finance Corporation (ITFC), an autonomous entity within the Islamic Development Bank(IDB) Group, Al Bawaba, a regional information and technology company said on its website Sunday.

The deal, signed by ITFC CEO Waleed Al Wohaib and MEC CEO Osama Al Khalili during an ITFC delegation visit to Amman, is to bring the total amount of ITFC trade financing deal with MEC to 80 million dollars.

According to Al Khalili, MEC is in the process of ...

Related newspaper, magazine, and journal articles:

See all results. Or, try our Advanced Search.

Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 60 million articles! Access over 3,500 publications with a FREE trial!