Λεπτομέρειες βιβλιογραφικής εγγραφής
| Τίτλος: |
JPMorgan Joins Gulf Banks on $7 Billion Loan for Syrian Projects. |
| Συγγραφείς: |
Cuesta, Laura Gardner (AUTHOR) |
| Πηγή: |
Bloomberg.com. 7/2/2026, pN.PAG-N.PAG. 1p. |
| Θεματικοί όροι: |
*Loans, *Infrastructure (Economics), *Economic recovery, *Corporate debt financing, *Banking industry, Postwar reconstruction |
| Γεωγραφικοί όροι: |
Syria |
| Εταιρία/Οντότητα: |
Abu Dhabi Commercial Bank PJSC , J.P. Morgan Chase & Co. |
| Περίληψη: |
The article focuses on JPMorgan Chase & Co.'s participation with Gulf lenders in arranging approximately $7 billion of debt financing for reconstruction projects in Syria, marking a significant foreign investment since the ousting of dictator Bashar al-Assad. The loan, involving Qatar National Bank (QNB) and Abu Dhabi Commercial Bank (ADCB), will support infrastructure projects led by Power International Holding, a major Qatari conglomerate, and is guaranteed by QNB, whose largest shareholder is the Qatar Investment Authority. This five-year facility aims to rebuild power infrastructure and an airport, contributing to Syria’s economic recovery after the conflict from 2011 to 2024. The financing reflects Syria’s gradual reintegration into international capital markets amid ongoing sanctions and highlights the growing role of Gulf investors, particularly the Al-Khayyat family behind Power International Holding, in the country’s reconstruction efforts. [Extracted from the article] |
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| Βάση Δεδομένων: |
Business Source Index |