"Buna" is a multicurrency platform that provides clearing and settlement services of cross-border payments in eligible Arab and foreign currencies across the Arab region and beyond, with links to major trade partners.
Press Release - 06-Aug-2020Through the platform, participating banks in Arab countries will be able to clear and settle cross-border payments in AED and reduce costs
WAM (Emirates News Agency) - 05-Aug-2020The loan agreement, signed last week, is to support reform efforts and measures taken to help limit the economic and financial repercussions of COVID-19
Reuters News - 29-Jul-2020Loan to support financial sector reform
WAM (Emirates News Agency) - 29-Jul-2020With an amount of Arab Accounting Dinar 153.475 million, the equivalent of approximately USD 639 million, to support a reform program in the public finance sector, in face of current circumstances
Press Release - 29-Jul-2020Access the most comprehensive database of companies and officers in the Middle East and North Africa, covering all major sectors and industries, from Refinitiv.
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