Global Trade Alert
Global Trade Alert

Spain: ICO approves financing agreement to support Spanish company's acquisition of a Dubai-based company

Announcement

01 Jul 2019

On 1 July 2019, the Instituto de Crédito Oficial (ICO) announced providing financing to support the Spanish company Tubacex's acquisition of NTS Middle East FZCO located in Dubai, the UAE. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jul 2019

Revocation date:

No revocation date

Updated: 01 Jul 2019
Financial assistance in foreign market In force

On 1 July 2019, the Instituto de Crédito Oficial (ICO) announced signing a loan agreement with Spanish Tubacex having a total value of USD 30 million. The loan will support th...

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