*DUBAI:* The government of Pakistan has raised $500 million through anIslamic syndicated loan provided by a consortium of 12 banks, it said in astatement on Sunday.
The loan, coordinated by Emirates NBD Capital, was 40 per centoversubscribed.
The group of lenders includes Commercial Bank of Dubai, Emirates NBD, NoorBank, Allied Bank, Dubai Islamic Bank, First Abu Dhabi Bank, Mashreq Bank,Sharjah Islamic Bank, Samba Financial Group, Bank of Jordan, Habib BankLimited and Union De Banques Arabes Et Francaises.
