VOL. XXXII

NO. 20

20-FEBRUARY-1989

Financial and Banking News

AID FLOWS

ADFAED Lends $11mn to Oman

The Abu Dhabi Fund for Arab Economic Development (ADFAED) has agreed to lendDh40mn ($10.9mn) to Oman to finance the third phase of the 'Abira electricitygenerating and water desalination plant, according to an agreement signed inMuscat on 5 February.