VOL. XXXI
NO. 13
4-JANUARY-1988
Financial and Banking News
AID FLOWS
UAE Finances Construction of Second Stage of Marib Dam
The United Arab Emirates (UAE) has agreed to grant North Yemen $22.44mn tofinance the second stage of construction at the Marib Dam. In January 1987 thefirst stage of reconstruction of the ancient dam was completed with a $90mngrant also provided by the UAE. The dam's 400mn cu. ms. reservoir will irrigatemore than 10,000 hectares of land in northeast Yemen. Construction of...
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