Financial and Banking News
AID FLOWS
KFAED Lends $14mn to Natural Gas Project in Oman
The Kuwait Fund for Arab Economic Development (KFAED) has agreed to lend Oman KD4mn ($14.3mn), according to an agreement signed on 4 September. The loan is to help finance the fourth stage of a $105.2mn scheme involving drilling four wells in the Yibal gasfield, the extension of an 180-km pipeline from Yibal to Izki, and the construction of a terminal at Barka. The loan is repayable in 15 years,...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!