Financial and Banking News


Agfund and OFID Grant $1.45mn 

The Arab Gulf Fund for UN Development Agencies (Agfund) has given a grant of $1mn for UN sponsored welfare projects in Sudan, Jerusalem, Lebanon and Bahrain. The OPEC Fund for International Development (OFID) has also provided three grants recently: $435,000 to the Rio Ocoa Hydropower Development project in the Dominican Republic; $7,000 to the Oxford Institute for Energy Studies to help finance a study on the...