FINANCIAL BANKING NEWS

AID FLOWS

Saudi Arabia and Agfund Grant $2mn for Educational Projects

Saudi Arabia has granted $1mn to help run the International Islamic University at Kuala Lumpur. This sum is in addition to $1mn granted to the university in 1984. The Arab Gulf Program for UN Development Organizations (Agfund) has also granted $1.05mn for educational programs sponsored by UNESCO: $400,000 for UNESCO's national documentation and education materials center; $400,000 to improve...