Financial and Banking News
AID FL0WS
Saudi Arabia Joins New World Bank Investment Agency
Saudi Arabia has joined the World Bank's new affiliate for promoting foreign investment in the Third World, the Multilateral Investment Guarantee Agency (MIGA). Mr. Muhammad Aba al-Khail, the Saudi Finance and National Economy Minister, signed the convention of the agency in Washington last week. The World Bank Vice President and Legal Counsel, Dr. Ibrahim Shihata, said some 17 countries...
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