Financial and Banking News
AID FL0WS
KFAED Lends Jordan $24.2mn
The Kuwait Fund for Arab Economic Development (KFAED) has agreed to lend Jordan $24.2mn to help finance the lower Zarqa river project, according to an agreement signed on 15 April. The $112mn project includes the construction of soil conservation structures, the development of forests, the protection of water courses from erosion, and the improvement of roads. The loan is repayable over 26 years, including a seven-year...
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