Financial and Banking News


Agfund Provides $9.47mn to UN Agencies 

The Arab Gulf Fund for UN Development Agencies (Afgund) has agreed to contribute $9.469mn to eight UN bodies and a number of non-governmental Arab organizations. Among the UN agencies, the FAO will receive $1.233mn, UNICEF $1.825mn, WHO $1.15mn, UNESCO $980,000, UNDP $1.123mn, ILO $725,000, UNRWA $600,000 and the UN University $209,000; Arab non-governmental bodies in Jordan, Tunisia, Iraq and Kuwait will...