Financial and Banking News

AID FLOWS

UAE Provides $45mn to the PLO, Senegal and Djibouti 

The United Arab Emirates has donated $30mn to the Palestine Liberation Organization (PLO), according to Mr. Yassir 'Arafat, chairman of the PLO, on 24 July. Meanwhile, the Abu Dhabi Fund for Arab Economic Development (ADFAED) has agreed to lend Senegal DH37mn ($10mn) to fund a $96mn agricultural project in the Mattarn region which will also be financed by the French and Senegalese...