Financial and Banking News


Arab Aid Agencies Extend $703.42mn in January-April

Arab national and regional development institutions (IDB, OFID, SFD, AFESD, KFAED, BADEA) committed a total of $703.42mn during the first four months of 1986, according to figures compiled by the Coordination Secretariat at the Arab Fund for Economic and Social Development in Kuwait. Of this $464.09mn (66% of the total amount was allocated for infrastructural, development and social projects;...