Financial and Banking News
AID FLOWS
Arab Funds Agree to Renew Lending Operations to Sudan
MEES has learned that eight Arab aid institutions (AFESD, BADEA, IDB, OFID, ADFAED, KFAED, SFD and IFED) have agreed to resume lending operations to Sudan after a freeze of almost a year. The operations of the Arab funds and the financing of new projects in Sudan came to a halt early last year after Sudan failed to pay its capital share in a number of joint institutions and delayed both...
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