Financial and Banking News

AID FLOWS

Saudi Arabia Provides $208mn in Aid to Eight Countries

The Saudi Arabian Government has agreed to provide $208.22mn in loans and grants to eight countries, as follows:

 Country Purpose Amount ($mn)  Jordan - First installment of an annual 
 $358mn pledge to "frontline" Arab states bordering Israel 119.00 - SFD loan to finance Yarmouk University Hospital 53.00 
 Sahel Countries - Development of water resources in the rural areas of five Sahel...