Financial and Banking News


EEC Grants $10.5mn to North Yemen and Jordan 

The European Economic Community has granted ECU 17.2mn ($10.5mn) to North Yemen and Jordan. North Yemen will receive aid worth ECU 10mn ($6.9mn) to finance a seed factory in Ta'iz which has already received ECU5.2mn ($3.6mn) from the EEC in the past four years. Jordan will receive grants worth ECU5.2mn ($3.6mn) to support scientific projects at the country's two universities: ECU2.5mn ($1.7mn)...