Financial and Banking News
AID FLOWS
AFESD Provides First Loan to Israeli Occupied Territories
The Arab Fund for Economic and Social Development (AFESD) is to extend a loan worth KD3mn ($9.87mn) to finance an irrigation project at al-Fargha Valley in the West Bank, according to an agreement signed on 11 June. The loan, which is the first of its type by AFESD to a project in the Israeli-occupied territories, will provide a new and more modern irrigation system for the area as well as...
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