Middle East Economic Survey


No 16



Saudi Arabia Extends $325Mn In Aid To Yemen

The Saudi Fund for Development (SFD) is to extend a total of $325mn to Yemen as part of Saudi Arabias pledge at the London donors conference to support Yemen to the tune of $1bn. Three agreements for financial assistance were signed at a recent consultative meeting of the donors a $213mn grant to finance the third stage of the 'Amran-San'a-Aden highway, a $107mn loan for the same project, and a...