Financial and Banking News


Arab Aid Agencies Disburse $491mn in January-April 

Arab national and regional development institutions disbursed a total of $491.15mn during the first four months of 1985, according to figures compiled by the Coordination Secretariat of the Arab Fund for Economic and Social Development (AFESD) in Kuwait. Half of the aid was for infrastructural projects, with the power sector alone (electricity, oil and gas) accounting for $166.25mn. Productive...