JORDAN/SAUDI ARABIA/KUWAIT
 
Jordan Finalizes Saudi/Kuwaiti Grants
 
Jordan and Saudi Arabia have signed a number of agreements to finalize Saudi grants with a value of $667mn. These were approved under the $5bn development fund sponsored by four GCC countries, Kuwait, Qatar, Saudi Arabia and the UAE, which provided $1.25bn apiece. The fund was put together in the wake of the Arab Spring and is to be disbursed over a five-year period (MEES, 15 February). The grants,...