VOL. XLVI
No 3
20-January-2003
SAUDI ARABIA
Saudi Development Fund To Lend Sudan $150Mn For Merowe Dam
The Saudi Development Fund has signed a loan worth SR563mn ($150mn) with Sudan to help finance the construction of a dam in Merowe, 400km north of the capital Khartoum near the Niles fourth cataract. The loan agreement was signed in Khartoum by Sudanese Finance Minister Zubair Ahmad Hasan and his Saudi counterpart, Ibrahim al-'Assaf. The dam, which will have a capacity of 1,250mw and will triple...
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