AFESD Lends Lebanon $20.1Mn For University Project
Under an agreement signed on 22 May in Beirut, the Arab Fund for Economic and Social Development (AFESD) will lend Lebanon KD6mn ($20.1mn) to help finance a project for the construction of a number of buildings at the Lebanese University. The loan will finance the completion of the universitys new campus at Hadath, Beirut and provision of consultancy and technical services. It carries interest at 4.5% and is...
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