VOL. XLIII

No. 27

3-July-2000

UAE

Abu Dhabi Development Fund Grants Jordan $20Mn Loan

The Abu Dhabi Development Fund on 11 June granted Jordan two loans totaling Dh74mn ($20mn) to finance water projects, according to the UAE News Agency (WAM). The agreement, signed in Dubai, included Dh56mn ($15.1mn) to finance the construction of dams and water pipelines in southern Jordan and Dh18mn ($4.9mn) to help finance the Wihdeh Dam on the Yarmuk River. The loans, which carry an annual interest rate of...