Middle East Economic Survey
VOL. LIII
No 43
25-Oct-2010
REGIONAL
Arab Finance Ministers Launch $2Bn Development Fund
Arab finance ministers officially launched on 18 October a $2bn development fund, established to provide loans to small and medium size projects throughout Arab world. The Arab Development Fund, initially proposed by the Amir of Kuwait Shaikh Sabah al-Ahmad al-Sabah, was approved by the first Arab Economic Social and Development Summit in January 2009. Although the original...
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