Middle East Economic Survey
VOL. LIII
No 41
11-Oct-2010
REGIONAL
SFD Lends Bahrain $115Mn
The Saudi Fund for Development (SFD) will extend a total of SR430.5mn ($114.8mn) to Bahrain under three loan agreements signed on 30 September in Manama. The first agreement for SR187.5mn ($50mn) will help cover the cost of an electricity transmission project, whose construction began in 2007 and is due for completion in 2011. The second agreement for SR143mn ($38.1mn) will finance the import by Bahrain...
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