VOL. XXXIX

No. 5

30-October-1995

LOANS

ABC Lends Sharjah $20Mn

Under an agreement signed on 25 October, the Bahrain-based Arab Banking Corporation (ABC) will lend the Sharjah Electricity and Water Authority $20mn to finance a new gas-fired generator at al-Layyah power station. The generator will cost $25mn and will add 100 megawatts to power generation.