Middle East Economic Survey

VOL. LIII

No 24

14-Jun-2010

BAHRAIN

ADFD Loans Bahrain $50Mn For Electricity Sector Development

The Abu Dhabi Fund for Development (ADFD) has signed two loan agreements with the government of Bahrain to finance the development of the electricity sector in the Kingdom, Bahrain News Agency (BNA) reported on 9 June. The loans, totaling Dh183.7mn ($50mn), were awarded to Bahrains Electricity and Water Authority and will cover part of the countrys four-year, $851mn...