VOL. XXXVIII
NO. 30
24-APRIL-1995
Financial and Banking News
Regional Banking
More Gulf Attacks On Proposed Middle East Development Bank
Plans for the establishment of a Middle East development Bank have once morecome under fire from officials from Saudi Arabia and the UAE, as well as fromthe head of the Islamic Development Bank (IDB). The idea of setting up aregional organization with a capital of $10bn to finance development projects inthe Middle East in the era of peace was originally proposed...
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