NOS. 13/14

27-DEC-93/3 JAN 94

Financial and Banking News

Aid Flows

IIC Lends $50Mn To Pakistan's Oil And Gas Development Corporation

The Bahrain-based Islamic Investment Company (IIC) has extended a $50mnfinancing facility to the state-owned Oil and Gas Development Corporation ofPakistan. The 15-month loan is guaranteed by the Pakistani Ministry of Financeand the state-owned Bank of Pakistan. IIC is wholly-owned by the Geneva-basedDar al-Mal al-Islami.

Palestinians And Syria Receive...