Middle East Economic Survey

VOL. LIII

No 12

22-March-2010

REGIONAL

IDB Approves $334mn For New Development Projects

The Saudi-based Islamic Development Bank announced on 16 March the approval of $334mn in financing for new development projects in member nations. This includes $10.5mn for the Enhancement of Rural Development Opportunities Project under Economic Opportunities Fund in Yemen, $124mn for an electricity transmission development project in Bahrain, and $120mn for the Jubail Refinery and...