|
Arab Fund for development finances projects between Yemen and Oman
Yemen, Economics, 1/6/2001
An official at the ministry of planning and development said that the chairman of the board and director general of the Arab Fund for economic and social development Abdul Latif al-Hamad will start an official visit to Sanaa to sign a loan agreement at a cost of 26 million Kuwaiti Dinars that will be dedicated to carry out a road project linking Yemen to Oman.
During his visit al-Hamad will be invested with a medal from the Yemeni leadership in appreciation of the Fund's contributions to backing development in Yemen.
Yemeni statistics reveal that the Fund provided Yemen with 60 loans at a coast of 223.8 million Kuwaiti dinars, allotted to contribute to financing projects on agriculture, electricity, waters, drainage, roads ports and health.
Previous Stories:
Yemenis are enthusiastic for American goods boycott campaign
(12/15/2000)
Vast prospects to be launched by the Saudi- Yemeni coordination council
(12/13/2000)
New oil discoveries in Yemen
(12/13/2000)
Please add a link on your webiste pointing to ArabicNews.com and bookmark ArabicNews.com & subscribe to our daily email news bulletin.
|
Advertise on ArabicNews.com. MyFlowers.com sold more than $2700 of flowers in one month advertising on ArabicNews.com! Make your company, and products a success. Special rate for new and small business. Inquire!Advertising Info
|
