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International Bank gives loan to non-governmental Palestinian organizations
The IB board of directors agreed on allocating a 10 million dollar grant to set up a fund that would support the non-governmental organizations (NGO) working in the West Bank and Gaza Strip.
Palestine, Economics, 8/28/1997
Emirates investigate money laundering net
Federal authorities in the UAE suspect the involvement of some members of prominent families in UAE in the money laundering operation.
United Arab Emirates, Local, 8/28/1997
Hariri rejects suggestion that Lebanon issue new foreign debt bonds
The Lebanese foreign minister reached an agreement with the economic institutions on the necessity of fixing the country's general debt.
Lebanon, Economics, 8/28/1997
Industrialization necessary to diversify Gulf committee countries' income
Saudi Minister Yamani called on Gulf Cooperation Council states to embark on industrialization to diversify income in light of the world's shaky oil prices and increasing competition in the petroleum sector.
Gulf Region, Economics, 8/28/1997
Conflict between government and Muslim Brotherhood in Jordan
The Moslem Brotherhood group, "Al-Ekhwan," in Jordan has declared explicitly that they decided to boycott parliamentary elections to be held early next November.
Jordan, Analysis, 8/28/1997
Syrians protest girl's arrest in Golan
Israeli Infrastructures Minister Areil Sharon, confirmed the expansion of settlements.
Syria, Politics, 8/28/1997
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