|
IDB to buy a new aircraft at US $100 million
Regional, Economics, 9/14/1998
The Islamic Development Bank has announced that it will buy an aircraft at a cost of US $100 million to rent it to Malaysian airlines for ten years.
A statement issued by the Islamic Development Bank in Manama on Sunday said the deal will be supplied by a fund monitored by the IDB. The fund has shares in 20 Islamic financial and banking establishments. The statement did not mention the type of plane or the time set for its purchase.
Previous Stories:
Islamic Bank approves $1.5 billion fund
(9/8/1998)
IDB delays decision on $1.5 billion in aid to Pakistan
(8/14/1998)
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
|
