|
Islamic bank loans Gabon $1.15 million
Regional-Gabon, Economics, 10/29/1998
The Islamic Development Bank and Gabon signed a loan accord Wednesday in Jeddah, Saudi Arabia worth $1.15 million. The amount will help finance a 339 kilometer long road project that will link the north and south of the African country.
The loan will be reimbursed in 15 years with a grace period of three years.
The loan accord was signed by IDB President Ahmed Mohammad Ali and Gabon's Ambassador to Saudi Arabia, Nabil Koussou.
Previous Stories:
Kuwaiti fund makes major pledge to Chad's development plan
(10/24/1998)
Islamic Development Bank launches $1.5 billion fund
(10/8/1998)
Arab states and Turkey discussing trade obstacles and their effect on exports from Mediterranean countries
(9/26/1998)
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
|
