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Islamic Development Bank approves over $200 million in new loans
Regional, Economics, 12/16/1999
The board of executive directors of the Islamic Development Bank, which ended its 19th session in Jeddah last Monday approved new funds worth more than $200 million in favor of a number of member countries and muslim communities in non-member states, a press release said. The board approved $135 million to finance eight development projects in eight member states, $16.7 million from the Unit Investment Fund for Libya and about $10 million from the IDB Waqf Fund.
Previous Stories:
COMSTECH meeting: Laraki urges Islamic countries to promote science, technology
(11/20/1999)
Islamic corporation for private sector development starts operating in April
(11/16/1999)
IDB governors approve creation of institution for promotion of private sector
(11/10/1999)
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