Islamic Development Bank Loans [Archives:2000/21/Local News]
May 22 2000
Yemen has recently been granted a US$ 25 million loan by the Islamic Development Bank to invest in a number of development projects. In addition, an agreement was signed to get a loan of US$ 9 million for building a college of Engineering in Dhamar, US$ 7 million for building a college of Engineering in Hadhramout and US$ 6 million for the Social Fund project.
President of the IDB, Dr. Ahmad Mohammed Ali met last week Yemeni officials and held a press conference where he highlighted the Bank’s strategies.
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