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Last Updated: Oct 27, 2009 - 9:33:43 PM |
Sudan and Abu Dhabi Development Fund sign loan agreement
Abu Dhabi/ Al-Manamah, Sept. 4 (SUNA) - Abu Dhabi Development Fund has signed a 100 million dollars loan agreement with the Government of Sudan for supporting the balance of payments. Director General of Abu Dhabi Development Fund Mohamed Saif Al-Swaidi signed the loan agreement on behalf of the Fund, while Minister of Finance and National Economy Dr. Awad Al-Jaz signed for the Government of Sudan. The Minister is currently on a visit to Abu Dhabi. Bahrain News Agency (BNA) reported Thursday that the two sides also signed a memorandum of understanding on preparing feasibility study for a road project linking Khartoum and Port Sudan to boost the infrastructure in the country. BT/BT
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