Jordan, Saudi Arabia sign two grant agreements

By Petra - May 19,2015 - Last updated at May 19,2015

AMMAN — The government and the Saudi Development Fund on Tuesday signed two grant agreements to finance the implementation of two projects.

The grants, totalling $80 million, will be used to finance a fibre-optics project and the construction of infrastructure for the industrial cities in Tafileh, Madaba, Jerash and Salt.

Planning and International Cooperation Minister Imad Fakhoury and Saudi Fund Deputy Chairman and Managing Director Yousef Al Bassam signed the agreements in the presence of Prime Minister Abdullah Ensour.

Rate

Saudi fund to examine Jordan’s request for $53 million loan

May 20,2015

The Saudi Development Fund (SDF) board of directors is scheduled to discuss a Jordanian request for a long-term, low interest loan worth $53 million at a meeting next month, according to its managing director.

Gov’t ‘in race with time’ to meet Gulf Fund deadlines

Jun 06,2015

AMMAN — The government is in a race with time to spend the remaining allocations of the Gulf Fund on development projects according to sched

Halaseh discusses public works projects with Saudi Fund delegation

Feb 27,2017

AMMAN — Public Works and Housing Minister Sami Halaseh on Monday met with delegates from the Saudi Fund for Development to continue contract