ID :
36846
Sun, 12/21/2008 - 21:40
Auther :

AGFUND approves financing of 16 Projects

Riyadh, December 21, SPA -- On behalf of Prince Talal bin Abdulaziz,
President of Arab Gulf Program for United Nations Development
Organizations (AGFUND), Eng. Yosef bin Ibrahim Al-Bassam, AGFUND's
Vice-President, chaired here today the 60th meeting of AGFUND's
Management Committee.


The meeting approved financing of 16 projects in a number of
developing countries.

It also increased AGFUND's 11th Prize amount to $ 500,000.


Eng. Al-Bassam is also the Representative of Saudi Arabia to AGFUND,
Chairman of Board of Directors of Saudi Industrial Development Fund,
and Director General of Saudi Fund for Development (SFD).


--SPA

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