Activities During 2018

LOANS

Public Sector

During the year 2018, the Arab Fund provided 11 loans, totaling KD 464 Million, to 6 Arab countries. Information on these loans is given below:

Country Project Amount of Loan
(KD Million)(*)
Date of Signature
of Loan Agreement
1- Tunisia Support To Primary Education 50.0 23/11/2017
2- Republic of Djibouti Electricity Generation Using Geothermal Energy 9.0 19/02/2018
3- Republic of Lebanon Wastewater Facilities in the North and Central Litani Basin 27.0 19/02/2018
4- Republic of Lebanon Development of Main Roads (Pan Arab Northern Motorway and Zouk Mosbeh - Jeita Road) 56.0 09/04/2018
5- Republic of Tunisia Integrated Development Program (Third Phase) 50.0 10/04/2018
6- Arab Republic of Egypt Development of the Electric Transmission Grid (Second Phase) 40.0 09/04/2018
7- Arab Republic of Egypt Establishment of a Water System for Bahr El Bakar Drain 70.0 31/05/2018
8- Islamic Republic of Mauritania Rehabilitation of Boutlimit Aleg Road 14.0 31/05/2018
9- Sultanate of Oman Development and Expansion of the Third and Fourth Sections of the Sinaw Muhut Duqm Road 48.0 05/12/2018
10- Sultanate of Oman Reinforcement of Desalinated Water Transmission Lines in Al Batinah Governorates 70.0 05/12/2018
11- Republic of Tunisia Tasa and Khallad Dams 30.0 05/12/2018
Total

464.0


Private Sector

The Arab Fund agreed to provide two loans to help finance two private sector projects, as shown in the following table:

Country Project Amount of Loan
(KD Million)(*)
Date of Signature
of Loan Agreement
1- Egypt Storage Facilities 2.0 --
2- Mauritania Processing and Marketing of Pelagic Fish 4.0 --
Total

6.0

The Arab Fund also increased its contribution to the capital of the Al-Sharkeya Sugar Manufacturing Company (Al Nouran) by KD 3.0 million.

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