Board Meeting 4/2010

The Board of Directors, at its meeting no. 4/2010, held on 19 October 2010, agreed to extend the following loans:

#	Country	Loan Amount (KD Million)	Project
1	Sudan	50	Upper Atbara and Steit Dam Complex
2	Egypt	15	Upgrade of Hurghada International Airport
3	Yemen	30	Social Development Fund (Phase 4)

During the same meeting, the Board of Directors extended the following grants:

#	Beneficiary	Grant Amount (KD 000)	Purpose
1	Lebanon	300	Establish and equip a rehabilitation center for orphans and disabled children belonging to the Al-Rahma medical complex
2	ICARDA	200	Continue the annual support of the activities of ICARDA in the Arab countries
3	Arab Fund	(*)	Conduct a study related to the total integration of the electricity networks in the Arab World and the best utilization of the natural gas resources for the export of electricity
4	Educational Research Center	35	Cover part of the costs of the First Educational Conference
5	Arab Network for NGOs	75	Cover part of the costs of the "Arab Civil Groups - Partnership Initiatives" project
6	OPEC Fund	$200,000	Cover part of the remaining cost of developing the first phase of the Arab Development Portal project
7	Arab Towns Organization	20	Cover part of the costs of the Fifteenth Conference of the Arab Towns Organization
8	Lebanon	500	Cover part of the costs of consultancy services related to the preparation of an executive plan for the government's agenda for the next stage
9	Economic Research Forum	220	Participate in the continued support and financing of the "Research for Arab Development" initiative, and the implementation of part of its activities for the year 2011
10	Sudan	$10 million	Contribute to the reconstruction and development of Eastern Sudan

(*) The Arab Fund will finance the cost of the study