Board of Director’s decisions قرارات مجلس الإدارة

Home Board Meeting 4/2019

Board Meeting 4/2019

The Board of Directors, at its meeting no. 4/2019 held on December 8th, 2019 agreed to extend the following loans:

S.noالرقم التسلسلي Countryدولة Loan Amount (KD Million)قيمة القرض (مليون د.ك.) Project Nameاسم المشروع
1 Mauritania 52 Tidjikja – Kiffa – Selibaby – Mali Border Road
2 Egypt 75 Establishment of a Water Drainage System at Bahr El Bakar (Additional Loan)

The Board also agreed to participate, with an amount not to exceed KD 3 million, in the capital of Socrates Development Company who is developing Maarif Real Estate Project in Casablanca in the Kingdom of Morocco.
During the same meeting, the Board of Directors extended three grants amounting to KD 1.4 million.