www.bloomberg.com - The Islamic Development Bank, a Saudi Arabia-based multilateral lender, approved $668 million in loans to finance projects in 12 countries, the Saudi Press Agency reported, citing the bank.
The loans include $229 million for a 304-kilometer (189- mile) high-speed rail line linking Turkey’s capital Ankara with Konya and $228 million for a sewerage network west of the Iranian capital Tehran, the news service said. (source)
To contact the reporter on this story: Mourad Haroutunian in Riyadh at mharoutunian@bloomberg.net
To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net
Source: http://www.bloomberg.com/news/2012-02-21/islamic-development-bank-extends-668-million-in-loans-spa-says.html - Feb 21, 2012
