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Islamic Development Bank extends $668 mln in loans, SPA says

Posted on 22 February 2012

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………………………………………..Full Article: Source

 
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