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Bahrain seeks $1.3 bln loans for utility projects

Posted on 30 July 2009

From Business24-7.ae: Bahrain is seeking $1.3 billion (Dh4.7bn) from regional financing agencies to upgrade the Gulf state’s power and water network over the next 10 years, said an official yesterday.

“We’re seeking soft loans from funding agencies within the region,” said an official at Bahrain’s Electricity and Water Authority……..Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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