Saudi Arabia grants Jordan $787 million to finance development projects

Al-Shorfa 5 December 2012
By Ali al-Rawashdah in Amman

Jordanian economists welcomed Prime Minister Dr. Abdullah Ensour's recent announcement that Saudi Arabia would grant Jordan as much as $787 million to fund development projects.

The prime minister on November 28th said Saudi Arabia already allocated funding for Jordanian projects worth $487 million, adding that he expects the kingdom will grant an additional $300 million in projects by the end of this year. (continue reading...)