IDB to offer low-cost loans to poor muslim countries
United Arab Emirates: Saturday, May 31 - 2008 at 07:46
Jeddah-based Islamic Development Bank says it will offer low-cost loans to poor Muslim countries to help them offset the impact of high food and fuel prices, reported Gulf News. IDB president Ahmad Mohammad Ali said the five-year would target the least developed states and intermediate-income countries, adding that 32 countries would benefit from it.
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Jeff Florian, Senior ReporterSaturday, May 31 - 2008 at 07:46 UAE local time (GMT+4)
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