Abu Dhabi Development Fund Grants Djibouti $15m

Published April 1st, 2001 - 02:00 GMT
Al Bawaba
Al Bawaba

The Abu Dhabi Development Fund (ADDF) has granted Djibouti two loans totaling Dh55 million ($15m) to finance a housing project and to modernize Djibouti port, reported the official WAN news agency on Sunday.  

The accords were signed by ADDF Director General, Saeed Al Rumaithi, and Djibouti Minister of Economy and Finance, Yassin Bouh.  

Bouh arrived in Abu Dhabi on Friday on a four-day official visit aimed at strengthening bilateral ties in the fields of trade and fisheries – Albawaba.com  

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