Jeddah, Rabi'I 26, 1438, Dec 25, 2016, SPA -- Jeddah-based Islamic Development Bank has accredited finances worth $863 million worth of developmental projects in a number of member countries, it was reported here today. Out of this sum, $208 million goes to road projects in the Republic of Guinea; $170 million for the third phase of a solar generation project in the United Arab Emirates; $105 for an Aluminum company in Bahrain; $94 million for a rural development project in Morocco; $92.3 million project for combating malaria in Senegal; $91.5 million for roads rehabilitation project in Togo; $60 million for establishing and equipping a public hospital along the Atlantic coast in Djibouti; a loan worth $8 million to finance a solar generation in Chad; $5 million for power generation project in Jordan; and $4 million for power generation in Mali. Furthermore, the bank approved a $16 billion budget for the period 2017 - 2019. --SPA 20:23 LOCAL TIME 17:23 GMT www.spa.gov.sa/w298420
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