Jeddah, Rabi'II 10, 1436, Jan 30, 2015, SPA -- The Islamic Development Bank (IDB) Chairman Dr. Ahmad Mohamed Ali and British Minister of State for International Development Desmond Swayne, signed in London yesterday a memorandum of understanding (MOU) worth $ 40 million each to create a "fund to support women's projects in a number of Arab countries", in order to improve their economic conditions in the Arab countries by enabling them participating in economy. Dr. Ahmed Mohammed stressed that the agreement contributes to the support of women projects in the Arab countries in transition, and allows them participating fully in the economic activities in their countries. --SPA 13:22 LOCAL TIME 10:22 GMT www.spa.gov.sa/w