Saudi Arabia/UAE: PM secures aid commitments

Issue 1123 - 08 Apr 2021

Prime Minister Mustafa Al-Kadhimi has secured aid commitments of $6bn from Saudi Arabia and the UAE, following his early April visits to Riyadh and Abu Dhabi. The $3bn Saudi funding was announced following a 1 April meeting with Crown Prince Mohammed Bin Salman at Al-Yamamah Palace. It is being provided via a new joint fund set up to promote private sector investments in Iraq.

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