News of Bahrain
Bahrain3 October 20201 min read

GCC Development Fund awarded Projects worth $97 million in Q2

TDT | Manama The GCC Development Fund supported projects worth more than USD7.4 billion in the second quarter of 2020, the latest Bahrain Economic report said. The report points out that the fund awarded projects worth US$ 97 million in Q2, 2020, raising the overall value of awar

Editorial Team Legacy

Published 3 October 2020, 8:00 · Updated 21:25

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GCC Development Fund awarded Projects worth $97 million in Q2

TDT | Manama

The GCC Development Fund supported projects worth more than USD7.4 billion in the second quarter of 2020, the latest Bahrain Economic report said. The report points out that the fund awarded projects worth US$ 97 million in Q2, 2020, raising the overall value of awarded projects here to $4.9 bn, an increase of 2 percent from Q1 2020. The fund also made payments totalling US$130 m during Q2, increasing the total value of payments made to US$3.3bn by the end of Q2 2020.

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