Djibouti: Gulf Arab States to Provide U.S.$200 Million in Development Support to Djibouti

The Gulf Co-operation Council (GCC) Wednesday (December 11th) extended $200 million (36.2 billion francs) for development projects in Djibouti over the next five years, Kuwait News Agency reported.

GCC member countries Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Bahrain and Oman agreed on the funding package at the conclusion of the organisation's 34th summit in Kuwait.

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