Kuwaiti Burgan Bank to Provide Loan

Burgan Bank SAK, a Kuwaiti lender, signed agreements to loan a number of companies US$696 million to fund projects in Kuwait’s development plan, the Bank Chairman Majed al-Ajeel, said. Kuwait’s parliament approved in February a US$107 billion, four-year development plan which includes oil and gas investments, building a railway network and cities. - Bloomberg