SARAJEVO: Saudi investors pledged on Wednesday to invest in Bosnia with $50 million starting capital and Turkey said that one of its banks will extend credit lines for infrastructure projects.
Officials from the Middle East and Turkey said they wanted to help development of Bosnia, a Balkan country.
The Islamic Development Bank (IDB), AlBaraka banking group and other Saudi investors have formed a joint investment company for Bosnia, said Saudi Arabia’s Saleh Kamel, the chairman of the Islamic Chamber of Commerce and Industry. (full story)
