SFD inks cooperation accord with Assilah Forum Foundation

Rabat, March 14, SPA -- The Saudi Fund for Development (SFD) signed
today with Assilah Forum Foundation a Memorandum of Agreement on to
grant $ 6 million to help finance the construction of two primary
schools, one Intermediate school and another an High School in
Assilah city north of Morocco.


The Memorandum of Agreement was signed by the Vice-President and
Managing Director of the Saudi Fund for Development Yusuf bin Ibrahim
Al-Bassam and the Secretary-General of the Assilah Forum Foundation,
Mohammed bin Issa, who expressed gratitude to the Saudi Development
Fund for this initiative, stating that the grant came within the
framework of cooperation between the two brotherly countries.