RIYADH: Saudi Fund for Development CEO Sultan Al-Marshad on Monday signed a development loan agreement worth over $14 million with Kosovo’s Minister of Finance, Labor and Transfers Hekuran Murati in Kosovo.

The loan will be used to finance the Pristina-Mitrovica Highway Project, its official account reported on X.

The scheme will enhance infrastructure, rehabilitate essential road services and improve road safety standards for 27,000 vehicles daily. It will also create job opportunities and support social development, the statement said.