A loan of 15,200,000 guilders ($4,250,000) was granted to the Israel Government today by the Dutch Bank Union, according to an announcement by the bank here.
The money will be used to help finance a new $10,200,000 shipyard at Raifa, Israel. The shipyard is to be built by the de Schelde firm, of Vlissingen, Holland.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.