Prince Talal bin Abdulaziz on behalf of Arab Open University and Minister of Finance Dr. Ibrahim bin Abdulaziz Al-Assaf have signed a loan contract worth SR 120 million to be provided by the Ministry of Finance to finance the establishment of Arab Open University project in Riyadh. In a press statement today, the Ministry of Finance said that as many as 91 contracts worth SR 1,745,475,886 have been signed to finance projects of higher education, public education and national training institutes.