AUB to transfer $100m from overseas fund to assist with collapsing staff salaries
- Date: 31-Mar-2021
- Source: The Daily Star
- Sector:Financial Markets
- Country:Lebanon
AUB to transfer $100m from overseas fund to assist with collapsing staff salaries
American University of Beirut will be transferring $100 million from their overseas endowment fund to assist with academics and staff salaries in light of the Lebanese pound's collapse, the university's president said Wednesday.
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