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Kuwait Fund for Arab Economic Development

Kuwait Fund for Arab Economic Development latest

Egypt and Kuwait also inked a framework agreement to finance the second phase of the Sinai development programme at a value of $1 billion up to 2022.
October 28th, 2019 - 08:37 GMT

Kuwait Group Ink $85 Million Deal With Egypt to Fund Tunnel Road

Kuwait Fund for Arab Economic Development (KFAED) signed a funding agreement worth KD26 million ($85.3 million) with Egypt to finance the Tunnel Road at Sharm El Sheikh. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-4…","video_id":"4e8dbd33-5fd5-480c-9ed1-b944b8f49d76","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Top 10 World’s Workplaces 2019"} The scope of work includes the construction of a road running about 350 km long to a six-lane asphalt road (three lanes in each direction with a width of 3.6 m per lane), a middle island with a ...
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Lebanon's President Michel Aoun attends a gathering with the Lebanese community in Kuwait City on January 23, 2018 during an official visit to the Gulf country. 
(YASSER AL-ZAYYAT / AFP)
January 24th, 2018 - 12:28 GMT

Kuwait Sends Care Package to Lebanon to Revive Relationship

Governments in the Middle East are committed to energy reforms and have implemented energy reducing tactics. (Shutterstock)
March 16th, 2017 - 12:00 GMT

MENA's renewable energy M&As on the rise: EY

Bahrain is implementing a royal order to provide 40,000 units for citizens with housing projects nationwide. (File photo)
August 24th, 2016 - 08:30 GMT

Bahrain inks $395M in housing, infrastructure project deals

Al Bawaba
April 4th, 2016 - 08:00 GMT

Jordan inaugurates $148M wind power project in Maan

Al Bawaba
December 23rd, 2015 - 04:27 GMT

Kuwait to loan Egypt $1.5B for Sinai development projects

Al Bawaba
November 26th, 2015 - 08:00 GMT

Saudi Fund approves $100M loan for West Cairo Power Station expansion

Al Bawaba
November 25th, 2015 - 07:11 GMT

Egypt's infrastructure projects get a $1.5B boost from Kuwait fund

Al Bawaba
November 22nd, 2015 - 11:31 GMT

MENA must create 100 million jobs by 2020 to meet unemployment numbers

Al Bawaba
July 23rd, 2015 - 07:23 GMT

Lebanon to get $450 million for refugee crisis

Al-Sabah asserted that the Kuwait Investment Authority would form partnerships with Egyptian organisations to aid in implementing projects and invest in joint ventures with the country, which the Kuwait Fund for Arab Economic Development would finance.
December 5th, 2013 - 03:55 GMT

Kuwait boasting that it's ready to boost Egypt's economy

Saudi Arabia’s Green Construction Potential: Insurance for a New Green Economy?
May 9th, 2013 - 10:16 GMT

GCC states should look into investing in green economy

A photo of an old train in Egypt
May 7th, 2013 - 10:03 GMT

Kuwait to pour $250 million into Egypt's railway system

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