Kuwait signs KD 20.5m loan agreement with Sudan
Nawaf al-Mehmel, KFAED's legal advisor
Khartoum - KUNA
Kuwait Fund for Arab Economic Development (KFAED) signed Wednesday a KD 20.5 million-loan agreement with Sudan to finance a power project in east of the country.
The agreement was signed by Undersecretary of Ministry of Finance Mustafa Holi for the Sudanese side, and Nawaf Al-Mehmel, KFAED's legal advisor, for the Kuwaiti side.
The new loan is the second of its kind as KFAED previously provided the Sudanese government with KD-25-million-loan to finance the power project, bringing the total to KD 45.5 million, Al-Mehmel stated to KUNA He noted that these loans are part of Kuwait's commitments to reconstruct East Sudan during the International Investors and Donors Conference on East Sudan, hosted by Kuwait in December 2010.
- Sunday ,09 December GMT 12:33 2018 Egypt's decision to adjust customs' duties on luxury goods to benefit economy
- Wednesday ,05 December GMT 21:03 2018 Bahrain's economic delegation concludes successful India visit
- Thursday ,29 November GMT 20:20 2018 Japan funds project to enhance water quality project in Palestinian town
- Wednesday ,28 November GMT 09:50 2018 Egypt, Saudi Arabia to strengthen economic ties in coming phase
GMT 19:07 2018 Friday ,14 December
Lebanese PM flags up Saudi investment potential, financial tiesGMT 21:16 2018 Thursday ,13 December
Egypt, Algeria sign MoU to increase trade exchangeGMT 12:33 2018 Sunday ,09 December
Egypt's decision to adjust customs' duties on luxury goods to benefit economyGMT 21:03 2018 Wednesday ,05 December
Bahrain's economic delegation concludes successful India visitGMT 10:58 2018 Sunday ,02 December
Egypt’s total public investments record EGP 72 bln in Q1GMT 14:23 2018 Friday ,30 November
Saudi Arabia pledges $50 million to UNRWAGMT 20:20 2018 Thursday ,29 November
Japan funds project to enhance water quality project in Palestinian townGMT 09:50 2018 Wednesday ,28 November
Egypt, Saudi Arabia to strengthen economic ties in coming phaseRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 16:27 2018 Wednesday ,17 October
Jada Pinkett Smith skydives in Dubai
GMT 12:51 2018 Tuesday ,20 November
Turkish media releases chilling account from Khashoggi 'murder tapes'
GMT 10:47 2018 Wednesday ,17 October
Canada ready for high times as marijuana becomes legal on Wednesday
GMT 22:28 2017 Tuesday ,19 December
Mohamed Assaf cancels his concert in Nazareth
GMT 00:25 2017 Sunday ,23 April
Chinese supermarkets pull Brazil
GMT 00:25 2017 Thursday ,12 January
Ancient palm wood craft faces extinction in Egypt
GMT 06:26 2017 Thursday ,20 July
Pope Tawadros II hails military academies as ‘hero makers’GMT 06:52 2013 Friday ,24 May
Hind Rostom’s daughter denies biopic rumours
GMT 19:00 2017 Thursday ,23 March
Friad announces to submit a draft resolution
GMT 13:31 2018 Monday ,12 November
Most big companies failing UN human rights test, ranking shows
GMT 10:19 2018 Sunday ,28 October
Harry and Meghan receive traditional Maori welcome in New Zealand
GMT 20:53 2016 Friday ,02 December
UAE Consul-General takes part in Chinese People's Political
GMT 05:54 2018 Thursday ,06 September
In one school, 25% of Kerela students yet to return affected by the devastating floods in the state
GMT 21:10 2016 Saturday ,24 September
Vietnamese tennis players win F5 Men's Future doubles
GMT 18:53 2017 Monday ,24 April
Qatari Amir receives UN envoy
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor