Thursday 28 March 2024
 
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KFAED

Egypt wins $131m Kuwait funding for desal projects

Kuwait Fund for Arab Economic Development (KFAED) said it has signed a deal with Egyptian government to provide funding worth KD15 million ($50 million) for the construction of four water desalination plants in South Sinai region of the country.

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Egypt water project wins $42m Kuwait funding

The Kuwait Fund for Arab Economic Development, (KFAED) on Sunday signed a loan agreement with Egypt worth KD12.5 million ($42.5 million) to fund a project that will provide drinking water in the Sinai Peninsula. The project is tar

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Egypt water project wins $42m Kuwait funding

The Kuwait Fund for Arab Economic Development, (KFAED) on Sunday signed a loan agreement with Egypt worth KD12.5 million ($42.5 million) to fund a project that will provide drinking water in the Sinai Peninsula. The project is tar

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Kuwait Fund inks Bahrain road construction deal

Bahrain has signed a multi-million dollar agreement with the Kuwait Fund for Arab Economic Development (KFAED). Bahrain will receive $196 million, as part of the GCC Gulf Development Programme, to construct and revamp the road net

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Bahrain inks $52.5 million power network deal

Bahrain has secured a BD19.8 million ($52.5 million) deal with the Kuwait Fund for Arab Economic Development (KFAED) to upgrade its electricity network. 'The loan will cover part of the 220kV and 66kV transportation development grid as

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KFAED backs Lebanon projects

Kuwait Fund for Arab and Economic Development (KFAED) is financing a host of development projects in Lebanon as part of Kuwait's donation for reconstruction. Twelve financing pacts were signed by the KFAED resident representative in Lebano

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