Wednesday 25 December 2024
 
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Arab fund

IMF-Arab Fund forum calls for development action

The IMF Middle East Center for Economics and Finance (CEF) in Kuwait, jointly with the Arab Fund for Economic and Social Development (AFSED), held a high-level symposium that discussed economic policies to achieve inclusive development in the Ar

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Arab fund provides $46m for Jordan road project

The Arab Fund for Economic and Social Development has provided a soft loan worth $46.27 million to Jordan for a major road project. The loan will contribute to financing the Salt Ring Road (eastern section). Jordan&

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Scholarship fund for Arab students in MIT

The Massachusetts Institute of Technology’s Arab Alumni Association (MIT AAA) has created a scholarship fund to support Arab students admitted into MIT. The MIT AAA Fund will be used to provide undergraduate financial assistance to studen

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Pan-Mena energy grid under study

The Arab Fund for Economic and Social Development has commissioned a feasibility study for creating a single energy market from Morocco to Oman, the Italy-based consultancy who will conduct it said on Monday. CESI Middle East has been con

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Kuwait proposes $7bn fund for Arab firms

Kuwait will propose Arab states  create an up to $7 billion fund to support Arab companies amid the global financial crisis, a newspaper said on Thursday. The Kuwait Times, citing ruler Sheikh Sabah Al-Ahmad Al-Sabah, said details wil

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