Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

KFAD signs USD 100 mln loan with Egypt  Join our daily free Newsletter

MENAFN - Kuwait News Agency (KUNA) - 29/03/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Kuwait News Agency (KUNA)) Kuwait Fund for Arab Economic Development (KFAD) announced signing a loan agreement of about USD 100 mln to fund Asyut steam power plant with a capacity of 650 MW



Egyptian Minister of Electricity and Renewable Energy Mohammad Shakir said in a statement on Friday that he will attend the agreement signing next week in Cairo. The power plant project aims to meet the increasing demands on energy in the country, sai Shakir, noting that the electricity sector has already set development plans for 2012-2017




The investment cost of the project is estimated at EGP 5166 million, and in addition to (KFAD) the funds are also provided in cooperation with international and Arab financial organisations, namely the Arab Fund for Economic and Social Development, the Islamic Development Bank (IDB), and The OPEC Fund for International Development (OFID), said Shakir

 


Kuwait News Agency (KUNA)




  MENA News Headlines
 Feb 9 2016 - Asian rebels in Aleppo Western blind spotAsia Times
(MENAFN - Asia Times) Militants of the Uzbek group Katibat al Taqhid wal Jihad fighting at Tal Bajir in southern Aleppo However as German intelligence pointed out over 95% of the fighters in ...

 Feb 9 2016 - Jordan to increase commercial, investment trades with AlgeriaMENAFN
(MENAFN) Jordan and Algeria plan to enhance the joint free trade agreement, increase commercial exchange volume and support establishing investments in both nations.Accordingly, both sides are ...

 Feb 9 2016 - Dubai's Falcon City to invest USD 2bn in new projectsMENAFN
(MENAFN) Dubai's Falcon City proclaimed the long-delayed project will attain new life this current year with almost USD 2bn in new developments.Moreover, the project viewed only almost tenth of the ...

 Feb 9 2016 - Lulu Group expands its hypermarket in OmanMENAFN
(MENAFN) Middle East retail Lulu Group spread its presence in the Sultanate of Oman through opening its newest hypermarket in Suwiaq, a coastal town in north east of the country.Furthermore, the new ...

 Feb 9 2016 - UAE- ENEC and TRANSCO sign deal for Barakah Nuclear Power PlantEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 9th February 2016 (WAM) -- The Emirates Nuclear Energy Corporation ENEC has signed the Connection and Interface Agreement C&IA with the Abu ...

 Feb 9 2016 - UAE- Remarks by World Bank Group President Jim Yong Kim at World Government SummitEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI 9th February 2016 (WAM)--World Bank Group President Jim Yong Kim has commended the UAE leaders for good governance that helped built the modern and ...

 Feb 9 2016 - Summit in UAE that will benefit the world: paperEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 9th February 2016 (WAM) -- A UAE newspaper has said that world attention remained focused on the UAE on Monday and for valuable reasons. "The ...

 Feb 9 2016 - UN appoints Special Coordinator on improving the United Nations response to sexual exploitationEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) New York 9th February 2016 (WAM) -- UN Secretary-General Ban Ki-moon has appointed Jane Holl Lute as a Special Coordinator on improving the United Nations ...

 Feb 9 2016 - UAE- MD CEO of DEWA highlights private sector's contribution to innovating in clean energyEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI 9th February 2016 (WAM) -- Saeed Mohammed Al Tayer MD & CEO of Dubai Electricity and Water Authority DEWA has noted that Dubai provides the ...

 Feb 9 2016 - UAE Ambassador Italian Justice Minister discuss cooperationEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ROME 9th February 2016 (WAM) -- Saqr Nasser Al Raisi UAE Ambassador Extraordinary and Plenipotentiary to Italy and Andrea Orlando Italian Minister of ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help