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Kuwait based Arab Fund to invest record $412 in Egypt

(AFESD) on Monday to finance projects in the electricity sector, a statement from the cabinet said. ... by 650MW, will be funded by AFESD’s first $200m assistance package. In December 2013, the Upper Egypt ... AFESD’s second agreement will contribute $162m to the Egyptian-Saudi electricity linkage project. ...

26/03/2014 - 05:00 - comment 0

Arab fund Grants Tunisia $36m Loan

(AFESD) granted Tunisia on Saturday a 36-million-dollar soft loan to help finance a credit developme The Arab Fund for Economic and Social Development (AFESD) granted Tunisia on Saturday a 36-million-dollar ... Daily News.  The Kuwait-based AFESD said in a statement the 22-year loan, including a five-year ...

18/05/2010 - 19:32 - comment 0

Yemen, AFESD sign US$150 million agreement

Ismail al-Arhabi and by AFESD legal advisor Hasab Allah al-Ubaid. The Deputy Prime Minister ...

13/01/2011 - 10:30 - comment 0

AFESD grants Lebanon $57 million for infrastructure development

(AFESD) has granted the government of Lebanon a 17 million Kuwaiti dinar ($57 million) loan to finance ... (AFESD) has granted the government of Lebanon a 17 million Kuwaiti dinar ($57 million) loan to finance ... will cost $16 million and will be 90 percent financed by AFESD. The second phase, to cost $33 million ...

15/08/2010 - 14:13 - comment 0

AFESD loans Yemen $80 million for road project

(AFESD) has extended an $80 million loan to the government of Yemen to finance a rural road project. ... and Social Development (AFESD) has extended an $80 million loan to the government of Yemen to finance a rural ... of roads in Yemen's rural areas, reported Saba.    Established in 1974, AFESD ...

15/08/2010 - 11:43 - comment 0

Syria to construct power stations with $50 million AFESD loans

(AFESD) has granted Syria two loans worth $50 million. The funds will finance a number of development ... and Social Development (AFESD) has granted Syria two loans worth $50 million. The funds will finance a number ... Established in 1974, AFESD is a multilateral Arab development corporation. Its membership consists of all ...

15/08/2010 - 14:11 - comment 0

AFESD allocates $23 million to Lebanese electricity network

(AFESD) recently agreed to provide the Lebanese government with seven million Kuwaiti dinars ($23 million) ... Development (AFESD) recently agreed to provide the Lebanese government with seven million Kuwaiti dinars ($23 ... in 1974, AFESD is a multilateral Arab development corporation. Its membership consists of all states ...

15/08/2010 - 14:24 - comment 0

AFESD loans Algeria $99 million for dam construction

Development (AFESD) has a agreed to loan Algeria $99 million to finance a portion of a new dam construction ... of a $202 million financing agreement, signed between Algeria and AFESD last July, when the North African ... grace period and an annual interest rate of 4.5 percent.    AFESD has so far invested $1.1 ...

15/08/2010 - 14:22 - comment 0

AFESD provides Tunisia with for dam construction

(AFESD) has agreed to grant Tunisia a KD32 million ($32 million) loan for the construction of six dams ... Development (AFESD) has agreed to grant Tunisia a 32 million Kuwaiti dinar ($32 million) loan ... will then be distributed to the nation’s capital, Tunis and the coastal regions.    Established in 1974, AFESD ...

15/08/2010 - 14:19 - comment 0

AFESD loans Egypt $55 million for pipeline construction

(AFESD) has agreed to grant Egypt a 17 million Kuwaiti dinar ($55 million) soft loan for the construction ... Development (AFESD) has agreed to grant Egypt a 17 million Kuwaiti dinar ($55 million) soft loan ... Established in 1974, AFESD is a multilateral Arab development corporation. Its membership consists of all ...

15/08/2010 - 14:21 - comment 0