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Saudi Arabia adds to World Bank "transition fund" for Arab Spring economies

transition fund” that aims to ease the economic situation in nations affected by the Arab Spring, the Kingdom ... “transition fund” that aims to ease the economic situation in nations affected by the Arab Spring, the Kingdom ... as the Deauville-partnership, which plan to donate $165 million to the fund, according to a report, published by the Saudi ...

14/10/2012 - 06:01 - comment 0

Irony much? Arab Spring economies keen on private investments as way out of their troubles

Today’s event is an opportunity for the Arab countries in transition to make their case ... at the G8 Deauville Partnership Investment Conference in London. Delegates were welcomed by Alistair ... is an integral part of our overall theme for the UK’s G8 and Deauville Presidency, which is the ‘golden thread’ ...

19/09/2013 - 08:28 - comment 0

UK to set up 'Arab Spring' asset recovery team

Tunisia, Libya, Jordan, Morocco and Yemen,” but added. The Deauville Transition Fund has been funded ... stake in a fund registered in the British Virgin Islands, the fund’s co-owners EFG Hermes said. ... assets. He has received around $880,000 annually from the fund since it was incorporated in July 2002, ...

29/04/2013 - 10:37 - comment 0

G8 to help Arab Spring economies

Partnership. The Deauville Partnership with Arab Countries in Transition, formed in the aftermath ... The Group of Eight (G8) nations u nder the presidency of the UK will assist Arab nations in transition ... in transition to build SMEs and recover assets illegally kept in G8 nations or anywhere else, said Dominic ...

22/01/2013 - 10:09 - comment 0

Economies in transition: Why only the GCC is forecasted to prosper in the Middle East in 2014

The ongoing challenges in countries undergoing transition – including Egypt, Jordan, Libya, Morocco, Syria, ... transition countries will remain below par , averaging closer to 3 per cent, said the National Bank of Kuwait in its 2014 outlook. While the regional and international aid has helped to stabilize transition ...

14/01/2014 - 14:25 - comment 0

UK pledges more support for Egypt in new role as head of G8

the Deauville process to translate pledges of support into action. The G8 is a forum for the governments ... the Deauville process “is the best way to support Egypt as the big countries, including the UK, which wish ... this process forward," he said. The G8 launched the Deauville Initiative during May 2011 G8 Summit ...

03/01/2013 - 11:57 - comment 0

Life support, but not a cure: an inside look into the aid packages that are (barely) keeping Egypt together

by the transition fund for the Middle East and North Africa (MENA) under the umbrella of Deauville’s partnership ... announced the launch of eight new regional projects valued at EGP 260m; the projects will be funded ... by the Egyptian Social Fund for Development and will create 8.5m temporary jobs and 2,300 permanent ones. ...

28/05/2014 - 06:54 - comment 0

Arab Spring to get $40 billion in aid

to provide $40 billion in funding for Arab nations trying to establish free democracies, officials said ... are aiming to provide $40 billion in funding for Arab nations trying to establish free democracies, officials ... Beyond the institutional funding, the French official said the aim was for another $20 billion ...

Editor's Choice - 01/06/2011 - 13:41 - comment 0

Transitioning to natural gas conserves billions in Lebanon

trained local personnel and suggested that a sovereign investment fund be created to collect proceeds from ...

29/04/2012 - 13:52 - comment 0

World Bank to fund development projects in Yemen

The World Bank (WB) has announced to fund in Yemen ... has announced to fund in Yemen three new projects at a total cost of US$ 206 million. At a press ... that worth US$ 700 million to support reconstruction efforts and transition process, represent the first ...

17/02/2013 - 12:30 - comment 0