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Sabah Al Khaled Al-Hamad Al-Sabah

Sabah Al Khaled Al-Hamad Al-Sabah latest

Egypt and Kuwait also inked a framework agreement to finance the second phase of the Sinai development programme at a value of $1 billion up to 2022.
October 28th, 2019 - 08:37 GMT

Kuwait Group Ink $85 Million Deal With Egypt to Fund Tunnel Road

Kuwait Fund for Arab Economic Development (KFAED) signed a funding agreement worth KD26 million ($85.3 million) with Egypt to finance the Tunnel Road at Sharm El Sheikh. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-4…","video_id":"4e8dbd33-5fd5-480c-9ed1-b944b8f49d76","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Top 10 World’s Workplaces 2019"} The scope of work includes the construction of a road running about 350 km long to a six-lane asphalt road (three lanes in each direction with a width of 3.6 m per lane), a middle island with a ...
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