{"id":563845,"date":"2021-07-26T04:00:35","date_gmt":"2021-07-26T04:00:35","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/26\/kwd-5-5-mn-kuwait-fund-for-arab-economic-development-loan-ratified\/"},"modified":"2021-07-26T04:00:35","modified_gmt":"2021-07-26T04:00:35","slug":"kwd-5-5-mn-kuwait-fund-for-arab-economic-development-loan-ratified","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/26\/kwd-5-5-mn-kuwait-fund-for-arab-economic-development-loan-ratified\/","title":{"rendered":"KWD 5.5 mn Kuwait Fund for Arab Economic Development loan ratified"},"content":{"rendered":"<p><strong>The North Sinai cities of Rafah and Bir Al Abd will be getting new water desalination<\/strong> <strong>plants,<\/strong> after President Abdel Fattah El Sisi ratified a <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3ef08409-5977-4816-915a-9daf6cf04c63\">KWD 5.5 mn loan agreement<\/a> between Egypt and the Kuwait Fund for Arab Economic Development, according to a decision published in the <a href=\"https:\/\/ent.news\/2021\/7\/Sisi-decree-1.pdf\">Official Gazette (pdf)<\/a>.<\/p>\n<p><strong>A draft bill to protect and increase production at Egypt\u2019s fisheries was approved in <\/strong><strong>principle by the House yesterday<\/strong>, <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/2384578\">Al Masry Al Youm<\/a> reports. The new law aims to regulate the establishment of fish farms, while protecting lakes and fisheries against pollution and land encroachment, Agriculture Minister Al Sayed El Quseir <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/2384654\">told lawmakers<\/a> during the session yesterday.<\/p>\n<p><strong>What does the bill entail?<\/strong> A regulatory body, affiliated to the cabinet, will be set up to manage Egyptian lakes in a bid to double their fish production. Under the bill, the authority will issue licenses for fish farms and fish processing projects, as well as regulate fishing ports and other related operations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The North Sinai cities of Rafah and Bir Al Abd will be getting new water desalination plants, after President Abdel Fattah El Sisi ratified a KWD 5.5 mn loan agreement between Egypt and the Kuwait Fund for Arab Economic Development, according to a decision published in the Official Gazette (pdf). A draft bill to protect [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7344],"tags":[96,4148,101,72,7111,2410,963,187,2409,364],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-563845","post","type-post","status-publish","format-standard","hentry","category-legislation-watch","tag-abdel-fattah-el-sisi","tag-agriculture-minister-al-sayed-el-quseir","tag-development-finance","tag-enterpriseam","tag-infrastructure","tag-kuwait-fund-for-arab-economic-development","tag-law","tag-legislation-watch","tag-north-sinai","tag-water","wpautop","entry"],"acf":{"mongo_id":"ebed441e-9c79-4b09-8c9f-1b3177c5f597","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[563833],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>KWD 5.5 mn Kuwait Fund for Arab Economic Development loan ratified - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/26\/kwd-5-5-mn-kuwait-fund-for-arab-economic-development-loan-ratified\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KWD 5.5 mn Kuwait Fund for Arab Economic Development loan ratified\" \/>\n<meta property=\"og:description\" content=\"The North Sinai cities of Rafah and Bir Al Abd will be getting new water desalination plants, after President Abdel Fattah El Sisi ratified a KWD 5.5 mn loan agreement between Egypt and the Kuwait Fund for Arab Economic Development, according to a decision published in the Official Gazette (pdf). A draft bill to protect [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/26\/kwd-5-5-mn-kuwait-fund-for-arab-economic-development-loan-ratified\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-26T04:00:35+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/26\/kwd-5-5-mn-kuwait-fund-for-arab-economic-development-loan-ratified\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/26\/kwd-5-5-mn-kuwait-fund-for-arab-economic-development-loan-ratified\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"KWD 5.5 mn Kuwait Fund for Arab Economic Development loan ratified\",\"datePublished\":\"2021-07-26T04:00:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/26\/kwd-5-5-mn-kuwait-fund-for-arab-economic-development-loan-ratified\/\"},\"wordCount\":170,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Abdel Fattah El Sisi\",\"Agriculture Minister Al Sayed El Quseir\",\"development finance\",\"EnterpriseAM\",\"infrastructure\",\"Kuwait Fund for Arab Economic Development\",\"law\",\"Legislation Watch\",\"North Sinai\",\"water\"],\"articleSection\":[\"LEGISLATION WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/26\/kwd-5-5-mn-kuwait-fund-for-arab-economic-development-loan-ratified\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/26\/kwd-5-5-mn-kuwait-fund-for-arab-economic-development-loan-ratified\/\",\"name\":\"KWD 5.5 mn Kuwait Fund for Arab Economic Development loan ratified - 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The agreement was signed in\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598804,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/09\/egypts-el-sisi-ratifies-kwd-70-mn-loan-for-new-sewage-treatment-facility\/","url_meta":{"origin":563845,"position":1},"title":"Egypt\u2019s El Sisi ratifies KWD 70 mn loan for new sewage treatment facility","author":"enterpriseam admin","date":"9 June 2019","format":false,"excerpt":"El Sisi ratifies KWD 70 mn loan for new sewage treatment facility: President Abdel Fattah El Sisi has ratified a KWD 70 mn loan agreement signed last year with the Arab Fund for Economic and Social Development to finance a new sewage treatment facility in Sharqia\u2019s Bahr El Baqar. The\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575301,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/11\/diplo-foreign-trade-on-11-october-2020\/","url_meta":{"origin":563845,"position":2},"title":"Diplo + Foreign Trade on 11 October 2020","author":"enterpriseam admin","date":"11 October 2020","format":false,"excerpt":"Topping diplomacy news this morning: Egypt\u2019s maritime border demarcation agreement with Greece got signoff from President Abdel Fattah El Sisi yesterday, according to a decree published in the Official Gazette. The agreement, signed in August and ratified by the Egyptian and Greek parliaments, competes with a separate pact between Turkey\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637582,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/kuwait-economic-development-fund-to-contribute-egp-1-bn-to-sinai-development-projects\/","url_meta":{"origin":563845,"position":3},"title":"Kuwait Economic Development fund to contribute EGP 1 bn to Sinai development projects","author":"enterpriseam admin","date":"20 November 2017","format":false,"excerpt":"Kuwait Economic Development fund to contribute EGP 1 bn to Sinai development projects: Investment Minister Sahar Nasr signed two agreements worth EGP 1 bn (KWD 17.5 mn) with the Kuwait Fund for Arab Economic Development yesterday to support development projects in North Sinai, a ministry statement says. 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Turkish Foreign Minister Mevlut Cavusoglu said the call for a ceasefire \u201cdoes not seem sincere and credible,\u201d describing the agreement as \u201cstillborn\u201d because it has not been accepted by both sides, according to Hurriyet. The Donald had\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594181,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/22\/egypt-signs-usd-1-9-bn-worth-of-financing-agreements-with-kuwait\/","url_meta":{"origin":563845,"position":5},"title":"Egypt signs USD 1.9 bn-worth of financing agreements with Kuwait","author":"enterpriseam admin","date":"22 October 2019","format":false,"excerpt":"Egypt signs USD 1.9 bn-worth of financing agreements with Kuwait: Egypt signed yesterday two financing agreements with the Kuwait Fund for Arab Economic Development (KFAED), including one that will see KFAED dole out USD 1 bn over three years to finance the second phase of development plans in the Sinai\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/563845","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=563845"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/563845\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/563833"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=563845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=563845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=563845"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=563845"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=563845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}