{"id":600408,"date":"2019-01-29T04:26:26","date_gmt":"2019-01-29T04:26:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/29\/egypt-to-receive-usd-1-bn-in-loans-from-kuwait-fund\/"},"modified":"2019-01-29T04:26:26","modified_gmt":"2019-01-29T04:26:26","slug":"egypt-to-receive-usd-1-bn-in-loans-from-kuwait-fund","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/29\/egypt-to-receive-usd-1-bn-in-loans-from-kuwait-fund\/","title":{"rendered":"Egypt to receive USD 1 bn in loans from Kuwait Fund"},"content":{"rendered":"<p><b>Egypt to receive USD 1 bn in loans from Kuwait Fund: <\/b>The Kuwait Fund for Arab Economic Development will provide USD 1 bn in loans to Egyptian infrastructure projects over the next three years, fund director-general Abdulwahab Al Bader <a href=\"https:\/\/www.zawya.com\/mena\/en\/business\/story\/Interview__Kuwait_Fund_to_allocate_1bln_to_Egypt_over_three_years-ZAWYA20190128045606\/\">told Zawya<\/a>. The funding is earmarked for specific electricity, water, transport, communications and irrigation projects. Kuwait is presently helping finance the <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/3\/12\/317775\/Business\/Economy\/Egypts-Sisi-approves-loan-agreements-with-Kuwait-F.aspx\">Sharm El Sheikh tunnel road<\/a> and <a href=\"https:\/\/www.kuna.net.kw\/ArticleDetails.aspx?id=2763395&Language=en\">four desalination plants<\/a> in South Sinai.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt to receive USD 1 bn in loans from Kuwait Fund: The Kuwait Fund for Arab Economic Development will provide USD 1 bn in loans to Egyptian infrastructure projects over the next three years, fund director-general Abdulwahab Al Bader told Zawya. The funding is earmarked for specific electricity, water, transport, communications and irrigation projects. Kuwait [&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":[8572],"tags":[7106,7097,168,72,7087,2410,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600408","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-debt","tag-development","tag-diplomacy","tag-enterpriseam","tag-finance","tag-kuwait-fund-for-arab-economic-development","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"bca2be11-c09d-4787-bdd9-843aa666c854","is_powered_by":true,"section_story_id":"af3b07f8-e0ea-436d-911d-ddd6ee9e03c1","story_type":"1","photo_url":"","photo_position":"above","related_issue":[600394],"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>Egypt to receive USD 1 bn in loans from Kuwait Fund - 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\/2019\/01\/29\/egypt-to-receive-usd-1-bn-in-loans-from-kuwait-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt to receive USD 1 bn in loans from Kuwait Fund\" \/>\n<meta property=\"og:description\" content=\"Egypt to receive USD 1 bn in loans from Kuwait Fund: The Kuwait Fund for Arab Economic Development will provide USD 1 bn in loans to Egyptian infrastructure projects over the next three years, fund director-general Abdulwahab Al Bader told Zawya. The funding is earmarked for specific electricity, water, transport, communications and irrigation projects. Kuwait [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/29\/egypt-to-receive-usd-1-bn-in-loans-from-kuwait-fund\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-29T04:26:26+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/29\/egypt-to-receive-usd-1-bn-in-loans-from-kuwait-fund\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/29\/egypt-to-receive-usd-1-bn-in-loans-from-kuwait-fund\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt to receive USD 1 bn in loans from Kuwait Fund\",\"datePublished\":\"2019-01-29T04:26:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/29\/egypt-to-receive-usd-1-bn-in-loans-from-kuwait-fund\/\"},\"wordCount\":80,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"debt\",\"development\",\"DIPLOMACY\",\"EnterpriseAM\",\"Finance\",\"Kuwait Fund for Arab Economic Development\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/29\/egypt-to-receive-usd-1-bn-in-loans-from-kuwait-fund\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/29\/egypt-to-receive-usd-1-bn-in-loans-from-kuwait-fund\/\",\"name\":\"Egypt to receive USD 1 bn in loans from Kuwait Fund - 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To date, Egypt has received\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":597738,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-seeks-usd-2-35-bn-facility-from-kuwait-based-fund-for-17-new-projects\/","url_meta":{"origin":600408,"position":1},"title":"Egypt seeks USD 2.35 bn facility from Kuwait-based fund for 17 new projects","author":"enterpriseam admin","date":"2 May 2019","format":false,"excerpt":"Egypt seeks additional USD 2.35 bn facility from Kuwait-based fund for 17 new projects: Egypt is holding talks with the Kuwait-based Arab Fund for Economic and Social Development (AFESD) to obtain a USD 2.35 bn facility to fund 17 new projects, according to an Investment Ministry statement (pdf). In 2018,\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":650278,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/20\/kuwait-fund-to-provide-egypt-with-usd-320-mn-in-loans-in-2017\/","url_meta":{"origin":600408,"position":2},"title":"Kuwait Fund to provide Egypt with USD 320 mn in loans in 2017","author":"enterpriseam admin","date":"20 March 2017","format":false,"excerpt":"The Kuwait Fund for Arab Economic Development (KFAED) is planning to provide Egypt with loans of around USD 320 mn throughout 2017, head of the fund Abdel Wahab Ahmed Badr tells Al Shorouk. According to Badr, Egypt\u2019s share accounts for 32% of KFAED\u2019s total planned loans for the world this\u2026","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"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":600408,"position":3},"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":[]},{"id":596702,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/04\/bdc-obtains-usd-30-mn-loan-from-kuwait-fund\/","url_meta":{"origin":600408,"position":4},"title":"BdC obtains USD 30 mn loan from Kuwait Fund","author":"enterpriseam admin","date":"4 July 2019","format":false,"excerpt":"Banque du Caire (BdC) has secured a USD 30 mn loan from the Kuwait Fund for Arab Economic Development to increase SME financing, the bank\u2019s head of SME banking, Nader Saad, told Mubasher. 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