{"id":631279,"date":"2018-03-14T04:17:34","date_gmt":"2018-03-14T04:17:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/14\/egypt-kfaed-sign-five-loan-grant-agreements-worth-egp-5-bn\/"},"modified":"2018-03-14T04:17:34","modified_gmt":"2018-03-14T04:17:34","slug":"egypt-kfaed-sign-five-loan-grant-agreements-worth-egp-5-bn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/14\/egypt-kfaed-sign-five-loan-grant-agreements-worth-egp-5-bn\/","title":{"rendered":"Egypt, KFAED sign five loan, grant agreements worth EGP 5 bn"},"content":{"rendered":"<p><strong>Kuwait earmarks EGP 5 bn to Sinai development projects:<\/strong> Investment and International Cooperation Minister Sahar Nasr signed yesterday five agreements worth a combined EGP 5 bn (KWD 86.1 mn) with the Kuwait Fund for Arab Economic Development (KFAED) to support development projects in Sinai, according to a <a href=\"http:\/\/www.miic.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/%D9%85%D8%B5%D8%B1-%D9%88%D8%A7%D9%84%D9%83%D9%88%D9%8A%D8%AA-%D8%AA%D9%88%D9%82%D8%B9%D8%A7%D9%86-5-%D8%A7%D8%AA%D9%81%D8%A7%D9%82%D9%8A%D8%A7%D8%AA-%D9%84%D8%AF%D8%B9%D9%85-%D8%A8%D8%B1%D9%86%D8%A7%D9%85%D8%AC-%D8%AA%D9%86%D9%85%D9%8A%D8%A9-%D8%B3%D9%8A%D9%86%D8%A7%D8%A1-%D9%88%D9%85%D8%B4%D8%B1%D9%88%D8%B9-%D8%AA%D8%B5%D9%86%D9%8A%D8%B9-%D8%A7%D9%84%D8%AA%D9%85%D9%88%D8%B1-%D9%88%D9%88%D8%AB%D8%A7%D8%A6%D9%82-%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1-%D9%88%D8%A7%D9%84%D8%B3%D9%83%D8%A9-%D8%A7%D9%84%D8%AD%D8%AF%D9%8A%D8%AF%D9%8A%D8%A9-%D8%A8%D9%82%D9%8A%D9%85%D8%A9-5-%D9%85%D9%84%D9%8A%D8%A7%D8%B1.aspx\">ministry statement<\/a>. The loans include funding for a tunnel in Sharm El Sheikh, road infrastructure in the governorate, and an allocation to help finance new locomotives for Egyptian National Railways. KFAED is also providing a grant to support Egypt\u2019s economic reform program and a separate grant to fund feasibility studies on palm tree cultivation and date cultivation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kuwait earmarks EGP 5 bn to Sinai development projects: Investment and International Cooperation Minister Sahar Nasr signed yesterday five agreements worth a combined EGP 5 bn (KWD 86.1 mn) with the Kuwait Fund for Arab Economic Development (KFAED) to support development projects in Sinai, according to a ministry statement. The loans include funding for a [&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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-631279","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"ca5bb664-acfe-46ff-a118-0fc558810f26","order":"0","is_powered_by":true,"section_story_id":"7e48eac7-58c1-416a-8998-8539759c16a2","story_type":"1","photo_url":"","photo_position":"above","related_issue":[631260],"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, KFAED sign five loan, grant agreements worth EGP 5 bn - 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\/2018\/03\/14\/egypt-kfaed-sign-five-loan-grant-agreements-worth-egp-5-bn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt, KFAED sign five loan, grant agreements worth EGP 5 bn\" \/>\n<meta property=\"og:description\" content=\"Kuwait earmarks EGP 5 bn to Sinai development projects: Investment and International Cooperation Minister Sahar Nasr signed yesterday five agreements worth a combined EGP 5 bn (KWD 86.1 mn) with the Kuwait Fund for Arab Economic Development (KFAED) to support development projects in Sinai, according to a ministry statement. 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These would be financed by\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":630713,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/nasr-in-talks-with-world-bank-on-usd-1-bn-loan-to-develop-sinai\/","url_meta":{"origin":631279,"position":2},"title":"Nasr in talks with World Bank on USD 1 bn loan to develop Sinai","author":"enterpriseam admin","date":"30 April 2018","format":false,"excerpt":"Nasr in talks with World Bank on USD 1 bn loan to develop Sinai: Investment and International Cooperation Minister Sahar Nasr is talks with the World Bank for a USD 1 bn loan to develop Sinai, the minister is reported to have said, according to Al Mal. She gave no\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":599588,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/03\/egypts-cabinet-approves-three-funding-facilities-for-water-projects\/","url_meta":{"origin":631279,"position":3},"title":"Egypt\u2019s Cabinet approves three funding facilities for water projects","author":"enterpriseam admin","date":"3 January 2019","format":false,"excerpt":"CABINET WATCH- Cabinet approves three funding facilities for water projects: Cabinet ratified during yesterday\u2019s Council of Ministers meeting four agreements with preferential funding terms for water, sewage treatment and sanitation projects, according to a statement. The first, a KWD 15 mn facility from the Kuwait Fund for Arab Economic Development\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":630025,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/nasr-signs-usd-100-mn-loan-agreement-with-kfaed\/","url_meta":{"origin":631279,"position":4},"title":"Nasr signs USD 100 mn loan agreement with KFAED","author":"enterpriseam admin","date":"10 April 2018","format":false,"excerpt":"Nasr signs USD 100 mn loan agreement with KFAED: Investment and International Cooperation Minister Sahar Nasr signed yesterday the contracts for a USD 100 mn loan from the Kuwait Fund for Arab Economic Development (KFAED) to complete the financing of five water desalination plants in South Sinai, according to an\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":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":631279,"position":5},"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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