{"id":637582,"date":"2017-11-20T04:08:30","date_gmt":"2017-11-20T04:08:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/kuwait-economic-development-fund-to-contribute-egp-1-bn-to-sinai-development-projects\/"},"modified":"2017-11-20T04:08:30","modified_gmt":"2017-11-20T04:08:30","slug":"kuwait-economic-development-fund-to-contribute-egp-1-bn-to-sinai-development-projects","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/kuwait-economic-development-fund-to-contribute-egp-1-bn-to-sinai-development-projects\/","title":{"rendered":"Kuwait Economic Development fund to contribute EGP 1 bn to Sinai development projects"},"content":{"rendered":"<p><strong>Kuwait Economic Development fund to contribute EGP 1 bn to Sinai development projects:<\/strong> 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 href=\"http:\/\/www.miic.gov.eg\/Front\/Media\/NewsDetail.aspx?SLang=A&MedId=8496\">a ministry statement says<\/a>. Under the first agreement, KWD 12.5 mn will be allocated to establishing and developing infrastructure for drinking water in El Arish under the government\u2019s development strategy for the Sinai Peninsula. The second agreement will see KWD 5 mn allocated to the reclamation of 400 feddans in North Sinai for agriculture and farming. The new agreements are part of the Kuwaiti fund\u2019s financing framework for development projects in the Sinai, which will see it provide some USD 900 mn in funding over the course of three years.<\/p>\n<p><strong>Nasr also <\/strong><a href=\"http:\/\/www.miic.gov.eg\/Front\/Media\/NewsDetail.aspx?SLang=A&MedId=8495\"><strong>discussed cooperation<\/strong><\/a><strong> with Romania\u2019s Business, Trade, and Entrepreneurship Minister Ilan Laufer yesterday. <\/strong>The two officials agreed to bring into effect four MoUs that had been signed during Nasr\u2019s visits to <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/30\/egypt-signs-mous-with-romania-to-promote-agricultural-investments-economic-cooperation\/\">Romania in July<\/a> on collaboration agriculture-focused investments and SME development. Egypt and Romania had also <a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/30\/romania-egypt-sign-agreements-on-tourism-scrapping-diplomat-visa-requirements\/\">inked agreements in August<\/a> on tourism promotion and scrapping visa requirements for diplomats.<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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. Under the first agreement, KWD 12.5 mn will [&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-637582","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"b3d71c7b-f33d-45e4-a792-c138174d3d53","order":"0","is_powered_by":true,"section_story_id":"08d025e9-cecb-4d00-ba44-1098b3d37336","story_type":"1","photo_url":"","photo_position":"above","related_issue":[637565],"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>Kuwait Economic Development fund to contribute EGP 1 bn to Sinai development projects - 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\/2017\/11\/20\/kuwait-economic-development-fund-to-contribute-egp-1-bn-to-sinai-development-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kuwait Economic Development fund to contribute EGP 1 bn to Sinai development projects\" \/>\n<meta property=\"og:description\" content=\"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. Under the first agreement, KWD 12.5 mn will [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/kuwait-economic-development-fund-to-contribute-egp-1-bn-to-sinai-development-projects\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-20T04:08:30+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\/2017\/11\/20\/kuwait-economic-development-fund-to-contribute-egp-1-bn-to-sinai-development-projects\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/kuwait-economic-development-fund-to-contribute-egp-1-bn-to-sinai-development-projects\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Kuwait Economic Development fund to contribute EGP 1 bn to Sinai development projects\",\"datePublished\":\"2017-11-20T04:08:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/kuwait-economic-development-fund-to-contribute-egp-1-bn-to-sinai-development-projects\/\"},\"wordCount\":202,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/kuwait-economic-development-fund-to-contribute-egp-1-bn-to-sinai-development-projects\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/kuwait-economic-development-fund-to-contribute-egp-1-bn-to-sinai-development-projects\/\",\"name\":\"Kuwait Economic Development fund to contribute EGP 1 bn to Sinai development projects - 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The\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":623235,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/23\/egyptian-cabinet-signs-off-on-foreign-funding-for-sinai-infrastructure-projects\/","url_meta":{"origin":637582,"position":2},"title":"Egyptian cabinet signs off on foreign funding for Sinai infrastructure projects","author":"enterpriseam admin","date":"23 October 2018","format":false,"excerpt":"Cabinet signs off on Kuwaiti funding for infrastructure projects on mainland and in Sinai: The cabinet economic group signed off on Monday on an additional KWD 25 mn (c.USD 82 mn) loan from the Kuwait Fund for Arab Economic Development (KFAED) to continue the construction of a sewage treatment facility\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":599588,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/03\/egypts-cabinet-approves-three-funding-facilities-for-water-projects\/","url_meta":{"origin":637582,"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":651044,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/02\/house-sanctions-kwd-50-mn-loan-for-sinai-development-projects\/","url_meta":{"origin":637582,"position":4},"title":"House sanctions KWD 50 mn loan for Sinai development projects","author":"enterpriseam admin","date":"2 February 2017","format":false,"excerpt":"The House of Representatives approved a KWD 50 mn (USD 164 mn) loan from the Arab Fund for Social and Economic Development on Tuesday meant to finance water exploration and agricultural projects in Sinai, Ahram Gate reported. The projects are part of a tripartite development plan for the area that\u2026","rel":"","context":"In &quot;Egypt Politics + Economics&quot;","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":630237,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/govt-pledges-egp-275-bn-for-sinai-development-over-four-years\/","url_meta":{"origin":637582,"position":5},"title":"Gov\u2019t pledges EGP 275 bn for Sinai development over four years","author":"enterpriseam admin","date":"16 April 2018","format":false,"excerpt":"Gov\u2019t pledges EGP 275 bn for Sinai development over four years: Yesterday also saw Prime Minister Sherif Ismail deliver a speech to the House on the government\u2019s spending plans to develop Sinai, which he says will cost EGP 275 bn over the coming four years. 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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/637582","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=637582"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/637582\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/637565"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=637582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=637582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=637582"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=637582"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=637582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}