First Independent Mena Newspaper
Egypt and Sudan Tuesday agreed to build a railway network connecting both countries, Arab Finance reports citing statement from the Egyptian side. The cooperation agreement was signed by the two countries’ transport ministries, the statement said, adding that the network will link the southern Egyptian city of Aswan and the Sudanese border city of […]
Morocco and the Kuwaiti Fund for Arab Economic Development signed a financing agreement of the second phase of the high-speed train TGV worth 474 million Dirhams. This loan attests to the strong partnership between the two countries and the interest of Kuwait in Morocco’s strategic development projects, said Morocco’s economy and finance minister Mohamed Boussaid […]
The Kuwait Fund for Arab Economic Development (KFAED) and the Tunisian government have signed a loan agreement of $88 million. The loan will help develop a transmission and distribution network of natural gas produced locally. Minister of Development and International Cooperation Lamin Al-Dughry signed the loan agreement while the Chairman of the Tunisian Company of […]
The Kuwait Fund for Arab Economic Development (KFAED) has issued a loan of over $35 million for the construction of a 135 km highway in Mauritania that will link Nema to Fasala Nere, near the Malian border. The project that will also link the Port of Nouakchott to the border crossing at northwestern Mali will […]