Wednesday 22 November 2017
Arab fund

Arab fund provides $46m for Jordan road project

The Arab Fund for Economic and Social Development has provided a soft loan worth $46.27 million to Jordan for a major road project. The loan will contribute to financing the Salt Ring Road (eastern section). Jordan&


Scholarship fund for Arab students in MIT

The Massachusetts Institute of Technology’s Arab Alumni Association (MIT AAA) has created a scholarship fund to support Arab students admitted into MIT. The MIT AAA Fund will be used to provide undergraduate financial assistance to studen


Pan-Mena energy grid under study

The Arab Fund for Economic and Social Development has commissioned a feasibility study for creating a single energy market from Morocco to Oman, the Italy-based consultancy who will conduct it said on Monday. CESI Middle East has been con


Kuwait proposes $7bn fund for Arab firms

Kuwait will propose Arab states  create an up to $7 billion fund to support Arab companies amid the global financial crisis, a newspaper said on Thursday. The Kuwait Times, citing ruler Sheikh Sabah Al-Ahmad Al-Sabah, said details wil

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