Arab Today, arab today 3 billion is kfaed\s contribution in asia
Last Updated : GMT 21:09:51
Arab Today, arab today
Arab Today, arab today

$3 billion is KFAED\'s contribution in Asia

Arab Today, arab today

Arab Today, arab today $3 billion is KFAED\'s contribution in Asia

Kuwait - KUNA

Some USD three billion is Kuwait Fund for Arab Economic Development (KFAED) contribution in Asia so far, the Fund\'s Director General Abdulwahab Al-Bader said Saturday. \"The contribution covers around 170 different projects in more than 20 Asian countries,\" Al-Bader told reporters on the occasion of launching preparatory meetings of the Asia Cooperation Dialogue (ACD), which kicked off at senior officials\' level earlier today. Al-Bader noted that the projects cover agriculture, transportation, communications, energy, industry, water, healthcare and education sectors among others. \"These projects are of various developmental objectives and would enable beneficiary countries provide basic needs for their citizens, as well as improving their living standards and lowering poverty level. \"The projects would also provide infrastructure needed to commence social and economic ventures, thus, set the stage for the private sector to chip in,\" he said. Al-Bader termed the ACD Summit, due October 16-17, a \"qualitative leap\" in the area of cooperation among Asian countries, as it \"opens new horizons for economic reforms in an economically-challenged world.\" KFAED is the first institution in the Middle East that took an active role in international development efforts, extending loans on concessionary term to finance development projects in more than 104 developing countries. Established in 1961, the Fund also provides technical assistance to finance the costs of the feasibility studies of projects, as well as training nationals of the borrowing countries. In addition, the Fund subscribes in the capital of international and regional development institutions. Since 1974, the Fund started providing assistance to non-Arab countries, forming a solid bridge of friendship and solidarity between the State of Kuwait and these developing nations.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today 3 billion is kfaed\s contribution in asia Arab Today, arab today 3 billion is kfaed\s contribution in asia

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today 3 billion is kfaed\s contribution in asia Arab Today, arab today 3 billion is kfaed\s contribution in asia

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday