
The Egyptian Minister of Planning Ashraf El-Arabi announced that the Kuwaiti financial aid approach to Egypt is imminent, commending the sustainable cooperation between the two nations. The Kuwaiti aid offered to Egypt is estimated at USD 4 billion - USD three billion of which will be distributed by USD two billion as an interest-free deposit at the Egypt Central Bank, and a remaining USD one billion offered in the form of petroleum derivates. El-Arabi added that any aid offered to Egypt does not necessarily come in the form of financial grants, but more importantly comes through attractions of foreign investments which results in increasing the national growth rate, besides offering new job opportunities.
GMT 17:19 2018 Thursday ,11 January
China factory gate inflation slows to 13-month lowGMT 17:50 2018 Wednesday ,10 January
German industrial output rebounds in NovemberGMT 17:39 2018 Wednesday ,10 January
Samsung tips record Q4 operating profit of more than $14 bnGMT 17:29 2018 Tuesday ,09 January
German industrial orders dip in NovemberGMT 15:36 2018 Thursday ,04 January
China factory activity accelerated in December: CaixinGMT 13:33 2018 Wednesday ,03 January
Turkey inflation rate eases but still stubbornly high in DecemberGMT 16:27 2018 Monday ,01 January
China manufacturing activity slows in DecemberGMT 17:36 2017 Sunday ,31 December
Spain to leave EU's deficit 'sin bin' next year: Rajoy
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor