Kuwait Fund for Economic Development: 21% of Loans Dedicated to Agriculture
Kuwait
Kuwait - QNA
Kuwait Fund for Arab Economic Development (KFAED) announced that 21% of its total loans were used to develop 197 agricultural projects worth KD 969 million until end of 2015.
The fund focused on agricultural projects due to their high economic and social outcome, said KFAED in a study published by Kuwait News Agency (KUNA) on Wednesday, adding that 40% of these projects are executed in Arab countries.
The projects aimed to boost living standards for citizens of rural areas, provide sufficient amount of food and reduce the rate of immigration to cities.
KFAED is also working to resolving issues preventing the development of agriculture in these areas, including weak infrastructure and low budget, the study added.
The fund includes 22 countries with seven being Arab states, said KFAED, adding that it also provides loans to support small farmers.
GMT 22:17 2016 Saturday ,26 November
KFAED grants Tunisia $74m loanGMT 05:07 2016 Wednesday ,24 August
KFAED Signs $138M Deal with BahrainGMT 19:41 2016 Monday ,13 June
Kuwait Fund for Economic Development Funded 100 Water, Irrigation ProjectsGMT 15:59 2016 Friday ,03 June
Kuwait, Tunisia signed KD22 million loan agreementGMT 19:49 2016 Tuesday ,15 March
Egypt, Kuwait Fund for Arab Economic Development sign $ 108m loan deal
- Monday ,13 June GMT 19:41 2016 Kuwait Fund for Economic Development Funded 100 Water, Irrigation Projects
- Tuesday ,15 March GMT 19:49 2016 Egypt, Kuwait Fund for Arab Economic Development sign $ 108m loan deal
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 16:17 2018 Thursday ,30 August
Five Saudi women pilots granted GACA licences
GMT 23:58 2018 Sunday ,07 January
Egypt Copts mark Christmas Eve after bloody yearGMT 11:53 2011 Tuesday ,18 October
It\'s a scream
GMT 12:24 2018 Thursday ,04 January
Federer cruises towards Australian Open with another Hopman Cup winGMT 04:18 2013 Wednesday ,29 May
LG launches White Nexus 4 phone
GMT 08:41 2017 Friday ,06 January
Iraqi forces fight fierce clashes in Mosul
GMT 00:24 2017 Monday ,23 October
Five Saudi-paid mercenaries killed in JawfGMT 16:41 2012 Friday ,17 February
$6 trillion in fake US bonds seizedGMT 06:16 2013 Friday ,22 February
Facebook may improve memory in elderlyGMT 14:07 2012 Tuesday ,07 February
Qasemi: iranian sanctions ineffective
GMT 13:34 2011 Tuesday ,26 July
Deutsche Bank appoints Indian head
GMT 13:19 2016 Thursday ,20 October
Road to Pyeongchang begins
GMT 08:19 2015 Wednesday ,05 August
Kerry to meet Russia's Lavrov in Malaysia
GMT 21:29 2014 Monday ,27 October
Sunshine may slow weight gain, diabetes onsetGMT 11:07 2011 Friday ,08 July
Etihad unveils special A330-200
GMT 01:55 2016 Sunday ,26 June
Imperious Joshua retains world boxing titleGMT 01:02 2011 Saturday ,17 December
Kim Kardashian New Store In Las Vegas
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