Egypt approves grant proposal from Kuwaiti fund

Cairo – Mubasher: The Egyptian Cabinet has approved a project proposal by the President regarding the Kuwait Fund for Arab Economic Development’s letter to provide a grant to Egypt for producing power from solar energy. 

The grant value stands at KWD 200,000 ($652,000), according to a recent official statement.

It is noteworthy that the cooperation portfolio between Egypt and Kuwait totals $3 billion which was allocated for financing 42 development projects.

 

Mubasher Contribution Time: 05-Jan-2017 12:29 (GMT)
Mubasher Last Update Time: 05-Jan-2017 12:29 (GMT)