Egypt signs MOU for Kuwait fund help with railway projects
Source: BI-ME with Bloomberg , Author: Posted by BI_ME staff
Posted: Sun May 13, 2012 9:26 pm

EGYPT. Egypt signed a memorandum of understanding with the Kuwait Fund for Arab Economic Development to provide technical assistance worth about US$2.2 million for railway-related projects, the state-run news agency reported.

The fund will finance technical and economic feasibility studies for projects including a new railway signaling system, the Middle East News Agency said. The money will help finance “consultative services,” for the projects, it said.


 

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 31, 2014
INTERNATIONAL. In his latest interview with The Gold Report, the 321gold.com founder delivers a frank overview of U.S. international policy and lambasts commentators who look to their tea leaves in search of the next market moves.
date:Posted: October 31, 2014
INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
date:Posted: October 30, 2014
UAE. GCC corporate earnings strength intact; Regional bonds unaffected by global shocks; Central Banks support financial markets.
INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
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