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: February 5, 2016
INTERNATIONAL. "Saudi regional leadership amounts to exploitation of a window of opportunity rather than reliance on the assets and power needed to sustain it. That window of opportunity exists as long as the obvious regional powers - Iran, Turkey and Egypt - are in various degrees of disrepair."
date:Posted: February 5, 2016
UAE. According to "When Women Thrive" Global Report, 10-year forecast shows Europe and North America struggling to achieve workforce equality; Asia and Middle East ranked lowest; Only 9% of organizations offer women-focused health, financial wellness; Leaders urged to focus on executive engagement and pay equity.
date:Posted: February 4, 2016
INTERNATIONAL. Russians potentially enter any discussions with a weaker hand. The Saudis and their Gulf Arab allies probably can withstand lower prices longer than the Russians. Russia lacks the financial resources the Saudis and their Gulf Arab allies have at their disposal.
UAE. According to "When Women Thrive" Global Report, 10-year forecast shows Europe and North America struggling to achieve workforce equality; Asia and Middle East ranked lowest; Only 9% of organizations offer women-focused health, financial wellness; Leaders urged to focus on executive engagement and pay equity.
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