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: September 1, 2014
UAE. The Middle East's top brands have grown by an average of 38%, according to The Brand Finance Middle East 50; This brings the total value of the top 50 above US$50 billion for the first time; Emirates holds the top spot and remains far ahead of the rest.
date:Posted: September 1, 2014
SAUDI ARABIA. Consumer spending also remained robust; Non-oil exports rebound owing to greater production of petrochemicals and plastics.
date:Posted: September 1, 2014
INTERNATIONAL. Oil markets since 2011 have become less price sensitive to actual supply disruptions, especially to those geopolitical events that have taken place since the Arab Spring.
UAE. The Middle East's top brands have grown by an average of 38%, according to The Brand Finance Middle East 50; This brings the total value of the top 50 above US$50 billion for the first time; Emirates holds the top spot and remains far ahead of the rest.
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