June 9, 2022
1 min read

Jordan secures $38.3 million loan from Kuwait to finance education

Jordan secured a $38.3 million loan from the Kuwait Fund for Arab Economic Development to finance Jordan’s public education infrastructure…reports Asian Lite News

The loan given on Wednesday is part of a new bilateral agreement on supporting Jordan’s economic and social development, including building 12 new schools across the kingdom, Jordan’s Ministry of Planning and International Cooperation said in a statement.

The schools would open 12 to 36 classrooms each to cover the growing demand for public education from kindergarten to secondary school, Xinhua news agency reported.

ALSO READ: Jordan, UAE launch $100mn tech fund

Jordan’s Planning and International Cooperation Minister, Nasser Shraideh said the agreement is part of Kuwait’s pledges to support Jordan’s economic and social development, adding the government looks forward to strengthening cooperation with Kuwait.

Previous Story

5,159 Afghan refugees return home

Next Story

Iran explores alternative banking mechanism to promote trade with India

Latest from Arab News

Hamas Declares Gaza a ‘Disaster Zone’

Hamas Declares Gaza a ‘Disaster Zone’ as Crisis Deepens…reports Asian Lite News Hamas declared the Gaza Strip a “disaster zone”, warning of an unprecedented catastrophe that threatens the lives of its over

Israel Expands West Bank Ops

The official Palestinian news agency WAFA reported that Israeli ground troops and bulldozers raided the area…reports Asian Lite News The Israeli military said on Sunday that it has expanded its major campaign

Lammy Meets Tunisian Leader 

The Tunisian president discussed the potential for enhanced cooperation, both bilaterally and multilaterally, to address regional and global challenges…reports Asian Lite News Tunisian President Kais Saied met David Lammy, Secretary of State

UAE Gears Up For Major Events 

With global participation, the UAE strengthens its status in business tourism….reports Asian Lite News In February 2025, the UAE will host a series of major conferences, exhibitions, and events that reflect its

Return of the Gazans 

The smell of gunpowder still hung in the air, a testament to the violence that had ravaged the area….reports Asian Lite News The landscape of Gaza City and the northern Gaza Strip
Go toTop

Don't Miss

Afghanistan to import 100 MW of electricity from Iran

Afghanistan will import up to 100 megawatts of electricity from

Emiratis to get paid leave for starting business

The UAE Cabinet on Thursday approved the rules of the