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

Previous Story

5,159 Afghan refugees return home

Next Story

Iran explores alternative banking mechanism to promote trade with India

Latest from Arab News

Saudi Arabia to receive forces under Mecca Defence Alliance

Saudi Arabia, Pakistan and Turkiye have activated collective-defence commitments, agreeing to deploy military capabilities as regional tensions and threats against the Kingdom persist…reports Asian Lite News Desk Saudi Arabia, Pakistan and Turkiye

India-UAE Trade Ties in Focus

India and the UAE have discussed expanding bilateral trade, investment and business partnerships amid broader economic cooperation…reports Asian Lite News Desk India and the United Arab Emirates (UAE) discussed ways to further

Iran Hits Back at UK Over RAF Fairford Claim

Tehran rejects British claims of Iranian involvement as police continue investigating arrests near the US-linked RAF base….reports Asian Lite News Desk Iran has rejected claims by the UK government that Tehran played
Go toTop

Don't Miss

Jordan Quells Pro-Palestinian Protesters Heading West Bank Border

Jordan had concerns about the potential for an expanded regional

Mohamed bin Zayed, Israeli PM hold talks

The UAE and Israel have agreed to set up a