Today: 24 October 2025
9 June 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

World Court slams Israel

The International Court of Justice says Israel must uphold human rights and ensure humanitarian aid reaches Palestinians, adding moral pressure on Tel Aviv amid Gaza’s worsening crisis….reports Asian Lite News The International

Arab world blasts Israel’s annexation bid

Arab and Muslim nations unite to denounce Israel’s West Bank annexation bills, citing international law and ICJ rulings, as Israel freezes legislation amid global diplomatic pressure. A broad coalition of Arab and

US pressures Israel on West Bank

Arab and Muslim countries, which the US has been courting to provide troops and money for a stabilization force in Gaza have warned that annexation of the West Bank is a red

Tel Aviv Halts Progress on West Bank Bills

The vote was carried out during US Vice-President J.D. Vance’s visit to the country….reports Asian Lite News Israel has frozen the West Bank annexation bills that had cleared a preliminary vote in

India, Oman Cement Defence Partnership

The officials of two nations also held talks on capability development, professional military education and new avenues for partnership…reports Asian Lite News The Indian Army and Royal Army of Oman held the
Go toTop

Don't Miss

DUBAI: Preserving The Heritage

Abdullah bin Dalmook, CEO of the Hamdan bin Mohammed Heritage

Kia partners with Rafa Nadal Academy in Kuwait

The partnership now includes the academy in the Middle East