Today: 8 January 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

Iran, Saudi Pledge Stronger Ties

Rahimi on Sunday expressed satisfaction with the resumption of friendly relations between the two countries since 2023…reports Asian Lite News Iranian Justice Minister Amin-Hossein Rahimi held a meeting with Saudi Ambassador to

Asia-Arab Ties to Forge Global Partnerships

As Oman continues to build its reputation as a critical global trade hub, the Asian Arab Chamber of Commerce and IETO are committed to continuing these efforts through a series of followup

UN Chief Calls Out Israel on Syria

Guterres underscored that Israel and Syria must uphold the terms of the 1974 Disengagement of Forces Agreement, which remains fully in force…reports Asian Lite News UN Secretary-General Antonio Guterres has urged Israel
Go toTop

Don't Miss

25 African nations ‘least’ water-secure

Despite global Sustainable Development Goals and commitments made in 2015,

Bein MEDIA GROUP host aspiring youth from TF1 Foundation

TF1 Group was founded in 2006 to provide professional opportunities