Today: 1 June 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

UAE aid for Gaza in global focus

Titled Hope Remains, the documentary brings to light the UAE’s leading role in providing vital aid and support to the people of Gaza. The International Humanitarian and Philanthropic Council has released a

Syria, Israel begin quiet talks

The announcement came just hours after Israeli warplanes reportedly carried out new airstrikes in Syria’s coastal provinces of Tartus and Latakia, hitting a range of military targets. Syria has confirmed the commencement

Gaza truce deal hits new snag

US says Hamas’ reply to the ceasefire plan was “totally unacceptable” and accused the Palestinian group of dragging the negotiations backward. The latest attempt to broker a ceasefire in Gaza has hit

IAEA flags Iran enrichment spike

The International Atomic Energy Agency (IAEA), in two separate but related reports, said Iran has boosted its uranium stockpile enriched up to 60% purity by nearly 50% since February. Iran has vehemently

US flag returns to Damascus

Billions in energy deals and lifted sanctions mark Syria’s reintegration, as US reopens embassy and declares the war-torn nation “open for business” under new regional partnerships. The United States has reopened its
Go toTop

Don't Miss

PM to undertake historic Kuwait visit 

The visit starting December 21 in what would be the

Lebanon eases Covid measures for travellers

Lebanese authorities have announced that inbound travellers would be exempted