Egypt, Kuwait in talks on financing development projects in Sinai
- Date: 05-Mar-2020
- Source: Middle East Monitor
- Sector:Real Estate
- Country:Egypt
Egypt, Kuwait in talks on financing development projects in Sinai
March 5, 2020 at 5:13 am | Published in: Africa , Egypt , Kuwait , Middle East , News. In November 2015, Egypt won a three-year $12 billion International Monetary Fund (IMF) loan, which aimed at reviving the country's struggling economy, bringing down public debt and controlling inflation while seeking to protect the poor..