No recent financial allocation by KFAED to Lebanon – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News
- Date: 28-Feb-2023
- Source: Arab Times Kuwait
- Sector:Financial Markets
- Country:Lebanon
No recent financial allocation by KFAED to Lebanon – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News
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KUWAIT CITY, Feb 27: Last week, the Kuwait Fund for Arab Economic Development (KFAED) stated that it has not allocated any amount for any new project in the Lebanese Republic, as it operates according to previous approvals and previously allocated and committed amounts, reports Al-Rai daily.
In a statement to Kuwait News Agency (KUNA), KFAED denied the validity of the information being circulated on social media about allocating an amount to restore the Grand Serail building in the Lebanese Republic and the Prime Minister’s residence.
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