Jordan resumes work in construction sector amid coronavirus

Jordan resumes work in construction sector amid coronavirus

DUBAI: Jordan's construction industry is going back to work following a decision by the country's Ministry of Public Works and Housing, the Jordan News Agency reported.. The move follows the country's easing of lockdown measures in some cities with virtually no confirmed cases of COVID-19, including allowing some commercial establishments to reopen.. Kuwaiti banks to provide SMEs with financing at 2.5% interest /node/1662591/middle-east. DUBAI: Kuwait's central bank said on Tuesday that banks must provide qualifying small and medium enterprises (SMEs) affected by the coronavirus outbreak with financing at a maximum 2.5 percent interest rate.. Kuwait's National Fund for Small And Medium Enterprise Development will provide 80 percent of the SMEs' funding needs at no interest for up to three years, while banks will finance 20 percent and the state will support companies in paying the up to 2.5 percent interest for three years..