Egypt, Kuwait sign $1bn deals to develop Sinai
22 Oct 2019; MEMO: Egyptian Prime Minister Mostafa Madbouly and his Kuwaiti counterpart Sheikh Jaber Al Mubarak Al Hamad Al Sabah yesterday attended an event held for the signing of deals worth $1.09 billion to fund the second phase of the Sinai development programme, state-run newspaper Al-Ahram reported.
Included in the deals is a $86 million project to carry out an infrastructure project at Al-Nafaq Road in the coastal resort town of Sharm El-Sheikh.
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