KFAED de­nies re­port about deal with Egyp­tian bil­lion­aire

‘Asst un­der­sec­re­taries, di­rec­tors gen­eral’

Arab Times - - LOCAL -

KUWAIT CITY, April 16: Kuwait Fund for Arab Eco­nomic De­vel­op­ment (KFAED) has de­nied re­ports about on­go­ing ne­go­ti­a­tions with Egyp­tian bil­lion­aire Samih Sawiris for of­fer­ing non-re­fund­able fi­nan­cial grant worth $30 mil­lion to Ze­wail City of Sci­ence and Tech­nol­ogy, re­ports Al-Rai daily.

In re­sponse to a par­lia­men­tary ques­tion sub­mit­ted to Deputy Prime Min­is­ter and Min­is­ter of For­eign Af­fairs Sheikh Sabah Al-Khalid Al-Ha­mad Al-Sabah in this re­gard, KFAED af­firmed that the in­for­ma­tion high­lighted dur­ing a talk show pre­sented by Egyp­tian TV an­chor Amro Adeeb con­cern­ing on­go­ing ne­go­ti­a­tions with KFAED for of­fer­ing

Sheikh Al-Khaled

the fi­nan­cial grant to an Egyp­tian pri­vate univer­sity is false.

It in­sisted that no pledges have been made to of­fer non-re­fund­able fi­nan­cial grants to any pri­vate uni­ver­si­ties or in­sti­tu­tions owned by in­di­vid­u­als.

The Pub­lic Au­thor­ity for Civil In­for­ma­tion (PACI) in Jahra City would start serv­ing na­tion­als and ex­pats from its new build­ing near the Gov­er­norate Head­quar­ters as of Mon­day. In a state­ment KUNA Sun­day, PACI Di­rec­tor Gen­eral Musaad Al-Asousi said the new per­ma­nent premises would re­place the tem­po­rary branch in Jahra Co­op­er­a­tive So­ci­ety, which would be closed. All PACI ser­vices would be pro­vided to na­tion­als and ex­pats at the new build­ing, he pointed out. On fu­ture plans, Al-Asousi re­vealed that the PACI sought to build a sec­ond in­te­grated branch in Al-Ah­madi Gov­er­norate to serve res­i­dents of the south­ern gov­er­norate.

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