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Jul 07 2011

Kuwait Devt Fund To Provide $1.35B In Support To Arab SMEs-Report

Thursday, Jul 07, 2011

BEIRUT (Zawya Dow Jones)--The Kuwait Development Fund will provide $1.35 billion to support the development of small and medium-sized enterprises, or SMEs, in the Arab world with priority given to Egypt and Tunisia, Cairo-based Al Ahram daily reports Thursday citing Nabil El Araby, secretary general of the League of Arab States .

The League is committed to protect Arab investments and free inter-Arab trade, he said in a speech presented on his behalf by Mahmoud El Anany during a conference in Cairo Wednesday, the paper reports.

Newspaper website: http://www.ahram.org.eg/Economy/News/87956.aspx

-By Beirut Bureau, Zawya Dow Jones; +961-1-985 757; BeirutZDJ@zawya.com

Copyright (c) 2011 Dow Jones & Co.

(END) Dow Jones Newswires

07-07-11 0957GMT

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