Deal signed to provide loans for 750 university students
Amman, Mar. 27 (Petra) — Jordan’s Hayat Educational Fund (HEF) and the International Islamic Charitable Organization (IICO) in Kuwait signed an agreement on Tuesday to provide loans to more than 750 Jordanian students.
The deal was inked by IICO Jordan Office Director Mustafa Awwad and HEF’s Administration Body Secretary Ibrahim Bayoudh, in the presence of Chargé d’affaires at the Kuwaiti embassy in Amman Mubarak Al-Hajri.
Bayoudh said the maximum amount of the zero-interest loans is JD1,000 and with low installments, adding that students in in various Jordanian universities or colleges can benefit from the loans.
He thanked Kuwait for its support of “such important humanitarian initiatives” that enable students to pursue their studies and be productive members of society.
Awwad said it is a revolving loan, meaning once a student pays back the amount, the money will be given to another student and so on to benefit as msny students as possible.
During the ceremony, several students spoke about their experiences with the Fund and the support they received.
//Petra// AO
27/03/2023 15:41:57
Provided by SyndiGate Media Inc. (Syndigate.info).
News Related-
Visuals of the week: Your best Instagram posts of the UAE
-
From guitar to Super Mario Switch: Top unusual items that 'forgetful' Dubai passengers had left in Uber cars
-
UK sets out changes to oil and gas windfall tax
-
The top UAE graduates with ambitions ranging from astronaut to ambassador
-
Burjeel Holdings, US-based Northwell Health to launch Neuroscience Institute in UAE
-
ADNIC renews partnership with Emirates Nature-WWF
-
What’s On the Bookshelf: Get immersed in narratives from the Arab world
-
Messi doesn’t want ‘pressure’ of a Barca return, says Xavi
-
Phil Foden hails 'unstoppable' Man City ahead of Champions League final against Inter
-
Girl brought out of borewell declared dead
-
Dubai records over AED1.8 bn in realty transactions Thursday
-
The UK Just Announced A New £10 Electronic Visa for GCC Nationals
-
Dubai Summer Surprises returns with great deals, entertainment, and more
-
Saudi Arabia’s economy expanded 3.8% in first quarter boosted by non-oil growth
OTHER NEWS
Air travel in and out of New York was expected to be disrupted for a second consecutive day on Thursday as smoke from Canada’s wildfires continued to envelope the Big ... Read more »
Crowne Plaza Dubai Festival City Embracing the exuberance of summer’s arrival, InterContinental Hotels at Dubai Festival City invite guests from far and wide to embark on a perfect season retreat. ... Read more »
Etihad Holidays presents an enticing selection of Flight and Hotel packages designed to cater to every traveler’s taste and preference Etihad Holidays is thrilled to announce its sensational summer offers ... Read more »
Beneil Dariush, right, during his victory over Mateusz Gamrot at UFC 280 in Abu Dhabi. Chris Whiteoak / The National A few days from most probably the greatest test thus ... Read more »
Friday is the penultimate day of the 2023 programme at the TT, with the second Superstock and Supertwin race of the week taking place. Racing was due to begin at ... Read more »
Amman, June 8 (Petra) — In a testament to the innovative prowess of Jordanian businesses, several local companies and entrepreneurs have been honored with the prestigious “Peacock” Award. This award ... Read more »
HONG KONG SAR – Media OutReach – 9 June 2023 – Hong Kong University of Science and Technology’s (HKUST) Professor of Electrical Computer and Engineering, Zexiang Li has been appointed ... Read more »
Sisters Huda and Mona Kattan, co-founders of make-up and perfume brand Huda Beauty, organised a beach clean-up in Dubai on Wednesday, to celebrate World Oceans Day. The pair took over ... Read more »
A Tesla charger in Kettleman City, California. Reuters General Motors will adopt Tesla’s charging plug standard for its electric vehicles in North America, the company announced on Thursday, giving drivers ... Read more »
Tribune News Network Doha Qatar National Library (QNL) is hosting an exhibition titled ‘Georgian Cultural Heritage – Arabic Manuscripts from Georgia’, in cooperation with the Embassy of Georgia in Qatar ... Read more »
“Certain products shift the way we look at technology … you have never seen anything like this before,” Apple chief executive Tim Cook said as he unveiled the long-awaited augmented-reality ... Read more »
ABU DHABI, 9th June, 2023 (WAM) — The Missile Engineering Centre was officially inaugurated on 6th June, in the presence of Tareq Al Hosani, Secretary-General of Tawazun Council, M. Nicolas ... Read more »
Kuwait Lauds Morocco’s Efforts to Reach Compromise between Libyan Parties Kuwait – Kuwait hailed, on Thursday, the efforts made by the Kingdom of Morocco after hosting, in Bouznika, the meeting ... Read more »
PLAYA DEL CARMEN, MEXICO – FEBRUARY 26: A flag with the LIV Golf logo is seen prior day three of the LIV Golf Invitational – Mayakoba at El Camaleon at ... Read more »
Karolina Muchova during her French Open semi-final win over Aryna Sabalenka at Roland Garros on June 8, 2023. Getty Karolina Muchova produced a stunning comeback in the final set to ... Read more »
Safari travel guide feat Take a walk in the wild side… So, you’ve decided that watching Our Planet on Netflix – and listening to Sir David Attenborough’s intoxicatingly calm voice ... Read more »
Amman, June 9 (Petra) — Weather instability in Jordan deepens, with temperatures slightly higher than average for this time of the year and dusty weather prevailing in most areas, which ... Read more »
The “Dubai Centre for Artificial Intelligence” has been launched by Dubai at Emirates Towers, AREA 2071, according to a tweet shared on Thursday by Sheikh Hamdan bin Mohammed bin Rashid ... Read more »
The compromised data includes names, addresses and National Insurance numbers. Getty British Airways, the BBC and retailer Boots have all said their staff were among those hit by a cyberattack ... Read more »
Seized drugs at the police anti-narcotics unit headquarters in Amman, in January 2019. AFP Jordanian security troops have arrested “one of the most dangerous wanted men” in the kingdom, a ... Read more »
In a joint press conference, Safadi affirmed that contacts between Jordan and Hungary are ongoing, and said, “We have met more than seven times over the past years, and I ... Read more »
Dr Uqab said the National Assembly has a major role in protecting environmental rights of society members through legislations that protect such rights. Also, the environment protection law of 2014, ... Read more »
Secretary of State Antony Blinken at the American Israel Public Affairs Committee policy summit in Washington. Reuters US Secretary of State Antony Blinken on Monday called for Saudi Arabia and ... Read more »
Free Bike Rides Available in Dubai on This Date Dubai RTA and Careem have announced that they will allow individuals with free Careem BIKE rides at 186 docking stations throughout Dubai ... Read more »
PM witnesses inking MoU on developing automotive industry in Egypt Prime Minister Moustafa Madbouly witnessed inking a memorandum of understanding between the automotive industry unit at the Ministry of Trade ... Read more »
“We in the Hashemite Kingdom of Jordan continue to make every effort to solve regional crises, address the consequences of humanitarian, security and political crises, and achieve the security and ... Read more »
java.lang.NullPointerException Latest news Norwegian Film Days kicks off in Amman Tourism minister inaugurates photo exhibition of Salt, Japanese city of Hagi 50 Jordanian youth trained on partisan activity Middle East ... Read more »
UAE firm that produces water to irrigate floating farms among 36 organisations to receive Expo Live funding Thirty-six grassroots social entrepreneurs from 34 countries have joined the Expo Live Innovation ... Read more »
By Abdellatif Sharaa KUWAIT: Zain Telecommunications Company held the excellence awards ceremony for the best performers during the Zain Football League this season at the St Regis Hotel. Zain’s Chief ... Read more »
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, will take control of four of the country’s most prominent football clubs, as part of the Sports Clubs Investment and Privatisation ... Read more »