Browsing: Middle East

Kenya's population has grown by 9.9 million people over the last ten years to reach 47.6 million. President Kenyatta says the current census results will guide successful planning and implementation of government development initiatives, including the Big Four Agenda.

The Saudi Fund for Development (SFD) has agreed to invest in Kenya’s Big Four projects, a boost to President Uhuru Kenyatta’s ambitious plan.

Investment by the fund will go a long way in helping realization of the Big 4 which incorporates revamping manufacturing sector, providing affordable housing, universal health care and food security for Kenyans.

READ ALSO:World Bank affirms support for Kenya’s Big 4 

The SFD has undertaken to rally similar organisations in the Middle East to invest in Kenya’s economy.

The announcement was made in a meeting between Treasury Cabinet Secretary Ukur Yattani and the Vice President and Managing Director of SFD, Dr Khalid Bin Sulaiman Alkhudairy.

Mr Alkhudairy said the Saudi Fund was keen in investing in Kenya’s affordable housing projects besides power, roads and education where it has already invested.

READ ALSO:Dubai owned bank expands network in Kenya

Alkhudairy said he appreciates that Kenya has …

Israel tourists-Tanzania-The Exchange

The serene rural Tanzanian landscape has wowed more than 1000 tourists from Israel who have just concluded their week-long tour of the country, leaving them planning for more future visits to explore the beauty of the country further.

The visitors from the Middle East have also expressed their admiration of the friendly attitude shown by the Tanzanians who they said were easy to make acquaintance with, noting that Israel stands a good chance of investing in cultural tourism.

The tour guide and leader of the group, Hagit Geffen stated they were surprised by the Tanzanians way of life as most of them seem to live in rural areas far away from towns and cities, and still the government manages to reach out to all these places, providing electricity, water and other essential services.

One of the tourists in the group observed that while back home in Israel people live in …