Kuwaiti Fund for Development inks $1.5 million grant agreement for Yemen

Transport Minister Reviews Procedures for Approval of Qana Port Project in Shabwa

A meeting held on Sunday here snd chaired by Minister of Transport Mohsen al-Amri reviewed the procedures required for the approval of the Qana Port project in Shabwa Governorate.

Bahrain Says Air Defenses Intercepted and Destroyed Several “Treacherous” Iranian Air Attacks

The General Command of the Bahrain Defence Force announced on Thursday that Iran continues what it described as a systematic hostile approach through missile and drone attacks targeting civilians in the Kingdom of Bahrain.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

France Advance to World Cup Quarterfinals, Set Up Morocco Clash

France secured a place in the quarterfinals of the 2026 FIFA World Cup after edging Paraguay 1-0 in their Round of 16 encounter.

Last Update: ، 2026/07/05 Time 08:41:11
Latest News:

Minister of Interior Discusses Security Cooperation with Chinese Embassy Chargé d'Affaires

Masam Removes 1,207 Landmines and War Remnants Last Week

Health Minister Orders Tougher Oversight of Public and Private Health Facilities

Leadership Council Member al-Muharrami Reviews Security Developments with Interior Minister

Minister of State for Women's Affairs Stresses Unified Efforts to Advance Women's Empowerment

Kuwaiti Fund for Development inks $1.5 million grant agreement for Yemen

[24/04/2025 07:16]

WASHINGTON-SABA
The Kuwait Fund for Arab Economic Development (KFAED) signed today, Thursday, a grant agreement with the International Organization for Migration (IOM) under which the Fund will provide a grant of $ 1.5 million to contribute to financing the project to develop the infrastructure of public services in Yemen.

The Kuwait Fund stated in a statement published by Kuwait News Agency (KUNA) that the proposed project aims to increase the resilience of communities, the challenges resulting from the ongoing conflict in Yemen and compete for scarce resources and services through the development of community infrastructure, enhance the ability to effectively deal with the drivers of instability and strengthen social cohesion in communities.

The project consists of small community projects that include the construction and rehabilitation of public schools, health facilities and infrastructure for drinking water and sanitation.

The grant agreement was signed on the sidelines of the 2025 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington on behalf of the KUNA by Acting Director General Waleed al-Bahar and the IOM Director General Amy Pope.