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

Deputy FM, Japanese Ambassador Discuss Bilateral Cooperation in Humanitarian and Development Sectors

Deputy Foreign Minister for Political Affairs, Dr. Mansour Bajash, met with the Japanese Ambassador to Yemen, Yoichi Nakashima, to discuss enhancing bilateral relations and cooperation between the two countries in various fields of mutual interest.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

Korean autos exports rise 13.7 percent in November

South Korea's autos exports rose by 13.7 percent year-on-year in November, thanks to a notable increase in shipments of eco-friendly and hybrid models.

Barcelona Consolidates Lead in Spanish La Liga with Win Over Villarreal

Barcelona strengthened its position at the top of the Spanish La Liga table after defeating host Villarreal 2-0 in the 17th round of the competition.

Last Update: ، 2025/12/22 Time 07:37:06
Latest News:

Taiz Governorate Launches YR 350 Sanitation Project with Private Sector Partnership

Mujalli Discusses Latest Developments in Yemen with French Ambassador

Central Bank of Yemen Approves 2026 Budget

MASAM removes 2656 Houthis-laid landmines in 3 weeks

Yemenia Airways Announces Resumption of Flights from Aden to Abu Dhabi

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.