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

Maritime Affairs Authority Discusses with European Nordic Support Foundation Enhancing Maritime Security

The Chief Executive of the General Maritime Affairs Authority Faheem Saif met Monday with the Regional Director of the International Support Foundation for the Nordic Countries Qasim Douali. The two parties discussed ways to strengthen cooperation in the fields of maritime security, pollution control and enhancing the Authority’s technical capacities.

Bulgaria's Kozloduy Nuclear Plant Partners with 4 Universities to Train Future Staff

Kozloduy Nuclear Power Plant (NPP) - New Builds EAD signed framework agreements with four Bulgarian universities to collaborate on staffing future projects, attended by Energy Minister Zhecho Stankov and Education Minister Krasimir Valchev.

South Korea's exports rise 8.4 percent in November

South Korea's exports increased 8.4 percent last November compared to the earlier year, exceeding 61 billion US dollars, continuing their sixth consecutive month of growth, thanks to strong demand for semiconductors.

Croatia Qualifies for 2026 World Cup with Thrilling Win Over Faroe Islands

Croatia secured a spot in the 2026 World Cup in the United States, Mexico, and Canada after defeating the Faroe Islands 3-1.

Last Update: ، 2025/12/02 Time 05:24:58
Latest News:

Al-Soqatri Discusses with Silah Foundation Projects Implemented in Agricultural, Fisheries Sectors

Leadership Council Member Al-Muharrami Meets State Security Chiefs

Defense Minister Discusses Defense Cooperation with Russian Ambassador

"MASAM” Removes 4,726 Mines and Explosives in November and Clears More Than 74 Million Square Meters

President al-Alimi urges reinforcing national unity, upholding state institutions

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.