Abdulwahab al bader biography definition


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    $731m in grants and loans allocated abroad in 2013 alone

    Fifty-three years ago, Kuwait made an unprecedented move. At the time a developing nation itself, Kuwait established the Kuwait Fund for Arab Economic Development (KFAED) with the intention of helping other nations establish themselves in the region.

    They were the first developing nation ever to make that kind of move.

    More than half a century later, the Kuwait Fund’s budget is five times its original limit, and its reach has spread from its regional neighbors to any country in need.

    U.S. Secretary of State John Kerry recently spoke about the Kuwait Fund on his last visit to the area.

    “I particularly want to thank the Government of Kuwait for their leadership with respect to the UN donors conference regarding Syria both in 2013 and 2014,” Mr.

    Kerry said. “So, Sheikh Sabah, thank you for your nation’s generosity, because you help to strengthen the region, you make a significant contribution to t