Kuwait Fund for Arab Economic Development


Also found in: Acronyms.

Kuwait Fund for Arab Economic Development

An agency of the government of Kuwait intended to encourage international development. It was the first organization established by a developing country to assist developing countries. It was founded in 1961 with profits from Kuwait's oil reserves. See also: Petrodollar, AFESD.
References in periodicals archive ?
KUWAIT (TAP) - Tunisia presented to the Kuwait Fund for Arab Economic Development, two projects seeking funding.
Abdulwahab Al-Bader, Director-General of the Kuwait Fund for Arab Economic Development.
The agreement was signed by Omani Minister Responsible for Financial Affairs Darwesh bin Ismail bin Ali Al-Balushi and Kuwaiti Director General of the Kuwait Fund for Arab Economic Development Abdul-Wahab Al-Badr.
The Kuwait Fund for Arab Economic Development has reportedly issued a loan of EUR 25 million ($32.
Amman, July 1 (Petra)--Minister of Planning and International Cooperation Jafar Hassan on Sunday met with Director General of the Kuwait Fund for Arab Economic Development Abdulwahab Ahmad Al-Bader.
Summary: BEIRUT: Nawaf al-Dabbous, resident representative of Kuwait Fund for Arab Economic Development KFAED, held a meeting Friday in his office to disclose the financial offers received by the Kuwaiti fund for the project of the establishment of a packaging and cooling center for agricultural products in Akkar.
5 million) deal with the Kuwait Fund for Arab Economic Development (KFAED) to upgrade its electricity network.
The Prime Minister while noting that Kuwait Fund for Arab Economic Development had been utilized for the development projects in Pakistan urged the Ambassador Designate for raising investment for Neelum-Jhelum hydropower Project out of this fund and for the reconstruction of schools and colleges in the earthquake affected areas.
Cairo -- Kuwait Fund for Arab Economic Development Chairman Abdulwahab Al-Bader signs a loan accord with Egyptian authorities to fund a joint power project.
Financier address : Kuwait Fund for Arab Economic Development (KFAED)
The Kuwait Fund for Arab Economic Development (KFAED) has announced a contract to renovate and expand the facilities at the History Museum of Sidon in South Lebanon.
The Kuwait Fund for Arab Economic Development (KFED) and the Arab Fund for Economic and Social Development (AFESD) have agreed to provide Egypt's government with a $250m grant to fund an electronic traffic signal project along the railway from Banha to Zagazig
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