More than 7,900 websites blocked and over 22,900 online content seized for violations in 2024    SPL executive Saad Al Lazeez steps down    33,000 Saudi-made luxury carpets adorn Grand Mosque    Saudi Arabia first in region to receive WHO verification for Type 2 emergency medical response    SP Jain Global ranked 23 in the world in QS Executive MBA Rankings 2025    US Envoy Witkoff: Russia-Ukraine ceasefire talks to resume in Jeddah on Sunday    Israel launches fresh strikes on Gaza, vows to fight 'in full force'    Haram Authority provides low-calorie meals to guests of God in Grand Mosque    Saudi Arabia announces school holiday in Jeddah, Makkah, and Taif for Formula 1    Migrant carers from India's Kerala await justice in UK visa 'scams'    Nasa astronauts Butch Wilmore and Suni Williams finally return to Earth    Harry's US visa records unsealed after drug claims    Saudi Arabia slams Israeli attempts to destabilize Syria through continuous attacks    Istituto Marangoni to open Riyadh campus in August 2025    Saudi Arabia surpasses self-sufficiency in figs    Princess Reema bint Bandar greets Saudi Special Olympics team in Jeddah    AFC Champions League Elite Finals draw sets stage for Jeddah showdown    Cannes award-winning actress Dequenne dies at 43    Antenna: Saudi artist Ahmed Mater opens first solo exhibition in China    Grand Mufti rules against posting prayers and preaching in mosques on social media    Man lives for 100 days with titanium heart in successful new trial    King Salman prays for peace and stability for Palestinians in Ramadan message King reaffirms Saudi Arabia's commitment to serving the Two Holy Mosques and pilgrims    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Kuwait hails King"s assistance of $500 Million to the Arab Fund for Small and Medium Enterprises
Published in Saudi Press Agency on 07 - 12 - 2009

Kuwait has expressed its appreciation of the Custodian of the Two Holy Mosques, King Abdullah bin Abdulaziz Al Saud for the Kingdom"s contribution of $ 500 million to the Fund for Supporting Small and Medium enterprises aiming at providing new job opportunities, improving incomes, and combating poverty in the Arab world.
Kuwait"s Minister of State for Cabinet Affairs Rodhan Al-Rodhan pointed out the Kuwaiti cabinet was briefed in its meeting on Sunday on the two messages exchanged between the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz and Kuwait"s Emir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, with regard to the Kingdom"s contribution to the Fund.
The Fund was established at the initiative of the Kuwaiti Emir during Arab Economic, Social and Development Summit, held in Kuwait earlier this year with a capital of two billion dollars and Kuwait"s contribution of $ 500 million to the Fund.
Al-Rodhan said that the Kuwaiti cabinet expressed its great appreciation of the King for this generous contribution to the Fund for supporting the private sector in Arab countries, noting that this contribution will be a new addition of the King"s record in support of joint Arab actions and in the service of the Arab nations.
He noted that the Cabinet also expressed its thanks to and appreciation of the King and the Government of Saudi Arabia for their great efforts, services, facilities and care provided for pilgrims.


Clic here to read the story from its source.