It was more than six decades ago – in 1961 – that the Kuwait Fund for Arab Economic Development (KFAED) was established with the goal of helping further economic and social progress in developing nations through financial and technical support.
The Fund has granted more than $1.2billion (379 million Kuwaiti Dinar) in loans and aid to hundreds of countries around the world – including Arab, Asian, African, European and South American nations – with more than 388 grants given to nation-changing projects, including financing of transportation, electrical power, water, agricultural and industrial initiatives.
One of the biggest recipients of KFAED aid has been refugees across the globe, deputy director of operations for international organizations at KFAED, Khaled al-Khaled, told Al Arabiya English.
From Rohingya families in Bangladesh refugee camps to refugees in Palestine and Lebanon and survivors of violence in the Kurdistan Region of Iraq, tens of thousands of distressed people from strife-torn lands across the Arab and wider world have benefitted from the Fund.
KFAED’s mission has never been more vital than in recent years, as the world faces an unprecedented refugee crisis. With conflict, natural disasters and socio-economic instability displacing millions of people, KFAED has stepped up its efforts to throw a lifeline at those in need.
Notably, KFAED has forged a strategic alliance with the United Nations High Commissioner for Refugees (UNHCR) and has made significant contributions to global humanitarian endeavors. Its commitment has translated into substantial support for UNHCR’s field operations, specifically geared toward safeguarding and aiding refugees and internally displaced persons.
One of the biggest recipients of aid has been refugees across the globe, Khaled Alkhaled, deputy director of operations for international organizations at the Kuwait Fund for Arab Economic Development (KFAED), says. (Supplied)
Among the impactful projects championed by the Kuwait Fund is the initiative to ameliorate the living conditions of Syrian refugees situated in northern Iraq, where a staggering population of more than 230,000 Syrian refugees predominantly resides within the Kurdistan region.
In this endeavor, the Kuwait Fund extended a grant of $10 million to UNHCR, earmarked for enhancing access to fundamental necessities such as water, sanitation, healthcare, shelter and solar lighting across five camps accommodating approximately 97,000 Syrian refugees in Dohuk and Erbil.
This initiative aspires not only to elevate the dignity and well-being of the refugees but also to bolster their resilience and self-sufficiency.
Furthermore, the Kuwait Fund has consistently been a significant contributor to the humanitarian response in Syria. In 2015, Kuwait held the distinction of being the largest per capita donor globally and ranked as the sixth-largest overall donor to UNHCR. By 2016, Kuwait had already contributed a total of $360 million to UNHCR, benefitting both the Syrian as well as the Iraqi crises.
‘A beacon for international collaboration’
Al-Khaled told Al Arabiya English that, with a history of benevolence, KFAED has consistently exemplified Kuwait’s dedication to alleviating global crises and fostering international cooperation.
“The Kuwait Fund for Arab Economic Development serves as a beacon of Kuwait’s commitment to international collaboration,” he said. “It aims to drive economic and social progress in developing nations, offering financial and technical support to developing nations. With an active role in international development efforts, the Fund is focused on diverse sectors, including infrastructure, healthcare, education and most notably, humanitarian assistance.”
Al-Khaled said the Fund particularly strives to help refugees and displaced people across the Arab world and beyond.
“Refugees often find themselves in dire circumstances due to conflicts, socio-political upheavals, and natural disasters,” he said, adding that the Kuwait Fund’s inclination towards aiding refugees stems from a deeply rooted philosophy of solidarity, empathy and a sense of shared humanity. “By assisting refugees, the Fund aims to not only provide immediate relief but also to sow the seeds for long-term peace, reconciliation, socio-economic stability and development,” he said.
Helping regions in dire need
Over the years, the Fund’s initiatives have prioritized regions and communities in urgent need of aid.
In Cox’s Bazar, Bangladesh, KFAED has made significant strides to improve the living conditions for the Rohingya refugees. This region hosts one of the largest refugee populations in the world, primarily consisting of Rohingya Muslims, who fled violence and persecution in Myanmar. These refugees require immediate access to essentials such as food, clean water and shelter. Overcrowded camps, inadequate sanitation facilities and limited healthcare services pose significant challenges to their well-being.
Education is another critical need, especially for the younger population. “Our involvement has facilitated the construction of over 1,200 shelters, coupled with the distribution of essential household items and solar lighting systems,” explained al-Khaled. “Moreover, we’ve established educational centers and mosques and have set into motion health initiatives, including the operation of three health centers and the training of workers on crucial health awareness topics.”
Closer to home, KFAED has been working to provide aid to Palestinian refugees, which remains a pressing humanitarian imperative. Decades of conflict, displacement and political turmoil have left millions of Palestinians in a hapless situation – often without access to basic necessities such as clean water, healthcare, education and proper shelter.
Many Palestinian refugees live in overcrowded and substandard conditions in camps across the Middle East, struggling to make ends meet with limited economic opportunities.
Al-Khaled said the provision of aid and grants not only addresses immediate and essential needs but also plays a crucial role in upholding the dignity and human rights of Palestinian refugees and is a vital step toward fostering stability and security in the region.
“In Palestine, we have signed a memorandum of understanding with the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA), a UN agency that supports relief and human development of Palestinian refugees. This association has helped generate resources to empower Palestine refugees, promote their self-reliance and enhance accessibility to vital sectors such as education and healthcare.
Aiding physiological needs
KFAED’s commitment has also extended to Iraq where, in collaboration with UNHCR, the Fund has established a new registration center in the Kurdistan Region, in Erbil, where they help refugees suffering from the psychological impact of surviving a conflict and being displaced from home.
“This center serves as a pivotal point for registration and protection services,” explained al-Khaled. “Refugees can access vital information, seek legal assistance and specialized psychosocial services, especially catering to the survivors of violence,” he said.
The center streamlines the process for refugees, enabling them to secure humanitarian residency permits, thereby regularizing their presence in the Kurdistan Region of Iraq.
Every month, some 24,000 refugees benefit from the center, where they have immediate access to both public and humanitarian services, al-Khaled said.
“Moreover, the building that houses the registration center will eventually serve as a secondary school, a reflection of our collective commitment, along with the Kurdish government and UNHCR, to prioritize education for the vulnerable,” he added.
It was more than six decades ago – in 1961 – that the Kuwait Fund for Arab Economic Development (KFAED) was established with the goal of helping further economic and social progress in developing nations through financial and technical support. (Supplied)
Furthermore, KFAED, in collaboration with the United Nations Development Programme (UNDP), has committed to advancing environmental and community health in Lebanon, a country that is hosting a vast number of Syrian refugees through grants to enhance solid waste management.
“By providing $2.5 million in support, the Fund aims to establish a new waste management facility and responsibly shut down an unauthorized dumpsite associated with environmental and health threats,” said al-Khaled.
“Specifically targeting areas with high concentrations of Syrian refugees, the project not only mitigates environmental hazards, but also offers economic opportunities to local communities. Through these efforts, the initiative ensures improved living conditions and socio-economic prospects for refugees and the broader Lebanese community.”
The Fund has financed projects in the Al Azza Refugee Camp in Bethlehem, providing healthcare and clean water to residents, while another project focused on the health and well-being of mothers and newborns in the conflict-affected areas of Yemen.
Powering long-lasting change
“Through these ventures, we have consistently endeavored to make long-lasting positive impacts on the lives of the refugees we serve across different regions,” said al-Khaled.
The Kuwait Fund for Arab Economic Development (KFAED) was established with the goal of helping further economic and social progress in developing nations through financial and technical support. (Supplied)
He said KFAED employs a multifaceted approach when deciding on the priority areas to focus its attention on and allocate funding and grants.
“This includes detailed analyses, studying the magnitude and extent of needs, assessing the socio-economic conditions, and also factoring in requests from the affected countries or international bodies,” he explained. “Our collaboration with specialized UN Agencies and other partners on the ground provides us with these critical analyses and serves as a major source of information for our depiction-making process.
“There’s also a continuous monitoring and evaluation process to ensure assistance provided remains relevant and effective,” he further said.
International collaboration
The Kuwait Fund is deeply committed to collaborative cooperation, said al-Khaled.
“Recognizing that collective action magnifies its impact, the Fund frequently aligns with reputed global organizations, including the UNHCR, UNDP, UNRWA, and other specialized agencies. These partnerships – underpinned by shared expertise, resources, and on-ground networks – ensure that every dollar spent is maximized for efficacy.”
Al-Khaled said KFAED’s approach to assistance is comprehensive, with financial aid being just one of its many facets.
“Financial support often takes the form of loans and grants designed to facilitate infrastructure and development projects, including constructing shelters, educational establishments, and healthcare facilities, which lay the foundation for sustainable living conditions,” he said. “Simultaneously, we prioritize capacity-building endeavors, such as training programs.”
These initiatives focus on enhancing health awareness, fostering skill development and strengthening community resilience.
“This multi-pronged approach ensures that refugees not only have immediate support, but also have access to the tools and knowledge to face the intricacies of displacement and subsequent integration. We strive to focus as much as possible on our interventions within the development-humanitarian nexus that we are all invited to contribute to in these contexts,” al-Khaled said, adding that through such an approach, the Fund’s vision transcends short-term relief.
“It aspires for a future where refugees are not only safeguarded against pressing adversities, but are also empowered to lead fulfilling lives, endowed with dignity, autonomy and opportunities,” he said.
Each project, be it the multifunctional center in Erbil or the extensive support in Cox’s Bazar, resonates with this long-term commitment to reshape the narrative of displacement into one of hope, resilience, and sustainable development, al-Khaled said.
“By forging alliances with local NGOs, government bodies and community leaders, KFAED ensures that its interventions are culturally nuanced, contextually aligned and sustainable.”
“This local-global partnership model ensures that the positive outcomes of the Fund’s assistance persist long beyond the immediate project timelines, creating legacies of change and transformation,” al-Khaled said.
CyberArrow and Mobily Announced a Strategic Partnership for CyberArrow’s AI-Powered GRC at Black Hat 2023
In a groundbreaking collaboration, Mobily, one of the largest telecom companies in Saudi Arabia, and CyberArrow , a leading UAE- based Compliance Automation Platform and Cyber Security Awareness Platform provider, proudly announced their strategic partnership at Black Hat 2023. This partnership marks a significant step towards revolutionizing the approach to compliance in the Kingdom of Saudi Arabia. The announcement cements Mobily as a strategic partner using CyberArrows AI-Powered GRC to boost cybersecurity compliance in the region. CyberArrows latest AI GRC was featured at the center of Black Hat 2023. Key Highlights of the Strategic Partnership
The strategic partnership between CyberArrow and Mobily is a dynamic collaboration aimed at
reshaping the landscape of cyber security and compliance in Saudi Arabia. As a strategic partner,
Mobily helps organizations across Saudi Arabia enhance compliance processes and streamline
governance, risk, and compliance by utilizing CyberArrows AI-Powered GRC. This collaboration goes beyond physical presence; it symbolizes a shared vision for transformative advancements in compliance. The strategic partnership is designed to provide organizations in Saudi Arabia with intelligent solutions for navigating the complexities of cyber security and compliance with unprecedented efficiency. The partnership highlights the profound impact of integrating Artificial Intelligence (AI) into cyber security and compliance. Through cutting-edge solutions and strategic partnerships, CyberArrow demonstrates its commitment to leveraging AI as a catalyst for transformative change. As CyberArrow strategically partners with Mobily, these key messages echo their shared vision, amplifying the call for utilising CyberArrow’s AI-powered GRC platform and fortifying the digital landscapes of businesses in Saudi Arabia. “The collaboration with Mobily signifies more than just a partnership; it's a shared vision to make cyber security compliance accessible and robust for businesses in Saudi Arabia”, said Amar, Co-founder of CyberArrow
Around 400 companies will converge in Istanbul for Carpet and Flooring Expo
2023. This event, taking place from 5-8 December, will open new market avenues
for these companies. Türkiye, a nation responsible for crafting 40% of the worlds carpets, is playing host to this prestigious event.Türkiye, a key player in the global carpet industry, is gearing up to host the Carpet and Flooring Expo (CFE 2023) in Istanbul. This pivotal event, orchestrated by TÜYAP – the country’s foremost exhibition organizer – in partnership with the Istanbul Carpet Exporters’ Association and Southeastern Anatolia Carpet Exporters’ Association, will take place at the Istanbul Expo Centre from 5-8 December. The Expo, expected to attract around 400 companies from across the globe, will showcase an extensive array of products, providing an invaluable opportunity for manufacturers to tap into new markets. Türkiye has a 40% market share of global carpet production İlhan Ersözlü, General Manager of TÜYAP Fairs Productions Inc., highlights Türkiye’s significant role in the global carpet trade, stating, “Türkiye currently accounts for 17% of the worlds carpet trade volume. Through CFE 2023, we aim to foster new agreements, boosting our
export volume to 25%.” The global carpet market, valued at USD 64.99 billion in 2022, is anticipated to soar to USD 97.41 billion within a decade. Türkiye, producing nearly half of the worlds carpets, is a pivotal player in these global gatherings. 400 companies expected to participate in CFE 2023 Ersözlü stated, “Currently, our fair features nearly 400 participants, with 75% from Türkiye and 25% being international stakeholders. We’ve seen substantial interest from manufacturers in countries including Iran, China, England, Pakistan, Afghanistan, Uzbekistan, Russia, Indonesia, Morocco, Ukraine, Egypt, and Jordan. Our goal is to host one of the largest fairs in this sector.” He added, “The fair will display a spectrum of products, from traditional to contemporary designs. Registered visitors from 81 countries will have four days to explore these offerings. Additionally, well host discussions and workshops on future trends, designs, colours, and
recycling. Li Edelkoort, a renowned trend forecaster, will be present to deliver a talk titled ‘2025 Interior Trend and Colour Forecasts’ on 6 December at 16.00. This event will be an enormous source of inspiration for professionals in the carpet industry as well as designers, decorators, and
architects.”
Gulf Scientific Corporation Achieves ISO 9001:2015 Certification, Setting New Standards in Quality Management
Gulf Scientific Corporation (GSC) has recently achieved a significant milestone by obtaining the ISO 9001:2015 certification, reinforcing its commitment to quality and excellence in the field of scientific solutions. This certification, awarded by the International Organization for Standardization (ISO), is a testament to GSCs dedication to meeting and exceeding global standards in its operations. ISO 9001:2015 is the latest version of the international standard for quality management systems, emphasizing a process-oriented approach to ensure organizations consistently deliver high-quality products and services. GSCs successful certification process reflects its adherence to rigorous quality management practices and continuous improvement initiatives. One key aspect of ISO 9001:2015 is its focus on customer satisfaction. GSCs commitment to understanding and meeting customer requirements is highlighted through this certification, as it demonstrates the company’s dedication to providing products and services that consistently meet or exceed customer expectations. This customer-centric approach is crucial in todays competitive business environment, where customer satisfaction plays a pivotal role in the success of any organization. Furthermore, the ISO certification positions Gulf Scientific Corporation as a reliable and trustworthy partner for businesses seeking high-quality scientific equipment and solutions. It enhances the company’s reputation and opens doors to new opportunities and collaborations on a global scale. By implementing a robust quality management system, GSC will also be better equipped to manage risks and seize opportunities, ensuring the organizations resilience and adaptability in a dynamic market. Internally, the certification process has led to improved operational efficiency within GSC. Through a thorough examination of its processes and procedures, the company has already identified areas for enhancement and optimization. This commitment to continuous improvement not only aligns with
ISO 9001:2015 requirements but also positions GSC as a forward-thinking and adaptive organization. Gulf Scientific Corporations attainment of the ISO 9001:2015 certification underscores its dedication to quality, customer satisfaction, and ongoing improvement. This achievement not only enhances GSCs reputation in the industry but also instils confidence in its customers, partners, and stakeholders. As GSC continues to uphold these high standards, the ISO 9001:2015 certification serves as a symbol of the company's commitment to excellence in the ever-evolving landscape of scientific solutions.