Kuwait Fund: Al-Salihiya Real Estate contributes $1 million to the Kuwait Emergency Response Fund

The Kuwait Fund for Arab Economic Development announced that Al-Salehieh Real Estate Company contributed $1 million to support the Kuwait Emergency Response Fund, which the Fund launched on July 5 to enhance the country’s readiness to confront challenges and exceptional circumstances.

In a statement, the Fund said that Al-Salehieh Real Estate Company made its contribution in line with its national social responsibility, and out of conviction in the importance of concerted efforts and integrated partnership between the public and private sectors to address challenges and crises, in order to support national readiness, preserve stability, ensure the continuity of services, and sustain vital facilities, thereby strengthening the country’s developmental security.

The statement noted that Al-Salehieh Real Estate Company is among the leading firms operating in the real estate sector, with activities spanning entertainment and hospitality within and outside Kuwait, as well as the development and maintenance of real estate projects, construction of commercial markets and tourist facilities, building, renting, and selling residential properties, and contracting works.

The establishment of the Kuwait Emergency Response Fund comes as part of an initiative proposed by the Kuwait Fund for Arab Economic Development and approved by the Council of Ministers. The Fund will manage the initiative and exercise full oversight of its activities, thereby enhancing national readiness and boosting the state’s capacity to face various challenges and exceptional circumstances.

The Fund reiterated its call for government institutions, public authorities, the private sector, and national financial institutions to contribute to supporting the Kuwait Emergency Response Fund, describing it as a national investment that contributes to strengthening developmental security and raising the country’s readiness to confront diverse challenges and exceptional circumstances.