The Ministry of Commerce contributes $1 million to the Kuwait Emergency Response Fund

Kuwait Commercial Real Estate Company announced its contribution of one million US dollars to the Kuwait Emergency Response Fund, reaffirming its commitment to supporting the national initiative launched by the Kuwait Fund for Arab Economic Development. This initiative enhances Kuwait’s readiness and preserves the sustainability of critical infrastructure and services, thereby contributing to the stability of the state and the continuity of its essential services.

The company emphasized that this initiative stems from its belief that serving the nation is a shared responsibility requiring concerted efforts to achieve a more stable and prosperous future. At this critical juncture, amid current changes and crises, it is imperative to unify national efforts and strengthen integration between state institutions and the private sector, supporting the country’s strategic priorities and enhancing its preparedness to handle various exceptional circumstances.

In this context, AbdulFattah Ma’arfi, Chairman of the Board of Directors of Kuwait Commercial Real Estate Company, stated: “Throughout its history, Kuwait Commercial Real Estate Company has been closely linked to the development journey of the State of Kuwait, contributing to the development of projects that formed part of the country’s urban and economic landscape. Building on this legacy, we believe that our role extends beyond developing real estate projects and managing assets; it includes contributing to national initiatives that enhance the state’s stability, reinforce its resilience, and contribute to the sustainability of infrastructure, which serves as a fundamental pillar for the continuity of development and the prosperity of the national economy.”

He added: “The Kuwait Emergency Response Fund represents a national model that reflects the importance of integrating roles between state institutions and the private sector. We at Kuwait Commercial Real Estate Company are proud to contribute to this initiative, firmly believing that supporting infrastructure efficiency and enhancing the state’s readiness constitute an investment in Kuwait’s future and the sustainability of its prosperity.”

Ma’arfi clarified that the real estate development and asset management sector is one of the fundamental pillars of the national economy, given its pivotal role in city development, enhancing the investment environment, improving facility efficiency, and supporting the sustainability of urban infrastructure. This underscores the responsibility of private sector institutions to contribute to initiatives that serve the state’s strategic interests and help consolidate the foundations of sustainable development.

Ma’arfi concluded his statement by praying to Almighty God for peace, security, and stability to prevail in Kuwait, all Gulf Cooperation Council countries, and the nations of the region, and for Kuwait and its people to be protected from all harm, under the wise leadership of His Highness the Amir of Kuwait, Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, His Highness the Crown Prince, Sheikh Sabah Khaled Al-Hamad Al-Sabah, and His Highness the Prime Minister, Sheikh Ahmad Nawaf Al-Ahmad Al-Sabah.