$1 Million Contribution by Al-Saleh Real Estate to the Emergency Response Fund

The Kuwait Fund for Arab Economic Development announced that Al-Salehiah Real Estate Company has contributed $1 million to support the Kuwait Emergency Response Fund, launched by the Fund on July 5, with the aim of strengthening the country’s readiness to confront challenges and exceptional circumstances.

In a statement, the Fund noted that “Al-Salehiah Real Estate Company made its contribution in line with its national social responsibility, and out of conviction in the importance of joint efforts and integrated partnership between the public and private sectors to address challenges and crises, thereby supporting national readiness, preserving stability, ensuring the continuity of services, and sustaining vital facilities, all of which enhance the country’s developmental security.”

The statement pointed out that Al-Salehiah Real Estate Company is among the leading firms operating in the real estate sector, with activities spanning entertainment and hospitality within Kuwait and abroad, as well as the development, maintenance, and management of real estate projects, construction of commercial markets and tourist facilities, and the building, leasing, and sale of private and public housing. The company also engages in contracting activities.

The establishment of the Kuwait Emergency Response Fund comes within the framework 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 country’s capacity to face various challenges and exceptional circumstances.