Kuwait Foundation for the Advancement of Sciences: 7 Companies Support the Emergency Response Fund
Active across diverse economic sectors
The Kuwait Fund for Arab Economic Development announced yesterday that it had received a new tranche of contributions to the Kuwait Emergency Response Fund, provided by private sector companies and institutions. This reflects the continued national engagement with the initiative aimed at enhancing Kuwait’s preparedness and improving the efficiency of the emergency response system, underscoring the growing national partnership and the interest of the Kuwaiti private sector in supporting priority national initiatives.
In a press statement, the Fund said the new tranche included a cash contribution of $1 million from Al-Tijariya Al-Aqariya Company, alongside a joint contribution totaling $1 million from Sayed Hameed Bahbahani & Sons Company and Al-Ahliya Electrical Panels Company. The new tranche also included contributions of $500,000 each from Ajyal Real Estate and Entertainment Company and Al-Takhsis Holding Company, as well as a joint contribution of the same amount from KEFIC Investment Company and Estate Capital.
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The contributing entities include Kuwaiti companies active in diverse economic sectors. Al-Tijariya Al-Aqariya Company is a leading firm in real estate investment and development, holding a diversified portfolio of real estate and investment activities across residential, commercial, and hotel sectors both within and outside Kuwait.
Sayed Hameed Bahbahani & Sons Company is active in engineering, project management, civil, mechanical, and electrical works, as well as the execution of integrated construction projects and hospitals. Al-Ahliya Electrical Panels Company specializes in providing engineering solutions and manufacturing equipment for the transmission and distribution of electrical energy, including main, secondary, and integrated substations.
Ajyal Real Estate and Entertainment Company operates in the real estate sector, alongside its activities in entertainment and real estate fund management. Al-Takhsis Holding Company focuses on investment and asset management, investing in strategic sectors and projects including infrastructure, energy, financial services, healthcare, and transportation, with a focus on public-private partnership opportunities.
KEFIC Investment Company provides diverse investment and financing services and solutions, with its core activities centered on asset management and corporate financing, as well as portfolio management solutions, consulting, financial services, and investment services. Estate Capital is a Kuwait-headquartered real estate investment company compliant with Islamic Sharia principles, specializing in global real estate investment opportunities and possessing expertise in international markets and providing investment solutions tailored to investors’ needs.
The Kuwait Emergency Response Fund was established by an initiative from the Kuwait Fund for Arab Economic Development, with the approval of the Council of Ministers, to enhance national response efficiency and strengthen the capacity of relevant authorities to confront emergencies effectively and efficiently.
