Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Kuwait 'Most Generous' Donor Nation So Far For Syria  Join our daily free Newsletter

MENAFN - Arab Times - 12/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab Times) A UN Development Programme (UNDP) official on Thursday said Kuwait has been the "most generous" donor nation and has taken a "leading role" in coordinating and contributing to the international response to the Syrian humanitarian crisis in recent years, hosting two major International Humanitarian Pledging Conferences for Syria and fulfilling its pledges. Kuwait has been "the most generous donor nation so far in helping to deal with the on-going emergency," Sima Bahous, UN Assistant Secretary-General and Director of the Regional Bureau for Arab States of UNDP, said in a statement, recalling that Kuwait contributed 300 million to the overall UN response in 2013 and 500 million this year



"The leadership of the State of Kuwait in the regional and international response to the Syria crisis has been exemplary. UNDP is thankful for Kuwait's generous contributions towards our shared goal of a better future for the Syrian people and communities in neighboring countries," she said. Participants at the Kuwait II Pledging Conference for Syria held on January 15 pledged 2.3 billion. Kuwait pledged and delivered 500 million: 250 million through the State of Kuwait, 200 million through Kuwaiti Non-Governmental Organisations (NGO)s, and 50 million through the Kuwait Fund for Development



Kuwait this week contributed 2.5 million towards UNDP's emergency support in Syria and neighboring countries. The check was delivered last Monday during a ceremony held at the UN by Kuwaiti Permanent Representative Ambassador Mansour Ayyad Al-Otaibi to Jordan Ryan, Director of UNDP's Bureau for Crisis Prevention and Recovery. Kuwait's contribution to UNDP last year was 3 million. During the same ceremony, Ambassador Al-Otaibi also delivered checks for 3 million to the Office for the Coordination of Humanitarian Affairs (OCHA); 34. 5 million to the UN Children's Fund (UNICEF); and 15 million to the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA)



A total of seven United Nations humanitarian agencies and the International Organization for Migration (IOM) received checks from the Government of Kuwait in both New York and Geneva the same day, totaling 249.5 million. Kuwait's contributions on Monday both in Geneva and in New York brought the percentage of funds received following the Kuwait II Pledging Conference to nearly 44% of the 2.3 billion pledged

 


Arab Times




  MENA News Headlines
 Mar 3 2015 - Cruise liner traffic bound for Abu Dhabi to grow 25 percentMENAFN
(MENAFN) An increase of 25 percent in cruise liners calling at Zayed Port will help to lift the number of cruise tourists by 50 percent this season, The National reported.This season above 94 vessels ...

 Mar 3 2015 - UAE non-oil business growth declines in FebruaryMENAFN
(MENAFN) Business activity growth in the UAE non-oil private sector decreased to a five-month low in February but remained strong and above the average for 2014, a corporate survey showed, The ...

 Mar 3 2015 - Kuwait Fund grants USD23.8m to irrigation project in Lao RepublicMENAFN
(MENAFN) Kuwait Fund for Arab Economic Development (KFAED) has signed a loan agreement in the city of Vientiane with the Democratic Republic of Lao, whereby the Kuwait Fund will offer the government ...

 Mar 3 2015 - Bahrain to launch USD22b development projectsMENAFN
(MENAFN) The government of Bahrain will be carrying out giant development projects with a value exceeding USD22 billion, Minister of Information said, KUNA reported.Bahrain is continuing with its ...

 Mar 3 2015 - KFAED finances USD13.47m loan to BelizeMENAFN
(MENAFN) Kuwait Fund for Arab Economic Development (KFAED) provided a USD 13.47 million loan to Belize to help in a road restoration project, a statement by the fund showed, KUNA reported.The ...

 Mar 3 2015 - FDI in Qatar posts USD30.65bMENAFN
(MENAFN) Foreign direct investments (FDI) inflow to Qatar registered USD30.65 billion at the end of 2012, a 1.2 percent growth from a year ago. Though the FDI has targeted various economic activities ...

 Mar 3 2015 - Oman's Raeco to invest USD395.75m for power expansionsMENAFN
(MENAFN) A total of USD395.75 million will be invested by Rural Areas Electricity Company (Raeco) in the next three years to raise the power generation capacity, transmission lines and distribution ...

 Mar 3 2015 - Kuwait Investment to cut US investmentMENAFN
(MENAFN) The Kuwait Investment Office (KIO), the London branch office of sovereign wealth fund Kuwait Investment Authority, is gradually reducing its overweight stance on US assets after keeping that ...

 Mar 3 2015 - Oman's NDC hits sales revenue of USD60.47m in 2014MENAFN
(MENAFN) National Detergent Co. (NDC), one of the leading FMCG companies in the sultanate, has posted total sales revenue of USD60.47 million for full-year 2014, compared with USD56.13 million a year ...

 Mar 3 2015 - 100 per cent rise in FDI expected this yearKhaleej Times
(MENAFN - Khaleej Times) Egypt expects 100 per cent increase in foreign direct investment, or FDI, during the current fiscal year compared to last year, Investment Minister Ashraf Salman said on ...

more...


 






Google

Arab Advisors_12th convergence conf

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help