21-06-2025
Kuwait Fund lights up in blue to mark World Refugee Day
KFAED, UNIDO ink deal to support fragile states
KUWAIT: The Kuwait Fund for Arab Economic Development (KFAED) illuminated its headquarters in blue on Thursday in solidarity with refugees worldwide, reaffirming its humanitarian commitment on the occasion of World Refugee Day. The symbolic gesture reflects Kuwait's longstanding support for displaced populations and its call for international solidarity to alleviate their suffering. Acting Director General of KFAED, Waleed Al-Bahar, stressed in a press statement that both the State of Kuwait and the Fund have played a vital role in extending aid to refugees globally, working in collaboration with various UN agencies and international organizations dedicated to refugee and human rights issues.
Al-Bahar noted that the Fund maintains strong partnerships with the United Nations High Commissioner for Refugees (UNHCR), the UN Relief and Works Agency for Palestine Refugees (UNRWA), and UNICEF. It also collaborates with institutions such as the Children's Cancer Center in Lebanon, the King Hussein Cancer Foundation in Jordan, and the Kuwait Red Crescent Society (KRCS) to implement projects aimed at improving the living and health conditions of Syrian, Palestinian, and Rohingya refugees.
'This cooperation stems from our firm belief in the need to secure a dignified life and protect the rights of refugees in a sustainable manner,' he said, highlighting Kuwait's historic humanitarian efforts in supporting vulnerable communities across the globe. Al-Bahar underlined that World Refugee Day, observed annually on June 20, serves to honor the strength and resilience of displaced individuals forced to flee due to war, persecution, or natural disasters. He reaffirmed KFAED's continued efforts to enhance refugees' living conditions through impactful partnerships with regional and international stakeholders.
Acting Director General of the Kuwait Fund for Arab Economic Development, Waleed Al-Bahar, with Director General of the United Nations Industrial Development Organization (UNIDO), Gretchen Mulller.- KUNA photos
KFAED, UNIDO ink deal
Separately, on the sidelines of the 4th OPEC Fund Development Forum held in Vienna, KFAED signed a joint coordination framework with the United Nations Industrial Development Organization (UNIDO) to identify and finance development projects in conflict-affected regions. Speaking to KUNA, Al-Bahar said the agreement marks the first official collaboration between KFAED and UNIDO, aiming to facilitate development efforts in fragile states, including the occupied Palestinian territories, Syria, Yemen, and Sudan.
'This memorandum is a starting point for strategic long-term cooperation,' Al-Bahar said, adding that the initiative will leverage UNIDO's technical expertise to deliver sustainable solutions in crisis-hit areas. For his part, UNIDO Director General Gerald Müller underscored the agency's focus on implementing practical, high-impact projects, particularly in Africa and Latin America. He highlighted the importance of strong partnerships to enhance industrial development, food security, and renewable energy deployment in vulnerable regions.
'Our core work centers on implementation,' Müller stated, emphasizing the organization's experience in hydrogen energy, infrastructure networks, and water and energy management. He noted that food security remains a priority area for Arab and African nations, and UNIDO brings substantial technical experience to this sector. The 4th OPEC Fund Development Forum, held under the theme 'Transformation Empowers Our Future,' brought together heads of state, policymakers, experts, and innovators to advance inclusive growth and equitable transformation, with a focus on South-South cooperation.- KUNA
