KUWAIT: The Kuwait Fund for Arab Economic Development (KFAED) signed a $2.1 million grant agreement with the United Nations High Commissioner for Refugees (UNHCR) on Thursday. The grant will support a project aimed at rehabilitating and repairing homes for displaced families in Yemen. According to a press release, the project will assist returning displaced families by providing the materials, equipment, and labor needed to repair homes damaged by Yemen’s ongoing conflict. It is expected to directly benefit approximately 670 families.

Walid Al-Bahar, Acting Director-general of KFAED, highlighted that this agreement demonstrates Kuwait’s commitment to supporting the Yemeni people, who continue to face severe humanitarian and economic challenges. UNHCR Representative in Kuwait, Nisreen Rubaian, noted that Yemen is enduring one of the world’s most complex humanitarian crises.

With more than four million people displaced and 40 percent of the population facing inadequate housing, the need for such assistance is urgent. This grant marks the eighth collaboration between KFAED and the UNHCR. Since 2016, Kuwait has contributed approximately $24 million to fund seven humanitarian projects. KFAED is a development institution that provides concessional loans and development aid to help finance projects in developing countries. —KUNA