SANAA, April 4 (KUNA) -- The Kuwait Fund for Arab Economic Development
(KFAED) on Thursday agreed to grant Yemen USD 50 million for reconstruction
efforts in several Yemeni provinces
The grant agreement was inked by KFAED Country Mission Chairman Tareq
Al-Meneis and Yemeni Minister of International Cooperation Mohammed Al-Sa'di.
The grant is part of the funding Kuwait has pledged to Yemen in the 4th
Friends of Yemen meeting held in New York last September.
It aims to rebuild the areas ruined during the violent acts that erupted in
2011 through carrying out infrastructure and service projects in governorates
of Abyan, Aden, Lahj, Sanaa, Hajjah, Shabwa and Taiz. (end)
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