Agreement sets framework for community projects, workforce training, sustainable growth
KUWAIT: The Kuwait Fund for Arab Economic Development has signed a memorandum of understanding with the United Nations to strengthen cooperation on community and development projects in Kuwait. The agreement aims to create job opportunities, support workforce skills and promote sustainable development by channeling global expertise into locally driven initiatives.
The first initiative under the MoU, Inclusive Employment and Empowerment, will focus on workforce development and creating tangible economic opportunities for the Kuwaiti population. Walid Al-Bahar, Acting Director General of the fund, said in a press release that the partnership reflects a shared commitment to “enhancing comprehensive development and supporting Kuwait’s national priorities.”
The agreement establishes a wide-ranging framework for collaboration. It covers community-focused initiatives for specific groups, which the press release didn’t name, and broader technical projects. It also allows for the exchange of publications and studies and encourages participation in forums, workshops and seminars. Both parties will hold regular consultations to coordinate activities and the MoU provides the right to negotiate independent agreements for targeted projects. Close coordination is emphasized to ensure that all activities align with the priorities and policies of both sides.
The Kuwait Fund has also provided a grant to support the projects approved under the MoU, backing UN efforts in Kuwait and helping translate the partnership into practical action. Ghada Al-Taher, UN Resident Coordinator in Kuwait, said the partnership reflects confidence in the UN as “a trusted partner capable of working both globally and locally to serve the Kuwaiti people.” She described the MoU as a “milestone in leveraging global development expertise for the benefit of Kuwaiti society,” highlighting its role in turning shared priorities into human-centered projects that create lasting impact.
Al-Taher also called the partnership “an addition to the long-standing collaboration between the Kuwait Fund and the UN in Kuwait,” emphasizing its potential to support sustainable economic empowerment and inclusive development across the country. — KUNA
