Person
Rashid Al-Bader
Described in the news as: Acting Director General; Kuwait Fund Acting Director General.
In the news, last 90 days
Infrastructure
Kuwait Fund extends USD 9.7 million loan for Thaa Atoll Hospital in Veymandoo
The Finance Ministry and the Kuwait Fund for Arab Economic Development signed a USD 9.7 million loan agreement on November 4, 2026 to establish an atoll hospital in Th. Veymandoo. Kuwait Fund Acting Director General Rashid Al-Bader said it is the Fund's 15th loan to the Maldives and its first investment in the country's health sector, and that the annual country loan limit will rise from about USD 10 million to USD 40 million from next year.
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