Person
Rashaid A. Al-Bader
Described in the news as: Acting Director General.
In the news, last 90 days
Economy
Kuwait Fund quadruples Maldives’ annual financing limit to USD...
The Kuwait Fund for Arab Economic Development agreed to raise the Maldives' annual financing limit from USD 10 million to USD 40 million from 2027, and signed a loan agreement worth about USD 9.7 million for a 50-bed hospital in Veymandoo. The two sides also discussed possible financing for the Thilafushi port development project as the partnership marks 50 years.
Health · Press release
Agreement signed with Kuwait Fund to develop Th. Atoll Hospital
The Government of the Maldives signed an agreement with the Kuwait Fund for Arab Economic Development for a loan of 3 Million Kuwaiti Dinars (about USD 9.7 million) to build a modern 50-bed Th. Veymandoo New Hospital in Th. Atoll. The Fund also announced it will raise its annual loan limit for the Maldives from USD 10 million to approximately USD 40 million from 2027 onwards.
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