Foreign or international body
Kuwait Fund for Arab Economic Development
In the news, last 90 days
Health
Veymandoo’s new hospital will be a reliable facility for the entire region: Kuwait Fund
The Maldives government and the Kuwait Fund for Arab Economic Development signed a loan agreement for 3 million Kuwaiti Dinars (about USD 9.7 million) to develop the Thaa Atoll Hospital in Veymandoo, the fund's first investment in the Maldivian healthcare sector and its 15th loan to the country. At the ceremony, the Kuwait Fund's Acting Director General also announced it is raising the Maldives' annual country limit from about USD 10 million to USD 40 million effective next year.
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
Discussion held with Kuwait Fund officials for the development of Thaa Atoll Hospital
Health Minister Geela Ali met officials of the Kuwait Fund for Arab Economic Development to discuss a proposed 50-bed hospital in Thaa atoll Veymandoo and how the fund could support the Maldivian health sector. President Dr Mohamed Muizzu had earlier pledged during a visit to Veymandoo to develop the island's atoll hospital and improve services at the existing hospital.
Health
Health Ministry, Kuwait Fund discuss 50-bed hospital in Thaa Veymandoo
The Ministry of Health, Family and Welfare discussed a proposed 50-bed hospital in Thaa Veymandoo with the Kuwait Fund for Arab Economic Development, covering the project and further cooperation in the healthcare sector. The project follows President Dr Mohamed Muizzu's November 2025 announcement in Veymandoo that it would proceed with Kuwait Fund assistance, and is expected to improve services at Thaa Atoll Hospital.
International · Press release
Finance Minister Zareer Meets Kuwaiti Finance Minister in Doha
Minister of Finance and Public Enterprises Hassan Zareer met Kuwaiti Finance Minister H.E. Dr. Yaqoub Al Sayed Al Rifai in Doha on the sidelines of the 2026 Asian Infrastructure Investment Bank Annual Meeting. The two discussed ongoing cooperation in sectors including health and coastal protection and explored ways to strengthen collaboration with the Government of Kuwait and the Kuwait Fund for Arab Economic Development through planned development projects.
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