• HSBC

The Kuwait Fund for Arab Economic development will participate at 7th Muscat International fair

The Kuwaiti fund for Arab Economic development will participate at the 7th Muscat International Fair, which, will be held from the 19th of January to 22 at the Oman International Exhibition Center.

"KFAED will illustrate its presence at a stall exhibiting various published documents and prints explaining the role of KFAED in supporting developing Arab & Islamic Nations". Said Dhahook Elbadwan head of media programs at KFAED.

Further more, in Ms. Dhahook mentioned that the administration of KFAED is all set for this exhibition and to be in Oman during this event to promote activities of KFAED in the Sultanate by distributing a special booklet, which will available KFAED booth.

Mr. Tariq Ahmed Al-Jasim - Deputy President of KFAED exhibitions & conferences added that this booklet is featuring the Vital developing relations between the Sultanate and KFAED not to mention the $18.5 million natural gas agreement of the Sultanate with KFAED which was signed in 1976.

Mr. Al Jasim admired the 7th Muscat International Fair describing it as a successful event for the country and pleased to be with and part of the Kuwaiti exhibition representation.

KFAED until the end of year 2003, has provided about 641 loans since its establishment included developed countries a number of African, Asian, Arabian, and others from the Latin America region, distributing these loans on varies sectors such as Communication, Agriculture, Sanitary, Transportation, Energy, and other developing projects

Important to know that, the total Muslim and Arab Countries benefits from KFAED are 45 with a sum total of grants in excess of 8411 million $ and 33 relief assistance programs over 181 million $.
 
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For more information of 7th Muscat International Fair, please contact OITE on 564303.

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