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Zain contributes US$10 million to the Kuwait Emergency Response Fund

Zain Group has confirmed its support for the strategic national initiative launched by the Kuwait Fund for Arab Economic Development (KFAED) to establish the Kuwait Emergency Response Fund, which aims to strengthen national preparedness and enhance the country’s ability to address challenges and exceptional circumstances.

The Group contributed USD 10 million to the Kuwait Emergency Response Fund, noting that the initiative comes at a critical time and represents a collective national response during a period that calls for coordinated efforts and complementary roles among government institutions, the private sector, and all relevant stakeholders. This creates a shared national responsibility that requires active participation from major national institutions.

The current period, shaped by rapidly evolving regional developments and exceptional challenges, and their direct and indirect impact on national achievements, infrastructure resilience, and the continuity of essential services, highlights the need to unify national efforts and strengthen cooperation between government institutions and the private sector. This collaboration is vital to enhancing Kuwait’s preparedness and its ability to respond effectively to changing conditions and exceptional circumstances.

Zain’s support comes at a pivotal moment, with national challenges and priorities requiring the highest levels of preparedness and solidarity. As one of Kuwait’s leading national institutions, closely connected to the country’s socio-economic fabric throughout its various stages and challenges, Zain views its contribution as a national duty.

Zain Vice Chairman and Group CEO Bader Al-Kharafi said: “Under these exceptional circumstances, strengthening the country’s ability to address challenges and safeguard its socio-economic wellbeing is a shared national responsibility that requires the combined efforts of all sectors and institutions .”

“This KFAED-led initiative represents a national purpose that unites efforts under the wise leadership of His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, and requires us to continue working together, reinforce a culture of national responsibility, and strengthen effective partnerships.”

Al-Kharafi continued: “The Kuwait Emergency Response Fund represents a model of national partnership and reflects the State’s vision for building an institutional framework capable of responding swiftly to exceptional circumstances. By mobilizing national resources and directing them towards priority projects and needs, the Fund strengthens the State’s ability to prepare in advance, maintain stability and recover during crises and emergencies.”

Al-Kharafi concluded: “We extend our sincere appreciation to His Excellency Sheikh Jarrah Jaber Al-Ahmad Al-Sabah, Minister of Foreign Affairs and Chairman of the Kuwait Fund for Arab Economic Development and the KFAED management team, for leading this strategic national initiative. Their vision has embodied the highest standards of national responsibility and proactive institutional action at this important juncture. The establishment of the Fund reflects a forward-looking national approach that strengthens Kuwait’s preparedness and ability to respond to evolving challenges and circumstances, while safeguarding its development gains and ensuring the continuity of its vital services.”

KFAED has emphasized that the initiative is not simply a source of emergency financing, but an integrated national mechanism for mobilizing domestic resources and directing them towards the State’s priorities. It has also called on government institutions and the private sector to contribute to supporting the Fund.

For decades, Zain has consistently been at the forefront of institutions supporting national initiatives during crises and exceptional circumstances. The company has placed active contributions to stability and development, as well as support for high-impact initiatives, at the heart of its strategy.

As a leading provider of technology solutions and innovative digital services, Zain affirms that its responsibility extends beyond delivering connectivity. It also encompasses supporting the foundations of stability and strengthening the resilience of the critical infrastructure on which economic, development, and public service sectors depend.

Throughout its corporate journey, Zain has maintained a longstanding partnership with Kuwait’s national efforts and initiatives, accompanying the country through successive stages of development and transformation and serving as a national partner during moments of achievement and challenge alike.

For more than four decades, Zain’s name has been closely intertwined with Kuwait’s modern development journey. The company has witnessed the country’s progress, contributed to its achievements, and remained present through changing circumstances.

At every defining moment in Kuwait’s journey, Zain has demonstrated its unwavering commitment to its national responsibility, grounded in its belief that the private sector is an essential partner in supporting national efforts.



Source: https://www.zain.com/en/press-release/zain_kerf

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