Latest News
- Kuwait Customs Seized 2 Containers Laden With Tobacco At Shuwaik...
- Unpaid Salaries, Accountant Beaten Up By Workers
- The Sahel App Was Not Hacked, A Spokesman Claims
- Four Expats Arrested For Stealing Copper Cables Worth 60,000 Din...
- Indian National Died In Abdalli Car Accident
- Work Permits And Foreign Worker Transfers Are Amended By PAM
- Kuwait Weekend Temperatures Will Hit 39 Degrees
- In Just Two Years, The Civil Service Bureau Sees A Surge Of 10,0...
- Kuwait's Commitment To Combat Human Trafficking
- Kuwait's Announces Modernizing Renewable Energy Update
- Kuwait Society Of Engineers And Indian Embassy Address Engineer...
- IMF And World Bank Align On Kuwait's Economic Growth
His Highness Amir Inaugurates Kicri
His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah congratulated the Iraqi people on victory achieved and led to the defeat of the so-called Islamic State (IS) and abolishing it from most its soil. His Highness's remark came during the official inauguration of the Kuwait International Conference for the Reconstruction of Iraq (KICRI) on Wednesday.
The significant level of participation in this Conference, either government, civil or private, came as a global recognition of the magnitude of sacrifices by Iraq in its fight against terrorism, His Highness noted, pointing out that the international community sought to reward these sacrifices that turned lives of Iraqis in IS-controlled areas into a "living hell."
Results of this Conference are a continuation of all "our" efforts, His Highness said. "Yet, we should not neglect the suffering of our brothers in Syria and Yemen due to the ongoing conflicts taking place there, but we are confident that we and the international community will support them as soon as security and stability are restored."
His Highness carried on saying that the magnitude of destruction inflicted on Iraq by terrorist groups could not be overlooked, which requires Iraq to embark on an inclusive reconstruction process that would cover infrastructure and other public utilities; a task that cannot be endured by Iraq alone, and a matter that urged "us" to call on the international community to partake and shoulder its responsibility.
"In light of our realization of such consequences, we considered the vital role of the private sector in reinvigorating the investment environment in Iraq. Last night, more than 2,000 businesses from the private sector came to examine investment opportunities in Iraq. Also, non-governmental organizations contributed in lessening the suffering of the Iraqi people."
His Highness, during the speech, extended appreciation to Iraq, the United Nations, the European Union and the World Bank, all as co-chairs of KICRI, along with the host country.
His Highness concluded by announcing a USD one billion in loans to Iraq through Kuwait Fund for Arab Economic Development, as well as another USD one billion in investments in Iraq.
Trending News
-
Eid Al Fitr 2024: Crescent Moon Not Sighted In Sau...
08 April 2024
-
Kuwait Implements Home Biometrics Services Ahead O...
14 April 2024
-
When Will Eid Al Fitr 2024 Take Place In Qatar, Ba...
08 April 2024
-
On Sunday, The Meteorological Department Warns Of...
07 April 2024
-
Kuwait Airways Provides Update On Flight Schedule...
14 April 2024
-
Winners Of Kuwait National Assembly 2024 Elections
06 April 2024
-
Kuwait Airways Introduces Convenient Home Luggage...
15 April 2024
-
Gathering For Eid Al-Fitr Prayers: Kuwaiti Citizen...
10 April 2024
-
Bay Zero Water Park Kuwait: Summer Season Opens Ei...
11 April 2024
-
An Egyptian Expat Dies At Kuwait's Airport
11 April 2024
Comments Post Comment