KFAED’s Acting Director General Waleed Al-Bahar at the ceremony

KUWAIT CITY, July 5, (KUNA): Kuwait Fund for Arab Economic Development (KFAED) participated on Friday in Mongolia’s Undurkhaan Airport development and expansion project, a step towards the ongoing partnership between Kuwait and Mongolia. KFAED’s Acting Director General Waleed Al-Bahar said in a statement issued by the Fund that the project was financed by a grant previously provided by the Kuwaiti Government to the Government of Mongolia, under the Fund’s supervision, worth of KD 1.06 million (approximately USD 3.4 million).

He added that the Fund also signed a grant worth KD 80,000 (approximately USD 262,000) with the Government of Mongolia to finance the technical and economic feasibility study for the project, to transform it into a Category 4C international airport to be a major driver of economic development in line with Mongolia’s strategy to achieve sustainable development by 2050. He stressed that the airport expansion project will be a vital hub that contributes to facilitating transportation, stimulating trade, and creating new economic opportunities for the region, thus enhancing long-term growth and prosperity in Mongolia. The opening was attended by Minister of Roads and Transport of Mongolia Delgier Saikhan, the Ambassador of Kuwait to Mongolia Mutlaq Al-Thuwaimer, and a number of representatives of the Mongolian government. The Kuwait Fund has so far provided about KD 23.7 million (about USD 77.6 million) in soft loans, in addition to technical assistance amounting to KD 519 thousand (about USD 1.7 million) to Mongolia.

India’s Prime Minister Narendra Modi, left, receives the Order of the Republic of Trinidad and Tobago, the nation’s highest honor, from Trinidad and Tobago President Carla Kangaloo at presidential residence in Port of Spain, Trinidad and Tobago on July 4. (AP)

PORT-OF-SPAIN, Trinidad, July 5, (AP): Indian Prime Minister Narendra Modi promising continued trade and investment in Trinidad and Tobago on Friday in an address to the nation’s parliament.

“It’s time for us to work together to give the global south its rightful seat at the table,” Modi said. “For us there are no limits to our cooperation with you.”

The two-day trip was Modi’s first official visit to the diverse, twin-island Caribbean country that shares longstanding ties with India. The visit was expected to boost investment in energy, health, security and other sectors.

In his speech, Modi said that he saw “great potential” in working with Trinidad and Tobago on everything from developing new digital artificial intelligence tools to agriculture. He said that trade between the two countries was only set to grow “with human development at the center.”

Prime Minister of Trinidad and Tobago Kamla Persad-Bissessar announced a number of investments into medical, energy and technological infrastructure promised by Modi, and thanked the leader.

“This visit is more than just diplomacy. It marks a new dawn,” she said. “India, and Trinidad and Tobago, will now work as strategic partners.”

Minister of Commerce and Industry Khalifa Al-Ajeel is chairing the regular meeting of the Ministry of Commerce and Industry’s Emergency Committee, as part of the government’s ongoing efforts to strengthen the national food security.

KUWAIT CITY, July 3: Kuwait is making significant strides in establishing an integrated and secure food system designed to maintain stability and meet the needs of citizens and residents under various conditions, Minister of Commerce and Industry Khalifa Al-Ajeel announced on Wednesday.

The statement came following Al-Ajeel’s chairmanship of the regular meeting of the Ministry of Commerce and Industry’s Emergency Committee, part of the government’s ongoing efforts to strengthen national food security and oversee the implementation of related projects and strategic plans.

Al-Ajeel emphasized that the Emergency Committee remains fully committed to advancing the food security agenda, ensuring all components meet the highest standards of preparedness and sustainability. He highlighted the Ministry’s collaboration with multiple government agencies to guarantee the uninterrupted flow of essential commodities while enhancing the efficiency of Kuwait’s strategic food reserves.

“The successive meetings of the Emergency Committee demonstrate the seriousness and continuity of work on this vital file,” Al-Ajeel said, noting that specialized teams are actively working to complete the necessary elements of a comprehensive food system in an efficient and effective manner.

During the meeting, participants reviewed recent developments in food security initiatives, emergency response plans, updates to stock-related databases, and the progress of implementing approved measures within the executive framework of the food security program.

Officials also discussed enhancing inter-ministerial cooperation and overcoming logistical challenges to ensure market and sales outlet readiness, safeguarding against the impacts of regional or global disruptions.

The session was attended by senior officials including the Ministry’s Undersecretary (Vice Chairman of the Committee), the Assistant Undersecretary for Control and Consumer Protection Affairs, the CEO of Kuwait Supply Company, and representatives from key entities such as the Kuwait Ports Authority, the Union of Consumer Cooperative Societies, the Kuwait Union of Foodstuff Traders and Manufacturers, the Public Authority for Agriculture Affairs and Fish Resources, the General Administration of Customs, the Ministry of Social Affairs, as well as the Director of the Supply Department, who also serves as the committee secretary.

The coordinated efforts underscore Kuwait’s commitment to building a resilient food system capable of ensuring the nation’s food security under all circumstances.