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SME fund backs 1,040 projects, boosting talent

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KUWAIT: The Acting Director-General of the National Fund for Small and Medium Enterprise Development, Heba Al-Refai, announced Sunday that 1,040 projects are currently active under the fund’s sponsorship, spanning across various sectors of the economy.

Speaking to the Kuwait News Agency (KUNA), Al-Refai said that commercial sector projects make up about 40 percent of the fund’s portfolio, matched by another 40 percent from the service sector. Industrial projects account for 14 percent, while craft and agricultural projects represent four percent and two percent respectively. She noted that these projects form a key part of Kuwait’s entrepreneurship support system, with the fund prioritizing technical and administrative backing to help ensure their operational efficiency, sustainability, and long-term growth.

Reviewing policies

Al-Refai emphasized the fund’s efforts over the past period to diversify its financing portfolio to meet the evolving needs of the local market. She also revealed that the fund is currently reviewing its policies and operational procedures to enhance the effectiveness of its support and to achieve greater developmental impact. She stressed that these efforts are part of a broader commitment to align with best practices and applicable regulations, while also boosting collaboration with several government entities to support entrepreneurs and startups.

Al-Refai praised the fund’s ongoing cooperation with entities such as the Ministries of Commerce, Finance, and Information, the Public Authority for Industry, the Public Authority of Manpower, the Customs Directorate, the Central Agency for Public Tenders and the Ministry of Social Affairs. This integrated approach, she said, aims to simplify procedures and create a more supportive environment for the growth of small and medium-sized enterprises (SMEs) in Kuwait.

Launch of “Mubader Plus”

Highlighting recent initiatives, Al-Refai spoke about the “Mubader Plus” program, designed to empower SME owners and equip them with the skills needed for a knowledge-driven economy. The four-month program included specialized workshops on strategic content development, marketing, legal and accounting practices, and market analysis. It also featured one-on-one mentoring sessions with expert advisors and consultants.

Al-Refai described “Mubader Plus” as a reflection of the fund’s belief that true investment lies not only in financial support but also in building entrepreneurs’ capacities for understanding, analysis, and management. She emphasized that the program arrived at a critical time, responding to rapid economic and technological changes, and aimed at enabling young Kuwaiti talents to compete, innovate, and adapt. The initiative aligns with Kuwait’s broader vision to support a knowledge- and innovation-driven economy, preparing entrepreneurs to overcome challenges and sustain growth.

Updated loan repayment

Al-Refai also highlighted a major change to the Fund’s loan repayment policy. Under the new system, entrepreneurs will now benefit from the full 15-year repayment period without counting grace periods or installment deferrals within that timeframe. She said the amendment was made in direct response to the needs of small and medium project owners, and is already being implemented, with the Fund now accepting applications under the new terms. Al-Refai affirmed that the decision aims to ease financial pressure on entrepreneurs, enhance project sustainability, and provide clearer regulatory frameworks to support Kuwait’s next generation of business leaders. — KUNA

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Kuwait Acting PM receives Antigua and Barbuda’s Foreign Minister

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 KUWAIT:  Kuwait’s Acting Prime Minister Sheikh Fahad Yusuf Al-Sabah, received on Wednesday at Bayan Palace, in the presence of Foreign Minister Abdullah Al-Yahya, Antigua and Barbuda’s Minister of Foreign Affairs, Trade, and Barbuda Affairs Everly Paul Chett Green, along with his accompanying delegation, on the occasion of his visit to the country.

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During the meeting, the two sides reviewed bilateral relations between the two countries and ways to strengthen them, in addition to exchanging views on issues of mutual interest. — KUNA

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Sept 4 declared holiday for Prophet’s birthday

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KUWAIT: The Cabinet on Tuesday announced that work in all ministries, government agencies, public institutions, and affiliated bodies will be suspended on Thursday, September 4, 2025, in observance of the Prophet’s (PBUH) Birthday (1447 AH).

The decision was made during the Cabinet’s weekly meeting, chaired by Acting Prime Minister and Minister of Interior Sheikh Fahad Al-Yousef Al-Sabah. Official duties will resume on Sunday, September 7. The Cabinet noted that entities with special operational schedules will determine their working hours in coordination with the relevant authorities. — KUNA 

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Expert urges caution as rising humidity triggers respiratory issues

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KUWAIT: As Kuwait experiences a combination of humid and dusty weather, a health expert warns that these conditions can significantly worsen respiratory illnesses such as asthma and allergies. Northern winds often bring dust storms typical of Kuwait’s desert environment, while rising humidity levels add another layer of challenge for vulnerable individuals.

“Humid air is heavy on the respiratory system because it’s saturated with water, making breathing more difficult,” Dr Abdullah Al-Mutairi, a consultant in respiratory diseases and intensive care, told KTV news channel. When moisture fills the air, tiny particles that usually settle on the ground become airborne, aggravating symptoms for allergy sufferers. Dust also plays a major role in triggering breathing problems, he explained.

“The current weather is humid and hot, which irritates the respiratory system, especially for those with allergies or asthma,” said Dr Al-Mutairi. “People should monitor air quality and avoid going outside when it’s poor. Staying indoors in air-conditioned, enclosed spaces is much safer for them.”

People living with asthma and allergies shared their coping strategies with KTV, emphasizing the importance of staying indoors and carrying necessary medications. “If you must go out, wear a mask and carry your medicines,” advised one participant. Another warned, “Avoid sudden changes between humid outdoor air and cold air-conditioning.”

Dr Al-Mutairi also addressed concerns about post-COVID-19 respiratory sensitivity. “Severe viral infections like COVID-19 can cause individuals who never had respiratory issues to develop allergies afterward,” he said. He cautioned against the misuse of inhalers, noting they’re not typically appropriate treatments for common colds or the flu. Patients with moderate to severe asthma often experience symptoms daily or several times a week and require regular use of preventive inhalers to protect their respiratory system from external irritants.

“For mild asthma, symptoms usually occur during viral infections or extreme weather, and inhalers may only be needed during those times,” he explained. The duration of inhaler use varies depending on the patient’s severity and response, ranging from a few days to several weeks.

Importantly, he clarified that not every wheezing episode indicates asthma. Wheezing can also result from sinus infections or other viral illnesses, and inhalers are not prescribed in all cases.

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