Kuwait hails King's assistance of $500 Million to the Arab Fund for Small and

Kuwait, December 07, SPA -- Kuwait has expressed its appreciation of the Custodian
of the Two Holy Mosques, King Abdullah bin Abdulaziz Al Saud for the Kingdom's
contribution of $ 500 million to the Fund for Supporting Small and Medium
enterprises aiming at providing new job opportunities, improving incomes, and
combating poverty in the Arab world.


Kuwait's Minister of State for Cabinet Affairs Rodhan Al-Rodhan pointed out the
Kuwaiti cabinet was briefed in its meeting on Sunday on the two messages exchanged
between the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz and
Kuwait's Emir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, with regard to the Kingdom's
contribution to the Fund.


The Fund was established at the initiative of the Kuwaiti Emir during Arab
Economic, Social and Development Summit, held in Kuwait earlier this year with a
capital of two billion dollars and Kuwait's contribution of $ 500 million to the
Fund.


Al-Rodhan said that the Kuwaiti cabinet expressed its great appreciation of the
King for this generous contribution to the Fund for supporting the private sector
in Arab countries, noting that this contribution will be a new addition of the
King's record in support of joint Arab actions and in the service of the Arab
nations.


He noted that the Cabinet also expressed its thanks to and appreciation of the King
and the Government of Saudi Arabia for their great efforts, services, facilities
and care provided for pilgrims.
--SPA 11:21 LOCAL TIME 08:21 GMT NNNN