Ritz-Carlton, Bahrain offers discounted holiday packages

Visitors residing in the Eastern Province of Saudi Arabia can enjoy the signature Rolls-Royce experience at The Ritz-Carlton, Bahrain.
Updated 26 January 2018
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Ritz-Carlton, Bahrain offers discounted holiday packages

The Ritz-Carlton, Bahrain is welcoming guests to experience a resort destination surrounded by lush gardens and sandy beaches perfect for a luxury escape to the island kingdom of Bahrain. With the holidays ahead, traveling families, leisure guests or romantic couples can enjoy the resort pleasures while saving up to 20-30 percent during their stay on select packages, from now until March 31.
Starting with the signature Rolls-Royce experience, visitors residing in the Eastern Province of Saudi Arabia (Dammam, Alkhobar and Dhahran) can opt for an elevated experience with a chauffeured Rolls-Royce Ghost to transport them from their home to the luxury beachfront resort.
The journey across the border continues with overnight Club Level or Villa accommodations, including unlimited access to food and beverage offerings at the resort’s elite Club Level Lounge.
“Our signature Rolls-Royce package for Saudi residents provides couples and ladies an exclusive luxury experience to and from their home destination unlike any other and with a savings value up to 30 percent,” said Soufiane Elallam, EAM — sales and marketing of The Ritz-Carlton, Bahrain.
Other packages, like Reconnect or the new Half Board Deluxe, feature an all-inclusive luxury travel experience with deluxe overnight accommodations, a morning breakfast buffet at La Med, as well as a daily resort credit for redemption at The Ritz-Carlton Spa or at one of the resort’s award-winning restaurants. With complimentary Wi-Fi access throughout the stay, guests can also stay connected and share #RCMemories with family and friends as they enjoy the resort’s five-star facilities including a private beach, indoor and outdoor swimming pools and more.
“We wanted to provide travelers with unique travel experiences, where they can truly enjoy more of the resort’s extensive offerings — from dining at our award-winning restaurants to unwinding with signature treatments at The Ritz-Carlton Spa. Both Reconnect and Half Board Deluxe are the perfect packages for a 360 resort experience and offer up to a 20 percent saving value,” Elallam added.
The five-star luxury Ritz-Carlton, Bahrain resort is located in the Al-Seef district in Manama, Bahrain.


Kuwait Fund for Development: Six decades of humanitarian and developmental impact across globe

Updated 22 January 2026
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Kuwait Fund for Development: Six decades of humanitarian and developmental impact across globe

On Dec. 31, the Kuwait Fund for Development marks the anniversary of its establishment, opening a new chapter of success and ambition as one of the most prominent pioneers of development on both regional and global levels. Founded in 1961, the fund became the first and oldest development institution to operate in Arab countries and other developing nations.

Today, after more than six decades of continuous work, the Kuwait Fund for Development remains steadfast in its mission and has never ceased its efforts to support development causes in developing countries. As it celebrates its 64th anniversary, the fund has drawn a national portrait under the theme “Partners in Development,” reflected through its projects spread across the globe, all of which aim to build brighter and more sustainable future.

An external development arm

The establishment of the Kuwait Fund for Development embodied a wise and visionary decision by the leadership of Kuwait at the time. Kuwait was the only developing country that chose to share the challenges of development with other developing nations, cooperating with them through the provision of concessional loans, grants, financial assistance, and technical support tailored to their development priorities.

Since its inception, the Kuwait Fund for Development has served as Kuwait’s external development arm, sparing no effort in supporting development causes and extending assistance to developing countries worldwide.

Vision and early beginnings

In the early 1960s, the late Amir Sheikh Jaber Al-Ahmad Al-Sabah, then head of the financial department, proposed the idea of establishing a development entity that would serve Kuwait’s foreign policy and assist Arab and other developing countries in achieving development across various sectors. The idea received strong support from the late Amir Sheikh Abdullah Al-Salem Al-Sabah, as it aligned with Kuwait’s vision at the time to build a modern state.

Consequently, an Amiri decree was issued on Dec. 31, 1961, establishing the Kuwait Fund for Development with an initial capital of 50 million Kuwaiti dinars ($162.6 million).

Global reach and development impact

The fund’s activities have extended to all corners of the world, contributing to the financing of projects in 106 countries, including 16 Arab countries, 41 African countries, 19 in East and South Asia and the Pacific, 17 in Central Asia and Europe, and 12 in Latin America and the Caribbean.

This support was delivered through 1,037 concessional loans provided to the governments of these countries, with a total value of approximately 7 billion Kuwaiti dinars. In addition, the fund has provided grants and technical assistance to support a wide range of development services, helping beneficiary countries implement their development programs. A total of 420 grants and technical assistance operations were extended, amounting to approximately 401 million Kuwaiti dinars.

Loan agreements

During the past year, the Kuwait Fund for Development signed several loan agreements supporting development across different regions of the world. Among these were two loan agreements with the government of Bahrain. The first loan, valued at 31.25 million Kuwaiti dinars, contributed to financing the Electricity Transmission Networks Development Project. The second loan, valued at 10 million Kuwaiti dinars, supported the Sheikh Jaber Al-Ahmad Al-Sabah Highway Development Project (Phase II).

On the sidelines of the World Bank Group meetings held in Washington, D.C., the fund has also signed a 4 million Kuwaiti dinar-worth loan agreement with Saint Lucia to help finance the Sir Julian R. Hunte Highway Project, as well as another 4 million Kuwaiti dinar-worth loan agreement with Belize to support the George Price Highway Project.

Supporting and assisting refugees

The Kuwait Fund for Development’s contributions to humanitarian action stand out at both regional and international levels. Since its establishment, the fund has represented a unique model in supporting and assisting refugees in countries affected by disasters, conflicts, and wars, in line with Kuwait’s moderate and balanced policy.

These efforts have helped strengthen Kuwait’s relations with Arab and international partners. The fund has played a significant role in the reconstruction of Lebanon and Iraq following periods of crisis, and its assistance to the Palestinian people has never ceased.

International Participation

Over the past year, the Kuwait Fund for Development recorded notable participations in major international forums. These included taking part in the 2025 annual meetings of the World Bank Group and the International Monetary Fund in Washington, D.C., with a delegation headed by the fund’s Acting Director General Walid Shamlan Al-Bahar. The fund also took part in the Tokyo International Conference on African Development, held in Tokyo, Japan.

Additional international engagements included participation in the Third UN Conference on Landlocked Developing Countries, held in Awaza, Turkmenistan, and the Fourth International Conference on Financing for Development, organized by the UN in Seville, Spain.