Etisalat's MSS gets Lloyd's register quality certificate

Updated 29 August 2012
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Etisalat's MSS gets Lloyd's register quality certificate

Dubai-based Etisalat's Managed Services Solutions (MSS) department has received an ISO/IEC 27001:2005 certificate from Lloyd's Register Quality Assurance, the corporation announced yesterday. The certification is in recognition of the managed services team's commitment to implement international standards in information security management systems for customers in the UAE.
Managed Services Solutions is one of the core departments within Etisalat, providing a range of managed services including, network management services such as routers, switches, voice and UC management, as well as security management services such as secured remote access, firewall and unified threat management, data center management and application management. The solutions cater to Etisalat's business customers in the UAE. MSS provides customers, a proactive monitoring, management and service support agreement on a 24x7 basis throughout the year.
The certificate was handed over to Etisalat by Nabil Tifratine, area financial controller-MEA of Lloyd's Register Quality Assurance, a well-known certification body accredited by UKAS (United Kingdom Accreditation Services) and specializing in the assessment and certification of management systems such as IEC/ISO 27001, ISO 9001, ISO14001 and OHSAS18001, in a ceremony held in Etisalat's Al-Kifaf building.
Fadhil Alansari, EVP, Etisalat Engineering, said: "This new accomplishment reflects the ongoing enhancement of our managed services as per international standards with the ultimate aim of providing the best products and services to our customers. The Managed Services Solutions department is a key unit and remains an integral component of the overall security assurance within Etisalat. These new standards will be valuable to our customers, who can now benefit from the enhanced quality and security standards."
"This distinction confirms Etisalat's success in its strategy to offer distinguished operational performance in all fields, while ensuring the Corporation's continued competitiveness," he said.
The certificate, which was presented by Lloyd's, determines the ability of companies to meet required working practices through field visits and examination of systems, in order to meet customer requirements.


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.