Senior Kuwaiti Royal Makes Donation to Aid Debtors, KUNA Says
Sheikh Salem Al-Ali Al-Sabah, a senior member of Kuwait’s ruling family, has donated 60 million dinars ($213 million) to help Kuwaitis in debt, those getting married, and new holders of doctorates, the state news agency KUNA reported.
Sheikh Salem, who is chief of the Gulf state’s National Guard, is giving 20 million dinars to Kuwaiti loan defaulters, each receiving about $14,200, 20 million dinars to newly married couples, and the remainder to new Kuwaiti doctorate holders, KUNA said, citing a statement from Sheikh Salem.
To contact the reporter on this story: Fiona MacDonald in Kuwait at email@example.com
To contact the editor responsible for this story: Shaji Mathew at firstname.lastname@example.org
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.