Financial and Banking News

AID FLOWS 

Humaidhi Appointed Director General of KFAED 

Mr. Badr al-Humaidhi was appointed last week Director General of the Kuwait Fund for Arab Economic Development. Mr. Humaidhi who was KFAED's Deputy Director General, replaces Mr. Faisal al-Khalid who was appointed Minister of Trade and Industry in the latest Kuwaiti cabinet reshuffle. Mr. 'Abd al-Wahab al-Badr, former director of operations at the Fund, was appointed Deputy Director...