Market Talk: Structured finance needs set to grow 17 December 2020
Ahli Bank of Kuwait’s (ABK) structured finance team is focused on finding innovative solutions for post-Covid growth
Q&A with ABK s Yasmine Salamah, general manager structured finance – Kuwait, and Tom Lind, senior executive officer, DIFC branch, and head of regional corporate finance
Q. What is the significance of structured finance as part of ABK’s wider offering?
During the past years, ABK has proven itself to be a market player in the structured finance field in our core markets of
Kuwait, the UAE and Egypt.
With public-private partnership projects driving the development of infrastructure in Kuwait, ABK has focused on clients that aim to play a key role on projects led by the Kuwait Authority for Partnership Projects (KAPP) and Public Authority for Housing Welfare (PAHW).
Health ministry successful during pandemic despite challenges
KUWAIT: Kuwait’s Health Minister Sheikh Dr Basel Al-Sabah said his ministry has been successful in providing adequate healthcare to the public in spite of the many challenges resulting from the COVID-19 pandemic. Laws on medical practices and related professions and the rights of patients and healthcare facilities are other important achievements, the minister said at a public government briefing.
He referred to a separate law on mental health, which aims to protect the medical and human rights of the psychiatric patient, and gives healthcare professionals the right to intervene to prevent the patient from inflicting potential danger to themselves or society. This law addresses the matters of confidentiality and examination and evaluation procedures for entering the healthcare facility along with the conditions for their stay, he explained. This is important, the minister said, because it targets the matter of families