Boursa Kuwait renews its humanitarian partnership with Kuwait Red Crescent Society for second consecutive year

  • Date: 27-Nov-2022
  • Source: Zawya
  • Sector:Education
  • Country:Kuwait
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Boursa Kuwait renews its humanitarian partnership with Kuwait Red Crescent Society for second consecutive year

Kuwait: Continuing its obligations towards corporate social responsibility, Boursa Kuwait continued its partnership with the Kuwait Red Crescent Society (KRCS) as a Humanitarian Partner and sponsoring the Society’s “Basic Education” initiative, which aims to help underprivileged children gain an education and reduce the burden on their families by paying tuition fees and expenses. Since its inception in 2015, the initiative has supported over 18000 students as of 2021, including paying all education expenses for orphans.

The KRCS is a voluntary organization that offers aid and assistance to the most vulnerable cases, whether as a result of a social situation, the outbreak of war, or a natural disaster. The Society is self-independent and operates as the humanitarian support arm of the official authorities in the country.

Commenting on the continuing partnership between the two entities, Dr. Hilal Al-Sayer, Chairman of the Kuwait Red Crescent Society, said, “We are proud of the continuing partnership with Boursa Kuwait, an indication of a strong bond that has grown over the years. We aim to improve the living conditions of individuals and ensure a better future for them through this initiative, through which Boursa Kuwait can solidify its reputation as an example of giving back to the