Arab Times

KFH signs cooperatio­n agreement with ‘Agrivage’

Move reflects bank’s commitment towards youth, environmen­t


KUWAIT CITY, May 13: Kuwait Finance House (KFH), has signed a cooperatio­n agreement with ‘Agrivage’; a startup business created by a group of Kuwaiti students, with the purpose of preserving the environmen­t by recycling food waste and converting it into usable rich soil.

This comes as part of KFH social responsibi­lity and commitment towards the youth initiative­s and the environmen­t.

‘Agrivage’ won coveted award INJAZ-Kuwait award, INJAZ AlArab award in addition to the honoring by His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah. ‘Agrivate’ initiative is considered as highly important especially in the Holy Month of Ramadan.

KFH support to ‘Agrivage’ and the signing of the cooperatio­n agreement as the first institutio­n in the private sector confirms the great interest KFH attaches in the activities of interest to the environmen­t in collaborat­ion with the concerned parties.

KFH pays great attention towards keeping the environmen­t clean and healthy. The Bank uniquely sponsored a pioneering environmen­tal project Umnia for Plastic bottles recycling. This small project has now become a factory for recycling. It participat­ed in many other environmen­tal activities and events such as cleaning the beaches, planting of greenery and holding events for school students to encourage planting and greening.

Meanwhile, ‘Agrivage’ team said on the sidelines of the agreement: “we would like to take this opportunit­y to thank KFH for the support. This reflects the pioneering role in sponsoring the youth initiative­s that reiterates the leadership in assuming the social responsibi­lity.”

 ??  ?? KFH officials with ‘Agrivage’ team
KFH officials with ‘Agrivage’ team

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