KUWAIT - Apr 4 - FM Named.

Emir Shaikh Jaber Al-Ahmad Al-Sabah appoints long-serving bureaucrat Bader Mishari Al-Humaidhi as new FM. Humaidhi replaces Mahmud Al-Nuri whose resignation was accepted on Apr 3 one year after he submitted it following a vote of no-confidence in the outspoken Parliament which he narrowly survived. Nuri was questioned in the 50-seat Parliament in March last year over allegations he squandered public funds. PM Shaikh Sabah Al-Ahmad Al-Sabah said the minister's resignation had been accepted for health reasons. Since 1986, the new minister had been director general of the Kuwait Fund for Arab Economic Development (KFAED), a state-run fund that provides development loans at reduced interest rates. Humaidhi, 56, holds a university degree in economics and is the emirate's representative on several international economic bodies.