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FINANCIAL NEWS
Kuwait eyes investing in India
10 Nov 2013
(MENAFN) Prime minister of Kuwait said that Kuwait is interested in investing some of its USD350 billion fund in India during a meeting with Indian officials, according to Arab News.
Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah, arrived in India last Thursday.
The new investments will include infrastructure projects, power projects, toll bridges, and others.
A senior official in Prime Minister’s Office said: “The visit of the Kuwaiti Prime Minister comes after a long gap of 49 years, and is expected to take the bilateral relations between India and Kuwait to a new level.”
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