Kuwait attracted around $3.2 billion in direct investment between January 2015 and the end of March 2019.

Rafael Nadal marries partner of 14 years, Xisca Perello
Rafael Nadal married his childhood sweetheart of 14 years, Xisca Perello, at a castle in Mallorca on Saturday. Nadal,…
4340 | the publication reaches you by | Kuwait OnlineIn its annual report for the fiscal year, between April 2019 and March 2019, the Kuwait Direct Investment Promotion Authority (KDIPA) revealed investment over the period totalled almost KD156 million ($514m).
According to the report, the investments were concentrated in the services sector, including information technology, oil and gas, construction, training, health, energy, consultancy, market research and entertainment services, and came from 37 global companies representing 16 foreign and Arab countries from developed and emerging economies.
KDIPA director general, Dr Meshaal Jaber Al Ahmad Al Sabah, said:
“The expected economic impact of these investments is extensive as it encourages direct and indirect job creation for Kuwaiti nationals, at various administrative and technical levels.
“It also allows for the execution of highly specialized training programmes, which, in turn, support local research activities and the local economy by generating viable linkages with suppliers and producers’ networks in the sectors associated with these projects.”

Boursa Kuwait announces net profit of KD 5.63 million for the period ended 30 June 2020
Against the backdrop of the unprecedented conditions brought on by the COVID-19 pandemic, Boursa Kuwait saw a net profit…
1051 | the publication reaches you by | Kuwait OnlineKuwait Today Business Subscription
Category: #Business | 2020/01/02 latest update at 10:51 AM
Source : Arabian Business | Photocredit : Google