Latest News
- Appeal Court Upholds Death Ruling In Friend’s Kill
- Pakistani Expat Died In A Tragic Accident
- The Hourly Domestic Workers Service Is A New Scam
- Kuwait Will Experience Moderately Hot Weather Over The Weekend
- No Additional Side Effects Found Of COVID-19 Vaccines In Kuwait
- Kuwait, Oman Sign A Nurse Training Agreement
- Saudi Arabia And Kuwait Share The Durra Field
- Citizen Detained For Alleged Involvement In Terrorist Plot
- Student Beaten By Teacher, Insulted
- MoH Issues New Drug Pricing Regulations
- On International Labor Day, Kuwait Affirms Its Commitment To Wor...
- MEW's Water & Power Plants Reach 95% Kuwaitization
Kuwait Swf Investments In The Us Said To Be Worth Over 300bn Dollors
Kuwait's sovereign wealth fund investments in the United States are estimated at more than $300 billion, according to the Kuwait News Agency (KUNA).
The report coincides with the visit by Kuwait's emir, Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, to the US, with figures provided by the US Embassy in Kuwait.
It said Kuwait's exports to the US are primarily petroleum products, adding that MEGlobal, a wholly-owned subsidiary of Equate Petrochemical Company, is building a new monoethylene glycol manufacturing facility in Houston, Texas.
;
Kuwait also has investments in the Hudson Yards Project, the largest privately-funded real estate development project in North America, noted the report which was cited by state news agency WAM.
It said that Kuwait also investments in tech start-up and enterprise investment, nurturing US technology, and small, but rapidly growing, companies.
According to the statistics, US companies are also well represented in several sectors in Kuwait, including oil and gas, defence and automotive areas.
US medical equipment is also abundant throughout Kuwait's hospitals and clinics, KUNA added
SOURCE : ARABIANBUSINESS
Trending News
-
Expat Residency Law Amended By Kuwait Ministerial...
20 April 2024
-
Ministry Announces Separate Time For Amnesty Seeke...
21 April 2024
-
The Ministry Connects With Violators Of Residency...
23 April 2024
-
Two Expats Are Arrested For Stealing From Salmiya...
17 April 2024
-
Work Permits Will Be Issued For One Year Under The...
27 April 2024
-
AstraZeneca Admits Covid Vaccine Can Cause Rare Si...
29 April 2024
-
3 Expats Caught In Salmiya With 213 Bottles Of Loc...
23 April 2024
-
Temperature Increases Cause Electricity Load Index...
21 April 2024
-
Al-Nuer Festival Celebrates Kuwaiti Agriculture Wi...
22 April 2024
-
Peak-time 'cut-offs' Raise Fears Of An Electricity...
22 April 2024
Comments Post Comment