Sunday 20 January 2019

#Kuwait announces initiative for $200 million technology investment fund | Reuters

Kuwait announces initiative for $200 million technology investment fund | Reuters:

Kuwait is launching an initiative to create a $200 million fund for investments in technology, its foreign minister said at an Arab economic summit in Beirut on Sunday.

Sheikh Sabah al Khalid al Sabah said Kuwait would give $50 million to the fund to allow “investment in the fields of technology and digital economy” which the private sector will take part in.

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