Haberler      English      العربية      Pусский         Kurdî      Türkçe Delivering News and Insights Around the World Keltis
  En.Haberler.Com - Latest News
SEARCH IN NEWS:
  HOME PAGE 26/05/2018 22:48 
14.02.2018 12:13 News >> Kuwait Pledges $2 Billion For Rebuilding Iraq

Kuwait Pledges $2 Billion For Rebuilding Iraq

Iraq invaded oil rich Kuwait in 1990 under former dictator Saddam Hussein.

By Mohamed Abdel-Ghaffar


Kuwait will earmark $1 billion in loans and another $1 billion in direct investments to neighboring Iraq, the country's emir announced Wednesday.


The announcement came at an international donor conference held in Kuwait for the reconstruction of Iraq following the war against the Daesh terrorist group.


"Iraq's security and stability is part and parcel of the security and stability of Kuwait and the region," Sheikh Sabah al-Ahmad al-Jaber al-Sabah told participants in the conference.

"The current crises and challenges facing the world require the international community to collectively work together at all levels," he said.


Some 2,300 companies from 70 countries are taking part in the conference, which kicked off on Monday.


Iraq aims to secure investments worth $100 billion to rebuild its infrastructure after a three-year war against Daesh.


Iraq invaded oil-rich Kuwait in 1990 under former dictator Saddam Hussein, before it was forced to withdraw by a U.S.-led military coalition. Saddam was later toppled by the 2003 U.S. invasion. -



        Latest News
Turkey's Opposition MHP Unveils Election Manifesto 8 minutes ago...
Opposition Nationalist Movement Party (MHP) pledges tax free fuel for farmers in its manifesto.
Dutch Tv Host Slams 'Double Standard' İn Netherlands 37 minutes ago...
De Vries says his country tolerates far right party’s insult on Muslims but does not tolerate criticism on Israel.
Ireland Votes İn Support Of Repealing Anti-Abortion Law -7 minutes ago...
66.4 percent of people voted in favor of repealing 8th amendment which had made abortion illegal.
Turkish Minister Slams Germany Over Pro-Pkk Rally 23 minutes ago...
Turkish EU Minister Omer Celik accuses Germany of patronizing terrorism.
Turkish-Africa Ties At Highest Point' 38 minutes ago...
Turkey’s relation with African continent gain momentum over past 10 years, says Turkish Foreign Ministry official.

 
      Top News
Over 6,700 Terrorist Neutralized Since 2016 İn Turkey Over 6,700 Terrorist Neutralized Since 2016 İn Turkey
Korean Leaders Meet For Surprise Second Summit Korean Leaders Meet For Surprise Second Summit
Over 150 Undocumented Migrants Held İn Turkey Over 150 Undocumented Migrants Held İn Turkey
Saudi Air Defenses İntercept Houthi Missile Over Najran Saudi Air Defenses İntercept Houthi Missile Over Najran
Turkish Group Distributes 5,000 Qurans İn Sri Lanka Turkish Group Distributes 5,000 Qurans İn Sri Lanka
8 Daesh Suspects Arrested İn Eastern Turkey 8 Daesh Suspects Arrested İn Eastern Turkey
Pakistan To Buy 30 Gunship Helicopters From Turkey Pakistan To Buy 30 Gunship Helicopters From Turkey
Car Bomb Kills 6 Civilians İn Libya's Benghazi Car Bomb Kills 6 Civilians İn Libya's Benghazi
Rohingya Need More Financial Aid To Face Monsoons: Un Rohingya Need More Financial Aid To Face Monsoons: Un
Over 185 Undocumented Migrants Held İn Western Turkey Over 185 Undocumented Migrants Held İn Western Turkey