Haberler      English      العربية      Pусский         Kurdî      Türkçe Delivering News and Insights Around the World Keltis
  En.Haberler.Com - Latest News
SEARCH IN NEWS:
  HOME PAGE 22/02/2018 02:09 
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
Champions League: Shakhtar Beat Roma 2-1 At Home -46 minutes ago...
Turkish youngster Cengiz Under's goal in his first ever Champions League match not enough for Italian side.
Over 50 Nigerian Schoolgirls Missing After Attack -1 minutes ago...
Incident took place on late Monday at girls only government secondary school in northeastern Yobe state.
Us: Melania Trump's Parents Become US Residents -1 minutes ago...
Couple ‘very likely relied’ on immigration process president trying to end, newspaper claims.
African Migrants Begin Hunger Strike Over Israel Policy -46 minutes ago...
Hunger strike comes after 7 Eritreans were jailed, according to Israeli media.
Argentine Truckers Strike Against Austerity -31 minutes ago...
Some say transport union leader Hugo Moyano is promoting the strike in a bid to avoid probe.

 
      Top News
Argentine Truckers Strike Against Austerity Argentine Truckers Strike Against Austerity
Turkey: Tougher Measures Pledged Against Child Abusers Turkey: Tougher Measures Pledged Against Child Abusers
Russia: Turkish Embassy Receives White Powder Envelope Russia: Turkish Embassy Receives White Powder Envelope
Infographıc - Iraq's Kurd Region Eyes Cross-Border Trade With Iran Infographıc - Iraq's Kurd Region Eyes Cross-Border Trade With Iran
Infographıcs - Turkish Army, Fsa Free Strategic Village İn Afrin Infographıcs - Turkish Army, Fsa Free Strategic Village İn Afrin
Update – Turkish Military Chief Visits Jordanian Capital Update – Turkish Military Chief Visits Jordanian Capital
Afghan Governor Acknowledges His Termination Afghan Governor Acknowledges His Termination
Japan Bank Keen To Work With Turkey İn Third Countries Japan Bank Keen To Work With Turkey İn Third Countries
Ypg/Pkk Aims To Establish Terror Corridor: Turkish Fm Ypg/Pkk Aims To Establish Terror Corridor: Turkish Fm
S. Korea To Resume Joint Military Drills With Us S. Korea To Resume Joint Military Drills With Us