Haberler      English      العربية      Pусский         Kurdî      Türkçe Delivering News and Insights Around the World Keltis
  En.Haberler.Com - Latest News
SEARCH IN NEWS:
  HOME PAGE 22/08/2018 05:47 
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
Trump Quiet As Legal Woes Grow 7 minutes ago...
No mention of Cohen guilty plea, Manafort guilty verdict in campaign rally speech.
Prisoners İn US Strike To Protest 'Modern Slavery' 22 minutes ago...
Inmates demanding improved working conditions, end to prison slavery, voting rights.
July Most Violent Month Ever İn Mexico 22 minutes ago...
2018 on pace to be most violent year in Mexico.
US Congressman İndicted On Corruption Charges 22 minutes ago...
Duncan Hunter, wife charged for misuse of $250,000 in campaign funds.
Rohingya Returnees Tortured By Myanmar Police: Hrw 37 minutes ago...
'The treatment of these Rohingya refugees should be a warning sign,' says Human Rights Watch.

 
      Top News
Egypt Frees Hundreds Of Prisoners İn Eid Al-Adha Pardon Egypt Frees Hundreds Of Prisoners İn Eid Al-Adha Pardon
German Government Aide Hails Turkish Economy German Government Aide Hails Turkish Economy
US Sanctions Hurt NATO Alliance, Says Turkish Fm US Sanctions Hurt NATO Alliance, Says Turkish Fm
Update - Turkish Presidential Aide Condemns Attack On US Embassy Update - Turkish Presidential Aide Condemns Attack On US Embassy
Iran To Continue Cooperating With Turkey: Fm Spokesman Iran To Continue Cooperating With Turkey: Fm Spokesman
Turkish Stocks Rise Over 1.6 Pct At Close Turkish Stocks Rise Over 1.6 Pct At Close
Turkish Presidential Aide Condemns Attack On US Embassy Turkish Presidential Aide Condemns Attack On US Embassy
Pakistan: Imran Khan's 21-Member Cabinet Sworn İn Pakistan: Imran Khan's 21-Member Cabinet Sworn İn
Turkey's Borsa Istanbul Up At Open Turkey's Borsa Istanbul Up At Open
Diary Diary