Home / Middle East / Kuwait to set up $200 million technology fund

Kuwait to set up $200 million technology fund

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.

Source: Reuters

Total Page Visits: 33 - Today Page Visits: 2

Check Also

Israel-China Relations: Staring Into the Abyss of US-Chinese Decoupling

By James M. Dorsey   Israel knew the drill even before US Secretary of State …

Leave a Reply

Your email address will not be published. Required fields are marked *