Economy
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Publish date12 Nov 2018 - 11:36
Story Code : 376495

Official: Kuwait largest Arab investor in Germany

The Kuwaiti private sector is the largest Arab investor in Germany with investments worth €16 billion ($18.3 billion), Chairman of Kuwait’s Chamber of Commerce and Industry (KCCI), Ali Mohamed Al-Ghanim, said.
Official: Kuwait largest Arab investor in Germany
Al-Ghanim said during an event organised in the German embassy on Tuesday, that Kuwaiti investments in Germany reach €35 billion ($40 billion).
Speaking to Kuwait News Agency (KUNA), Al-Ghanim said the Kuwaiti government’s most important investments are in Mercedes-Benz; which in 2014 celebrated 40 years of the partnership with the Kuwait Investment Authority (KIA).
Meanwhile, Kuwaiti Deputy Foreign Minister Khaled Al-Jarallah praised the close and solid relations between Kuwait and Germany.
https://taghribnews.com/vdcdn90skyt05o6.em2y.html
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