By: Ahmad Awad:
Kuwait-Mubasher: The overall assets of Kuwait Fund for Arab Economic Development reached KWD 5 billion ($16.5 billion), said Director General Abdulwahab Al Bader.
The fund is keen on providing soft loans as well as technical guidance for helping in the development of many countries, Al Bader said on Wednesday, during his address at the Kuwait Investment Forum.
Kuwait’s development fund has capital of about KWD 2 billion ($6.65 billion).
