Kuwaitis Invest USD 726 Mln in US Real EstatesSource: www.export-egypt.com 10/25/2016, Location: Middle East |
|
|
|
|
|
The Kuwaitis have invested nearly USD 726 million in commercial real estates in the United States in 2016, which is up by 45 percent from last year's, a US commercial official said.
There are around 320 million consumers in the US, with estimated USD 18 trillion in the country's GDP, Jeff Hamilton, Senior Commercial Officer and Commercial Counselor at the US Embassy in Kuwait, said. The US official made his remarks at the opening ceremony of a workshop, entitled "expand your commercial activity in the United States," which is organized by the US Embassy as part of its "Discover America Week 2016," held between October 23rd and November 2nd. America is the number one in the world in terms of investments volume, which is up to USD three trillion, he said, adding that Kuwait Investment Authority (KIA) has up to USD 304 billion in total investments, with a number of large investments in the US by major Kuwaiti companies. The embassy has specific functions in Kuwait, including marketing US-imported services and goods, assisting US companies in determining and nominating their partners in Kuwait, helping Kuwaiti companies in finding US suppliers, and helping Kuwaitis wishing to invest in America. |
|
|
Financials and Investment News in Kuwait >> |
 |
|||||
|
Egypt >> 9/19/2024 - Egypt is having a special participation at the IFTM-Top Resa exhibition, which lasts until Sept.19 in Paris.
Egypt’s pavilion has more than... |
Egypt >> 9/18/2024 - On his first visit around the region since his appointment, Jalel Trabelsi, the Special Envoy of the African Development Bank (AfDB), praised Egypt's ...
|
|
Egypt >> 9/18/2024 - On his first visit around the region since his appointment, Jalel Trabelsi, the Special Envoy of the African Development Bank (AfDB), praised Egypt's ...
|
Egypt >> 9/18/2024 - Benchmark index EGX 30 was up 0.61 percent to 30,342.46 points, with the Shariah index climbing by 0.20 percent to reach 2,879.64 points.
E... |
|
Egypt >> 9/18/2024 - The British company Globeleq is set to collaborate with the Egyptian government in establishing a substantial project for green hydrogen production, a...
|
Egypt >> 9/18/2024 - Deputy Prime Minister and Minister of Health and Population Khaled Abdel Ghaffar asserted the importance of cooperating with South Africa in the field...
|
| Kuwait Oil & Gas 1 >> 2 | 3 | 4 | 5 | |
