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البلاد
Source: البلاد
23 Hrsالبلاد
Source: البلاد
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The article focused on financing a pipeline project in Kuwait valued at $16 billion has been addressed. Major Wall Street institutions—Blackstone, Brookfield, and KKR—turned to using insurance industry funds to finance part of the deal instead of traditional loans, a rare model in the Middle East. This will be the largest foreign direct investment in Kuwait’s history, with the three companies sharing equal stakes of 49% in a project that grants rights to operate 13 pipelines owned by Kuwait Oil Company, backed by an upfront payment of $7.85 billion. This move is part of broader efforts to invest in infrastructure and attract foreign capital to support development plans across the Gulf countries.
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