Kuwait eyes investing in India

(MENAFN) Prime minister of Kuwait said that Kuwait is interested in investing some of its USD350 billion fund in India during a meeting with Indian officials, according to Arab News. Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah, arrived in India last Thursday. The new investments will include infrastructure projects, power projects, toll bridges, and others. A senior official in Prime Minister's Office said: "The visit of the Kuwaiti Prime Minister comes after a long gap of 49 years, and is expected to take the bilateral relations between India and Kuwait to a new level."