👈 Kuwait signs a $16 billion contract to build a crude oil export pipeline
👈 Kuwait has signed a $16 billion contract to build a crude oil transfer pipeline with private companies in North America, named Blackstone, Brookfield Asset Management, and KKR. This is the largest direct foreign investment in the history of this country. Under the agreement, each of these three companies will buy an equal share of 49% ownership in a new joint venture with Kuwait National Petroleum Company (KPC).…