Kuwait's SWF to invest USD676 m in Italian companies


(MENAFN) Kuwait's sovereign wealth fund (SWF) plans giant investments worth USD676 million in Italian companies, according to Arabian Business



Kuwait's SWF will cooperate with Italy's own strategic investment fund for the projects



Under the deal, investments will include several sectors, including fashion, food and tourism



Italy's Letta said: "This is an extraordinarily important development, it's an injection of confidence in our country.


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