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Kuwait to Invest in Country's Development from Oil Money

The move is designed to counter growing demands by MPs for a share of the huge income windfall

Kuwait  to Invest in Country's Development from Oil Money

Kuwait will invest $9.3bn in various projects and distribute the profits equally to its citizens, AFP reported.

The move is designed to counter growing demands by MPs for a share of the huge income windfall from high oil prices. There are just over 1m Kuwaiti nationals.

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