Kuwait’s Crown Prince Sheikh Sabah Al-Khalid Al-Hamad Al-Sabah and Prime Minister Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah on Tuesday received BlackRock Chairman and Chief Executive Larry Fink and KKR Co-Chief Executive Scott Nuttall, who were visiting the country.
The Crown Prince discussed economic cooperation and partnerships with global institutions to support economic development, investment diversification and the training of national talent, Al Rai reported, citing the official Kuwait News Agency (KUNA). The meetings took place at Bayan Palace.
In separate meetings, the Prime Minister discussed economic partnerships, trade and investment ties with Fink, and investment opportunities and the global economy with Nuttall, Kuwait Times reported. Foreign Minister Sheikh Jarrah Jaber Al-Ahmad Al-Sabah attended the meeting with Fink.
Sheikh Dr. Meshaal Jaber Al-Ahmad Al-Sabah, director general of the Kuwait Direct Investment Promotion Authority, and Sheikh Saud Salem Abdulaziz Al-Saud Al-Sabah, managing director of the Kuwait Investment Authority, the country’s sovereign wealth fund, also attended.
No agreements were announced.
KKR was part of a consortium with Blackstone and Brookfield that signed a $16 billion infrastructure partnership involving Kuwait Oil Company’s crude oil pipeline network in July, according to a Blackstone statement.
