| The West Asian gold pot is tilting towards India. The oil rich kingdoms of Saudi Arabia, Qatar and Kuwait — wary of the economic crisis in Europe and the slowing growth rate in America — have conveyed their desire to invest in Indian infrastructure projects.
The Kuwait Investment Authority is planning to invest about $10 billion in the Indian economy and has already invested about $1.5 billion in India in the past two years.Saudi Arabia does not have a sovereign wealth fund — a state-owned investment fund, comprising financial assets and instruments...............................................Full Article: Source
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