The UK economy is set to receive a considerable boost over the next five years following the signing of an investment partnership with Kuwait, according to the Department for Business and Trade.
In a press statement, the department said the partnership would facilitate the Kuwait Investment Authority to invest directly into mutually beneficial sectors in the UK, including education, renewables, life sciences and technology.
UK Minister for Investment Lord Dominic Johnson and Kuwaiti Deputy Prime Minister Dr. Saad Al-Barrak signed the partnership on Tuesday in the presence of Kuwaiti Crown Prince Mishal Al-Ahmad Al-Jaber Al-Sabah at Downing Street.
The Kuwaiti government has also signed a statement of intent with the UK government to collaborate on creating Kuwait’s National Cyber Security Centre.
