economy
Blackstone, KKR and Brookfield take Kuwait pipelines stake in $16bn deal
Largest ever foreign investment in the Gulf state comes as it seeks to raise capital in face of Iranian attacks
TL;DR
- Blackstone, KKR, and Brookfield have invested $16 billion in Kuwait's pipelines.
- This represents the largest foreign investment ever in the Gulf state.
- Kuwait is seeking to raise capital.
- The investment is made in the context of Iranian attacks.