January 23
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Saudi Arabia is ready to allocate $ 1.5 billion for the reconstruction of Iraq, said Saudi Minister of Foreign Affairs Adel Al-Jubeir at the Kuwait International Conference of Iraq Reconstruction, Sky News Arabia reported.

According to him, Saudi Arabia will allocate $1.5 billion for the reconstruction of Iraq and financing of the Kingdom’s exports.

The International Conference of Iraq Reconstruction and Development, which opened in Kuwait on Monday, was attended by the representatives of over 70 countries, the World Bank, the European Union, the United Nations, humanitarian and human rights organizations, as well as hundreds of companies interested in the investment potential of the Arab country.


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