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KUWAIT CITY, Dec 24: According to reliable sources in the oil sector, Kuwait Petroleum Corporation (KPC) has an investment of KD 198 million in the national portfolio in the form of local shares. This was created based on a decision of the Cabinet in 2008 to invest in the Kuwait Stock Exchange with the aim of facing the repercussions of the global financial crisis on the national economy and maintaining its stability, in partnership with other government agencies, reports Al-Anba daily.
KPC has stakes in associate companies in Oula Fuel Marketing Company, with a share of 24 percent, and in Soor Fuel Marketing Company with the same share percentage.
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