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The Kuwait Fund for Arab Economic Development (KFAED) this week signed $1.3 billion USD worth of funding agreements with the Bahraini government. The funds will be earmarked for development projects, mainly water, sanitation and energy projects.
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Officials at Kuwait’s Ministry of Electricity and Water expressed concern this week that Iran’s Busheher nuclear reactor will have a negative impact on water in the Persian Gulf.
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Spanish multinational Abengoa S.A. last week announced the launch of a pilot desalination plant project in Chile’s Antofagasta province.