Kuwaitis investing in Iranian financial firms losing their money
Kuwaiti citizens have lost hundreds of millions of dollars as a result of the collapsing investment firms in Iran, Kuwait’s al-Qabas Arabic daily reported. According to the paper, a sizeable number of Kuwaitis have invested in Iran’s investment institutions that offer returns of more than 20 percent, which is significantly lower than the profit offered by Kuwaiti banks and investment schemes.