$30bn pledged for Iraq reconstruction 2/15/2018 3:34:37 PM   facebook Google+ ► Print Iraqi PM Haider Al-Abadi (L), Amir of Kuwait Sheikh Sabah Al-Jaber Al-Sabah (C) and Secretary General of the UN Antonio Guterres KUWAIT CITY, Arab News, Feb. 15, 2015  - : Saudi Arabia allocated $1.5 billion for the reconstruction of Iraq as foreign donors pledged billions of dollars at a conference in Kuwait on Wednesday. Governments, global funds, organizations and investors offered $30 billion in loans and investment to repair the structural damage inflicted on the country during the three-year war with Daesh. Foreign Minister Adel Al-Jubeir said the pledge from Saudi Arabia included a $1 billion loan through the Saudi Fund for Development and $500 million in export credit. Kuwait said it would provide $1 billion in loans from the Kuwait Fund for Arab Economic Development and $1 billion in direct investments. Turkey said it would give Iraq $5 billion in ...