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Today in Kuwait’s history

1955 — Kuwait Amir Sheikh Abdullah Al-Salem Al-Sabah signed an agreement with Darsy Kuwait Limited and Gulf Stream to trade with crude oil and oil products in local Kuwaiti market.

2002 — Kuwait Karateka Ahmad Munir won the gold medal for the under 75kg category of the 14th Asian Games in Busan, South Korea.

2014 — Kuwait Fund for Arab Economic Development (KFAED) signed a KD 10 million loan agreement with Tanzania for a fresh water project.

2016 — Former parliament member Falah Sawwagh Al-Azmi passed away at age of 55. He was a member in the 2009 National Assembly.

2022 — Dr. Fakhry Shehab, a renowned Kuwait economist who orchestrated the process of converting the oil monetary system from the Indian rupee to the Kuwaiti dinar, died at 101.

Source: Kuwait News Agency