In Pictures
This week sees the birthday of Sheikh Mohammed bin Rashid Al Maktoum, Vice President of the UAE. Kipp doesn’t know if he plans a party, but he’d be hard pushed to top these.
Arabic News View
Kipp takes a look at some editorials from the Arabic press. This week: Change looms over the energy industry; Rescue from Damascus; Change in the Middle East; Silencing Syria.
Videos
US intelligence network is so massive and so secretive that nobody knows how much it costs.
Last Week's Winner
Indrani Dasgupta
Indrani Dasgupta
Loading ...KIA sells Citigroup stake
The Kuwait Investment Authority (KIA), Kuwait’s sovereign wealth fund, has sold its stake in US bank Citigroup for $1.1 billion, Al Arabiya TV reported on Sunday.
KIA made a 37 percent profit on its initial investment, the station said.
Royal Jordanian swings to H1 loss on operating costs
H1 net loss 7.2 mln dinars vs H1 2009 net profit 7.75 mln.
H1 net loss 7.2 mln dinars vs H1 2009 net profit 7.75 mln.
Tags: Citigroup, KIA, Kuwait Investment Authority.
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