Here’s something to ‘tweet’ about
Sharjah Police: ‘Don’t give money to beggars’
Fighting the world’s biggest killer
Twist and shout
“Your customers aren’t fools”
Behind the curtain of Simone Heng
Chatting with the man behind Dubai City Pass
A business discussion with the author of ‘Connect The Dots’
Kuwait to retain investments in Merrill and Citi
Kuwait has no plans to…
September 6, 2009 12:50 by kippreport
Kuwait has no plans to sell its investments in the US banks Merrill Lynch and Citigroup anytime soon, the Kuwaiti Investment Authority (KIA) said in a report. “The authority relies in its investment policies on a long-term look,” KIA said in a statement, reports Reuters.
The sovereign wealth fund has come under criticism from some politicians for investing $5 billion in Citigroup and Merrill Lynch. According to the report, KIA can exit these investments at anytime.
More on GCC
-
Deadly new coronavirus a “serious risk” in hospitals
-
UAE Regulator Says Bourse Merger Would Have “Many Advantages”
-
Online Learning On The Rise
-
Saudi’s Sipchem picks HSBC as adviser for Sahara merger
-
KOHLER Raids Counterfeit Center, Destroys Over 700 Products
-
Saudi Arabia Says MERS Coronavirus Kills Four More
-
Qatar Airways expands fleet
-
Qatar tightens caps on banks’ securities investment
-
Abu Dhabi’s Waha Capital Buys Stake In Healthcare Firm
-
Saudi Arabia plans to block WhatsApp within weeks
-
MERS coronavirus claims another life
-
Back to pre-crisis peak
-
Nokia Lumia 720 launches ‘Man of Steel’ campaign
-
Dubai World unit sells UK asset to Brookfield
-
UAE banks ask to permit loan transfers for Emiratis
-
Indonesians protest at Jeddah consulate
-
UAE Regulator To Allow Trading In Share Offer Rights
-
Citigroup To Exit UAE Interbank Rate Setting Panel
-
World’s largest mall to get bigger
-
Mediaquest acquires AME Info and SME Info
