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Kuwait Fund gets $300M Chinese Asset Quote

Kuwait Fund gets $300M Chinese Asset Quote

Chinese authorities have granted Kuwait Investment Authority (KIA) an initial $300 million quota to buy yuan-denominated stocks and bonds, enabling it to diversify its assets, state news agency KUNA reported.

March 12, 2012 1:48

Kuwait launches firm to invest in Egypt economy

Firm will act as KIA's investment arm in Egypt; Sovereign fund eyes at least 6 pct from local portfolio

April 17, 2011 9:25

Kuwait fund: no plans to ditch BP

Reports that KIA will hold on to stake despite oil disaster in Gulf of Mexico.

June 6, 2010 3:29

KIA considers selling Zain stake

Rumors circulate that it has asked investment firms to begin technical studies on Zain ahead of sale.

May 31, 2010 3:31

Kuwait says no dispute with Citi

Kuwait has clarified that the sale of its stake…

December 13, 2009 5:14

KIA sells Citigroup stake

The Kuwait Investment Authority (KIA), the oil state’s sovereign…

December 6, 2009 4:41
We get to choose

We get to choose

US losses are not deterring sovereign wealth funds from investing abroad, but don’t expect us to bail out collapsing firms, says Kuwait investment chief.

September 23, 2008 3:36