Wealth fund holds key to Qtel’s $2.2 billion Kuwaiti bid
Qtel offered 2.6 dinars/share for remaining Wataniya stake; Kuwait's sovereign fund has 23.5 pct stake in Wataniya; Fund yet to decide on its Wataniya stake
August 29, 2012 5:54
Kuwait open to investment opportunities in Europe-FinMin
Kuwait, the world's No. 6 crude exporter is one of the richest countries globally with its sovereign wealth fund, Kuwait Investment Authority (KIA), managing assets in excess of $290 billion. It owns stakes in Citigroup , Daimler AG and Agricultural Bank of China among other companies.
October 10, 2011 3:11Kuwait open to investment opportunities in Europe-FinMin
Kuwait, the world's No. 6 crude exporter is one of the richest countries globally with its sovereign wealth fund, Kuwait Investment Authority (KIA), managing assets in excess of $290 billion. It owns stakes in Citigroup , Daimler AG and Agricultural Bank of China among other companies.
October 10, 2011 3:11Kuwait 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 9:25Kuwait fund: no plans to ditch BP
Reports that KIA will hold on to stake despite oil disaster in Gulf of Mexico.
June 6, 2010 3:29KIA considers selling Zain stake
Rumors circulate that it has asked investment firms to begin technical studies on Zain ahead of sale.
May 31, 2010 3:31KIA sells Citigroup stake
The Kuwait Investment Authority (KIA), the oil state’s sovereign…
December 6, 2009 4:41
Kuwait: expats sent packing
The state plans to get tough and reduce the number of foreign residents.
May 20, 2013 5:05
Dubai Labourers on 'rare' labour protest
Two Arabtec employees who asked not to be identified said several thousand workers engaged on various projects did not report for duty on Sunday.
May 20, 2013 9:33
Tumblr officially off the market
Yahoo! board unanimously approves the acquisition...
May 19, 2013 3:20
A maid's wage
An FNC member to argue that minimum wages are 'taking advantage' of employers.
May 20, 2013 4:24
Taking on Abercrombie & Fitch
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43