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FINANCIAL NEWS
Kuwait Investment Authority (KIA) investments in Britain the double in 10 years
01 Jul 2013
(MENAFN) Kuwait Investment Authority (KIA), the country’s sovereign wealth fund, succeeds to double its investments in Britain to more than USD24 b, only in the last 10 years, Times of Oman reported.
Managing Director Bader Al Saad said in a speech in London few days ago that investments in the UK was “across all asset classes, sectors and industries,”
It is worth mentioning that KIA’s London-based investment arm was USD27 b 10 years ago, while it is now more than USD120 b
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