17 Oct 2011
(MENAFN) Kuwait Investment Authority’s (KIA) China’s office director, Fahad al-Shatti, said that the company would increase its investments in China, reported Emirates 24/7.
Al-Shatti added that sales of Kuwaiti oil and crude products to China reached USD10 billion at the current time compared with USD400 million in 2004.
He also said that he would hope the authority would get permission to begin trading in the Shanghai Stock Exchange, since China planed to allow international firms to trade on the bourse.
It is worth noting that KIA’s managing assets exceed USD290 billion, moreover, the authority owns stakes in Citigroup and Daimler AG.
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more