FINANCIAL NEWS

Kuwait Investment Company to launch investment fund

18 Aug 2014

(MENAFN) Kuwait Investment Company is thinking of launching an Islamic Shariaa compatible investment fund in the Gulf finance markets, KUNA reported.

The fund would be launched with a starting capital of USD17.61 million, according to a statement issued by the company’s CEO.

Meanwhile, the company announced posting a net profit of USD18.39 in the January-June period of 2014.

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