Written by: Ahmed Awad Well-informed sources revealed, in exclusive statement to Mubasher, that the Kuwait Investment Authority - KIA has injected around $200 million as preliminary investments in different Gulf markets last week.
Sources pointed out that the Kuwaiti sovereign wealth fund will expand its investments in the Gulf market during the upcoming period through two assets management companies operating in Kuwait.
The sources spoke on condition of anonymity.
A recent report published by the Sovereign Wealth Fund Institute (SWFI) regarding top 50 global SWFs ranking mentioned that Kuwait Investment Authority (KIA) came in sixth place with $410 billion assets under management.
Translated by: Shaimaa ELSarky
Sources pointed out that the Kuwaiti sovereign wealth fund will expand its investments in the Gulf market during the upcoming period through two assets management companies operating in Kuwait.
The sources spoke on condition of anonymity.
A recent report published by the Sovereign Wealth Fund Institute (SWFI) regarding top 50 global SWFs ranking mentioned that Kuwait Investment Authority (KIA) came in sixth place with $410 billion assets under management.
Translated by: Shaimaa ELSarky
Source:
Mubasher
