KIA withdraws $3.7bn funds

Article Date : 25 November 2008
News Section: United Arab Emirates

The Kuwait Investment Authority (KIA), which manages the Gulf state's assets, has withdrawn about 1 billion dinars ($3.66 billion) from abroad as it invests more at home. Daily Al Qabas said KIA was moving part of its funds back home as it is setting up a government portfolio to invest in the...

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