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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

$350bln Kuwait sovereign fund to invest on India story

Posted on 11 November 2013

Kuwait Investment Authority, the oldest and one of the largest sovereign wealth funds in the world, is likely to set up an India office to promote investments in the wake of reforms in the FDI norms and the government’s ambitious disinvestment programme.
“The Kuwaiti side agreed to consider the Indian side’s suggestion to open an office of Kuwait Investment Authority in India,” a joint statement issued by the two governments said at the end of the bilateral visit of the Kuwait’s prime minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah. Sheikh Jaber’s four-day visit ended on Sunday………………………………………..Full Article: Source


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