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Sovereign Wealth Funds Briefing - Categorized | Investment

KIA’s Al-Ajial Fund invests 400 mln euro in Morocco

Posted on 16 April 2014

Al-ajial investment fund of kuwait investment authority (kia) is investing 400 million euro in the wessal capital gulf-morocco venture an equal share to that put in by the sovereign funds of saudi arabia qatar the uae and morocco.
Al ajial investment fund general manager waleed al-fehaid told reporters in casablanca late tuesday that 780 million of the total investment would be channeled to the wessal casablanca-port project. king mohammed vi had earlier in the day inaugurated the project which is aimed to bolster this gulf-morocco partnership………………………………………..Full Article: Source


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