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Sovereign Wealth Funds Briefing - Categorized | Market, Performance

Kuwaiti fund KIA open to selling Zain at right price

Posted on 07 October 2009

From Arabtimesonline.com: Kuwait’s KIA might consider selling shares in Zain, in which it holds a 24.6 percent stake, though the sovereign wealth fund is not party to talks between stockholders of the telecom firm and potential buyers.
“We are not married to our investments. Whenever there is a good return on them, they are for sale,” the fund’s managing director, Bader al-Saad said……………….Full Article: Source


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