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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Kuwait plans to pump $3.8 bln into bourse

Posted on 08 February 2010

From Maktoob.com: Kuwait Investment Authority, or KIA, the country’s sovereign wealth fund, plans to pump the remaining 1.1 billion Kuwaiti dinars ($3.8 billion) in a fund created at the end of 2008 to shore up the bourse, Kuwait’s Al Anbaa reports Sunday, citing sources familiar with the matter.

The KIA will inject the remaining investments in the next couple of days, having pumped already KWD400 million into the bourse, the paper reports…………………………………Full Article: Source

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