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Sovereign Wealth Funds Briefing - Categorized | Financials, Market

Kuwait sovereign wealth fund did not get offer for Zain stake

Posted on 12 October 2010

From Totaltele.com: Kuwait’s sovereign wealth fund didn’t receive an offer for its stake in Mobile Telecommunications Co., known as Zain, Al Arabiya television reported Saturday, citing the fund’s managing director .
Kuwait Investment Authority’s stake in the telecom firm isn’t part of an offer by Emirates Telecommunications Corp., or Etisalat, to buy 46% of Zain, Bader al-Saad told the Dubai-based channel……………………………………….Full Article: Source

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