21.10.2008 - Kuwait firms demand $1.12bn government fund
From Business24-7.ae: Kuwaiti investment firms are urging the government to set up a $1.12 billion fund to help them settle their debt, in the wake of the global financial crisis. Investment companies have asked Finance Minister Mustapha al-Shamali and the Managing Director of the Kuwait Investment Authority (KIA) Bader Al Saad on Sunday to set up a portfolio or a fund worth 300 million dinars to help pay back part of their debt, daily Al Watan said in an unsourced report...... Full Article: Source
Print