| From Business24-7.ae: For the GCC, the crisis has lesser impact due to the role of SWFs in the region as they are boosting their local investments. They are shifting their focus to domestic capital injections such as the promise by Kuwait Investment Authority to invest $1 billion (Dh3.6bn) in its stock market.
Jochen Duelli, head of Bain's Middle East Private Equity and Corporate M&A Practice Group said the SWFs are reassessing their investment options after the financial crisis because majority of their investments are located in developed markets.... Full Article: Source
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