28.04.2009 - Kuwait's KIA pumps $1.4bln in bourse fund
From Tradearabia.com: Kuwait Investment Authority (KIA), the country's sovereign wealth fund, has injected about 400 million dinars ($1.37 billion) so far into a fund to support the bourse, an official said. Kuwait Investment Co (KIC), a unit of KIA, has managed the fund since December 24, the firm's chairman Bader Al-Subaie was cited as saying by local newspapers Al-Qabas and Al-Watan. KIC has managed to bring back gradual stability to the stock market through the fund, the papers added......Full Article: Source
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