| 31.07.2009 - Kuwait's KIA wants updates on Zain's stake sale |
| From Reuters: Kuwait Investment Authority (KIA), the Gulf state's sovereign wealth fund, has asked Zain to keep it updated on any talks linked to a stake sale in the mobile operator, a local newspaper said on Thursday. KIA, which owns 24.6 percent of Zain, said it wants to be able to evaluate any offer based on its own investment strategy, al-Qabas said in an unsourced report citing correspondence between two parties..........Full Article: Source |