| 08.12.2009 - Kuwait to invest Citi sale proceeds abroad |
| From Khaleejtimes.com: Kuwait’s sovereign wealth fund will invest the proceeds of a $4.1 billion sale of a stake in Citigroup abroad and not in the local market, the Gulf state’s finance minister said in remarks published on Monday. The fund, Kuwait Investment Authority, has no plans to sell more foreign assets in the remaining three weeks of 2009, Al Rai newspaper reported Mustapha Al Shamali as saying..................................Full Article: Source |