24.03.2011 - KIA to invest $3.6bln in property
Kuwait Investment Authority (KIA), the country's sovereign wealth fund, said it will launch a real estate portfolio worth 1 billion dinars ($3.6 billion) to invest in the local market. "The real estate portfolio aims to achieve good returns on mid-term and long-term, and will benefit from the steep plunge in real estate," KIA said in a statement on Wednesday on the state news agency KUNA..............................................Full Article: Source
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