| 08.06.2011 - KIA manages assets over $290 bln |
| Kuwait Investment Authority (KIA), the Gulf state's sovereign wealth fund, has assets in excess of $290 billion, Kuwaiti parliamentarians said on Tuesday. Kuwait's Parliament held a closed session on Tuesday to discuss the country's financial position. The session was attended by the Managing Director of KIA Bader Al-Saad. KIA owns stakes in companies like Citigroup, Daimler AG and Agricultural Bank of China...............................................Full Article: Source |