11.10.2011 - Kuwait open to investment opportunities in Europe
Kuwait, the world's No. 6 crude exporter is one of the richest countries globally with its sovereign wealth fund, Kuwait Investment Authority (KIA), managing assets in excess of $290bn. It owns stakes in Citigroup , Daimler AG and Agricultural Bank of China among other companies. Asked whether Kuwait would consider buying euro zone government bonds, including Italian bonds, the OPEC member's finance minister Mustapha Al Shamali said: "We are open to any investment opportunities in all parts of Europe, as long as these investments are compatible with risk controls and they fall within our investment criteria.".............................................Full Article: Source
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