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Sovereign Wealth Funds Briefing - Categorized | Market

Daimler and the Kuwait Investment Authority celebrate the anniversary of their 40-year partnership

Posted on 19 September 2014

The Kuwait Investment Authority has been a shareholder of Daimler for the past 40 years. Partnership underscored at a ceremony featuring around 100 guests. His Highness Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah, the Prime Minister of the State of Kuwait: “Our celebration today reflects the concept of successful economic partnership, and clearly demonstrates the astuteness of the State of Kuwait in seeking to invest financial surplus in long term investments to assist future generations in facing the future confidently and with resolve.”
Dr. Manfred Bischoff, Chairman of the Supervisory Board of Daimler AG: “During the last 40 years, Kuwait became Daimler’s most reliable partner despite all ups and downs in corporate history. We are grateful and deeply honored to have an outstandingly reliable partner who is willing to shape a bright future for Daimler together with us.”…………………………………….Full Article: Source


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