KUWAIT: Investment banks exposed to US debt
Issue 839
- 25 Oct 2008
| 2 minute read
Finance Minister Mustapha Al-Shamali and Kuwait Investment Authority (KIA) managing director Bader Al-Saad have reportedly been asked by Kuwaiti investment companies to set up a fund worth KD300m ($1.1bn) to help settle their debt in the wake of the global financial crisis.
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