Second globally, KIA manages assets worth $708 billion – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News

Second globally, KIA manages assets worth $708 billion – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News

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‘Oldest sovereign wealth fund, set up in 1953’

KUWAIT CITY, Aug 4: The Middle East is a major center for the global investment industry given the number of wealthy economies in the region, in addition to huge oil revenues and investment-friendly government policies, which have contributed to the prosperity of the investment climate, reports Al-Anba daily quoting APN News.

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