Naturgy-Kuwait fund JV wins 180MW Australia wind projectGlobal Power Generation (GPG), a joint venture between Spain's Naturgy Energy Group and the Kuwait Investment Authority (KIA), the country's sovereign fund, was awarded 180 MW wind farm project in Australia. More… |
KIA investment in UK soars to $24bnThe Kuwait Investment Authority (KIA) has more than doubled its investment in Britain over the past 10 years to more than $24 billion, said its top official. Kuwait's sovereign wealth fund, which manages state assets in the wo More… |
KIA announces $500m Russian investmentSovereign wealth fund Kuwait Investment Authority (KIA) has announced a $500 million investment in Russian Direct Investment Fund (RDIF) as part of its global strategy. The announcement was made during a meeting at the St. Petersburg Inter More… |
Kuwait to pour $150m into Malaysia IPOKuwait Investment Authority (KIA) will invest about $150 million in Malaysian firm IHH Healthcare's planned $2 billion IPO in Kuala Lumpur and Singapore, two sources with direct knowledge of the deal said. The investment is poised to m More… |
KIA launches firm to invest in Egypt economyThe Kuwait Investment Authority, the Gulf state's sovereign fund, has launched a firm with 1 billion Egyptian pounds ($167.8 million) to invest in Egypt's economy, an official said on Saturday. 'A 1 billion Egyptian pounds More… |
Kuwait fund to buy key TPG stakeKuwait Investment Authority (KIA), one of the largest sovereign funds in the Gulf, is set to buy a major stake in private equity firm TPG Capital a source familiar with the situation said. TPG, a leading global private investment firm  More… |
KIA to invest $3.6bn in Kuwait property marketKuwait Investment Authority (KIA), the country's sovereign wealth fund, said it will launch a real estate portfolio worth KD1 billion ($3.6 billion) to invest in the local market. 'The real estate portfolio aims to achieve good ret More… |
Gulf Bank swings to Q4, yearly profitGulf Bank, which was rescued by the Kuwaiti central bank two years ago during the financial crisis, swung to fourth quarter and full year profit, it said on Wednesday. Gulf Bank had net profit of KD8.66 million ($31 million) in the fourth More… |
Kuwait investors, Areva to discuss capital hikeTalks between the Kuwait Investment Authority (KIA) and Areva over a capital raising for the French nuclear reactor maker could conclude as early as this weekend, a French paper said on Saturday, citing sources. The Journal du Dimanche new More… |
KIA rules out GM share purchaseKuwait Investment Authority (KIA) will not take part in General Motors' initial public offering (IPO), a source said. The auto giant had raised $20.1 billion from the issue last week. Earlier this month, KIA's managing di More… |