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GlobalCustodian.com
Sovereign Wealth Funds
- Kuwait Investment Authority
Company Web-site
www.kia.gov.kw/En/Pages/default.aspx
Country
Kuwait
Assets $Billion
$250
Inception
1953
Origin
Oil
Approx wealth per citizen
$80,000
Company Description
The Kuwait Investment Authority (KIA) is Kuwait's sovereign wealth fund, specializing in local and foreign investment. It was founded to manage the funds of the Kuwaiti Government in light of financial surpluses after the discovery of oil.
Today, KIA manages the Kuwait General Reserve Fund, the Kuwait Future Generations Fund, as well as any other moneys committed by the Ministry of Finance.
CONTACTS
Country
Kuwait
Company
Kuwait Investment Authority
Name
Farouq A. Bastaki
Job title
Executive Director
E-mail
did_director@kia.gov.kw
Phone
(965) 2243 7661
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