Kuwait’s wealth Fund appoints new board of directors

The Kuwait Investment Authority (KIA), the Gulf state’s sovereign wealth fund, has appointed a new board of directors, reports citing the cabinet. The new board approved by cabinet is made of Khaled Ali Al-Fadil, Sheikh Mishaal Jaber Al-Ahmad, Fahd Muhammad Read more

Kuwait Investment Authority mulls plans to invest in five companies in Egypt

Kuwait’s sovereign wealth Fund also known as Kuwait Investment Authority (KIA) is planning to makes investment in five companies operating in Egypt, in next coming two years, reports say. Ahmed El-Khatib, Chief Investment Officer at Ekuity Holding, KIA investment arm Read more

UAE: AW Rostamani acquires control of British Brayleys Motor Group

Dubai-based Aw Rostamani Group has announced the acquisition of majority equities in UK-based car retailer, Brayleys Motor Group (Brayleys) in its move to “strengthen its global footprint through strategic acquisitions. “We have been assessing various options for investments and identified Read more