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Kuwait Investment Authority

; the General Reserve Fund (GRF) and the Future Generations Fund (FGF). The KIA may also manage any other funds ... of Kuwait from the Ministry of Finance. Today, the KIA manages two main funds; the General Reserve Fund ... on the financial reserves entrusted by the State of Kuwait to the Kuwait Investment Authority by providing an ...

Company - 07/06/2011 - 10:55 - comment 0

Norway, you have competition: Saudi Arabia about to launch its first Sovereign Wealth Fund

for the National Reserve Fund in meetings Monday and Tuesday in Riyadh, state news agency SPA reported. ... will be tasked with investing state reserves to "assure the kingdom's financial stability," Shura ... of the kingdom's foreign currency reserves until now, much of it in US Treasury bonds. ...

08/06/2014 - 12:15 - comment 0

Egypt recovers $150 million from Mubarak era figures

the supervision of general attorney has recovered around 850 million Egyptian pounds for the state in addition ... Public Funds Prosecution  under the supervision of general attorney has recovered around 850 million ... Main headlines, Egypt) Egypt's Public Funds Prosecution under the supervision of general ...

14/01/2013 - 07:46 - comment 0

A smart way out of its troubles? Iraq plans state investment bank to push big infrastructure projects

Iraq plans to establish a state-funded investment bank ... it. Iraq plans to establish a state-funded investment bank to help finance ... transactions that are too inconvenient to do through the banking system. “We need this [state-funded ...

28/01/2014 - 12:21 - comment 0

Kuwait's nanny state model under serious scrutiny

this month, the new finance minister said.“There should be a decrease in general ... a year.Some of Kuwait’s financial experts, as well as the International Monetary Fund, have warned that the state budget could fall into deficit in coming years at current rates of spending growth. But cutting ...

14/01/2014 - 23:33 - comment 0

Abu Dhabi: an economic miracle?

are eagerly purchased by global pension funds and insurance companies. Al Noor General Hospital managed ... reserves (six per cent of global proven reserves), Abu Dhabi accounts for 94 per cent of the UAE’s oil production. With almost 100 billion barrels of proven crude oil reserves (six per ...

22/01/2014 - 22:11 - comment 0

Kuwait to record $50 billion budget surplus

by high oil revenue before allocations to the Reserve Fund for Future Generations (RFFG), said ... for the current fiscal year backed by high oil revenue before allocations to the Reserve Fund for Future ... fundamentals.Forecasts for global oil demand growth in 2013 have generally been revised up over the past month, ...

14/02/2013 - 11:55 - comment 0

Sudan contradicts IMF

Sudan's Forex reserves are but revealed that their goal is to make them sufficient to fund imports for six ... Sudan has enough foreign exchanges reserve to cover ... al-Zubeir said on Monday that his country has enough foreign exchange reserves to cover around five months ...

02/10/2012 - 11:08 - comment 0

Did Algeria just step in to help save the Tunisian economy?

the reserves back to levels equal to 100 days of imports," Tunisian Central Bank governor Chadli Ayari said in an interview with state television on Sunday. Tunisia's central bank said a deposit of $100 million by neighbouring Algeria would bring foreign reserves back ...

07/05/2014 - 21:42 - comment 1

Analyst: Qatar reserve fund valued $13.5 billion in 2002-end

Qatar’s State Reserve Fund (SRF) was estimated ... This marks the first time the country’s reserve Qatar’s State Reserve Fund (SRF) ... reserves, stressed that the fund enhances the country’s fiscal stability.     "The fund ...

15/08/2010 - 11:41 - comment 0