Home » Kuwait Investors »


|| Kuwait Investment Authority to keep Citigroup, Merrill Lynch stakes

kuwait investors citiKuwait Investment Authority (KIA), the Kuwait sovereign wealth fund, has no plans to sell its stakes in US banking giants Citigroup and Merrill Lynch, the finance minister said in comments published on Sunday - reported by AFP.

In late 2007, Kuwait Investment Authority acquired stakes worth $3 billion in Citigroup and $2 billion in Merrill Lynch.

Back in June, Abu Dhabi sold more than 11 percent of Barclays, making $2.5 billion from their investment in Barclays. But Kuwait investors seems to be keepers ...



Previous Post: News Corp in talk to buy 20% of Saudi's Rotana Media for $250-$350 million
Next Post: Abu Dhabi Investors to Buy Singapore's Chipmaker for $1.8 billion

More from Kuwait Investors ...


  Kuwait private equity firm NBK Capital acquired 51% stake in Turkey advertising firm

  Kuwait investors acquired UK dining chain Little Chef for $23 million

  Kuwait Investors acquired land in Morocco for $53 million

  Kuwaiti firm Dimah Capital acquired real estate in UK for $70 million

  After the New York acquisition, Kuwaiti investors acquired a $33 million building in UK

  Kuwait investors acquired stake in Turkish bank for $350 million

  Kuwait firm Alshaya acquired La Senza UK out of administration

  Kuwait Finance House acquires logistic services center in Sweden for $70 million

  Kuwait investors acquired stake in Turkish retailer

  Gulf investors investing heavily in Philippines agriculture sector





|| About Us

Established in 2007, DubaiBeat.com provides insight, analysis and research on Middle East investors.

We cover different asset class investors like private equity, venture capital, hedge funds and real estate investors from the Middle East and broader MENA region.










Copyright 2007-2025 DubaiBeat.com    Sitemap  |  Terms  |  Privacy Policy

Follow us: RSS Feed   LinkedIn    Twitter

Powered by Insightice