NO. 42


Financial and Banking News

Investment Policy

Kuwaiti Government under Fire over Spanish Investments

The controversy over the activities in Spain of the Kuwait Investment Office(KIO) raises fundamental questions about the control of Kuwait's overseasinvestment strategy, but it also represents in microcosm the debate over thefuture of Kuwait's political system. The KIO's detractors, who are almostinvariably part of broader opposition circles in Kuwait, say that those who...