NO. 46


Financial and Banking News

Investment Policy

Kuwait's Spanish Investments Represent 17% of Total Foreign Holdings

Kuwait's investments in Spain represent 17% of its worldwide investmentportfolio, according to Mr. Nasir al-Rudhan, the Minister of Finance. Speakingat a press conference on 11 August, Mr. Rudhan played down the problems whichthe Kuwait Investment Office (KIO) is facing in Spain, and noted that, havingcommissioned two outside reports on the status of its...