Financial and Banking News
Kuwaitis Move Quickly to Manage Finance from London
London has quickly emerged as the center for managing Kuwait's financial andbusiness interests for the duration of the Iraqi occupation. Five of the sixcommercial banks have offices in the capital and United Bank of Kuwait (UBK) isbased there. London also hosts the head offices of the Kuwait Investment Office(KIO) and Kuwait Petroleum International (KPI - MEES, 13 August).