VOL. XXXIII
NO. 52
1-OCTOBER-1990
Financial and Banking News
Gulf Crisis
Shaikh 'Ali Reassures Markets on Kuwait Investment Policies
Kuwait's Finance Minister Shaikh 'Ali Khalifah al-Sabah moved quickly toreassure financial markets that the sale by the Kuwait Investment Office (KIO)of a 10.1% stake in the British property company Mount Churchill did not presagea more widespread sale of assets. The sale of the stake, valued at about $111mn,was the first confirmed disposal by KIO since the Gulf...
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