VOL. XXXII

NO. 2

17-OCTOBER-1988

Financial and Banking News

INVESTMENT ACTIVITIES

Kuwait Government Reacts Angrily to UK Decision on BP Stake

The Kuwaiti Government last week expressed "extreme regret andastonishment" at the British government decision to force the KuwaitInvestment Office (KIO) to divest half of its stake in British Petroleum (MEES,10 October). Speaking after a cabinet meeting on 9 October, the Minister ofState for Cabinet Affairs, Mr. Rashid 'Abd al-'Aziz al-Rashid, added that...