VOL. XXXII

NO. 39

3-JULY-1989

Financial and Banking News

INVESTMENT ACTIVITIES

KFTCIC Sets Up German Investment Venture

The Kuwait Foreign Trading, Contracting and Investment Company (KFTCIC) hastaken a 50% share in the capital of a newly-established German investmentcompany known as BKK Capital Management GmbH. KFTCIC's role is the result of ajoint venture with Berliner Bank AG, which has put up the remainder of the newcompany's DM50mn ($25.6mn) capital. Headquartered in West Berlin, the company...