VOL. XXXI
NO. 18
8-FEBRUARY-1988
Financial and Banking News
INVESTMENT ACTIVITIES
Oil Minister Disavows KPC Interest in KIO's BP Stake
The Kuwaiti Petroleum Corporation (KPC) is not involved in the recentpurchase by the Kuwait Investment Office (KIO) of a stake in British Petroleum,according to its Chairman, Kuwaiti Oil Minister 'Ali Khalifah al-Sabah. Speakingin New York on 2 February, Shaikh 'Ali responded to a question as to hisintentions towards BP by saying "I read about the (KIO) decision in...
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