No 22



New Appointments At KIA

The Kuwait Investment Authority (KIA) is in the process of appointing new managers for two of its departments, according to a report in the Kuwait daily al-Watan of 27 May. At the American Investments Department Ahmad Bastaki will replace the current manager, 'Id al-Rashidi, for a period of six months. Mr Bastaki will also keep his current position in the office of the KIA managing director. At the Direct Investments Department Badr...