VOL. XLIII
No. 30
24-July-2000
KUWAIT
Kuwait Appoints Banker To Head Investment Body
On 17 July Salih Mubarak al-Falah was appointed managing director of Kuwait Investment Authority (KIA), which manages assets worth more than $50bn, according to the official KUNA news agency. The decision was taken during a meeting of the KIA board of directors chaired by the emirates Finance Minister, Shaikh Ahmad 'Abd Allah al-Sabah. The Kuwaiti cabinet last week approved the appointment of Mr Falah as board...
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