Financial and Banking News
'Ali Badr Tipped to Take Top Investment Post after KIA and KIO Are Merged
Mr. 'Ali Rashid al-Badr, the present Chairman of the Kuwait Investment Office(KIO), is being widely tipped to be given the top position in the proposedmerger of the Kuwait Investment Authority (KIA) and KIO. Mr. Nasir 'Abd Allahal-Rudhan, Kuwait's Finance Minister, announced on 17 March that the twoinstitutions would be merged. KIA is an offshoot of...