Financial and Banking News
New KIA Board Appointed
Three new members have been appointed to the board of the Kuwait InvestmentAuthority (KIA), the arm of the Ministry of Finance which manages the country'sreserves. They replace three outgoing directors who have resigned. As expected,Mr. 'Abd Allah al-Gabandi has left the board, and his position as ManagingDirector has been taken by Mr. 'Ali Rashid al-Badr, who is the Chairman of theKuwait Investment...