Kuwait Investment Authority
First of all sovereign wealth funds, established by Sheikh Abdullah Al-Salem Al-Sabah in 1953 as The Kuwait Investment Board. The Kuwait Investment Office replaced The Kuwait Investment Board in 1963 and now is based in London.
Source of funds
Kuwait transfers 10% of oil revenue into the Reserve for Future Generations each year, which is the overall responsibility KIA in Kuwait, the parent organization of the Kuwait Investment Office
KIA is the owner of National Technology Enterprises Company of Kuwait (NTEC).
P.O. Box: 64, Safat,
Z. Code: 13001, Kuwait
1. Kuwait sovereign fund takes stake in Gulf Bank, Reuters, 26 January 2009
Last Updated: 26.01.2009
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