Saturday 22 October 2011

Kuwait considering investments in Europe - fin min | Reuters

Kuwait is considering buying assets in Europe after prices fell in response to the region's debt crisis, but it has not made specific decisions, the country's finance minister told Reuters.

"We haven't defined any sector investing in Europe, but all sectors are open for us to go through. The sectors that we get some benefit out of, yes we'll go for it."

"All that is now presented to us, we have to think it over, study it well, and then decide," Finance Minister Mustapha al-Shamali said in an interview late on Friday before a meeting of Gulf Arab finance ministers and central bank governors in the United Arab Emirates.

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