Saturday 29 June 2013

Kuwait wealth fund backs British recovery - Telegraph

"The Kuwait Investment Authority (KIA) has poured more than $24bn (£16bn) into the UK across all asset classes, sectors and industries, up from $9bn a decade ago, according to management.
Bader M Al Sa’ad, managing director of the fund, said that while the current economic environment in the UK was “very challenging” he remained bullish in the long term.
“I am still convinced that the economy of Great Britain has the resilience to survive and improve,” he said."

'via Blog this'

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