Kuwait Investment Authority says to expand Germany investments | Energy & Oil | Reuters:
"The Kuwait Investment Authority (KIA), one of the world's largest sovereign wealth funds and a long-term investor in German auto maker Daimler AG , wants to ramp up investments in Europe's largest economy.
Speaking on Thursday at a ceremony in Stuttgart to celebrate the 40-year anniversary of Kuwait's investment in Daimler, His Excellency Anas K. Al-Saleh, minister of finance of the State of Kuwait and chairman of the board of the Kuwait Investment Authority, said the KIA would continue to increase its investments in Germany.
Kuwait has invested almost $18 billion in Germany."
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