Kuwait's National Assembly rejected a draft bill on the country's 30 billion dinar ($108 billion) development plan on Wednesday as opposition deputies accused the government of failing to make progress on the major investments it provides for.
Temasek Holdings Pte and Kuwait Investment Authority are among early investors who agreed to buy $900 million of stock in Citic Securities Co.’s initial share sale in Hong Kong, two people with knowledge of the matter said.
Kuwait Investment Authority (KIA), the Gulf state's sovereign fund, will set up a company with $1 billion in capital to invest in Egypt's stock market, a local newspaper said on Thursday, citing the head of the chamber of commerce.
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