Kuwait’s KIPCO rejects $3.2 bln offer for pay-TV unit OSN
Kuwait Projects Company (KIPCO) has rejected a $3.2 billion takeover offer from a U.S. private equity firm for its pay-television subsidiary OSN
Kuwait’s Americana Hopes to Get $5B from Private Equity
Americana, the Kuwaiti operator of KFC, TGI Friday’s, Krispy Kreme and Red Lobster, is looking to private equity for a suitor willing to pay US$5 billion for the group....
RDIF launches an initiative to set up a joint fund to implement BRICS infrastructure projects
Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), has announced an initiative to form a joint fund to invest in the equity capital of BRICS infrastructure projects while he attends the BRICS summit in Fortaleza. Representatives of leading financial institutions, BRICS sovereign wealth funds and RDIF’s international partners have given their complete support to the initiative. Should the negotiations be successful, the joint fund will become operational by the next BRICS summit which is scheduled to take place in Ufa (Russia) in 2015.
Where in the World is the Kuwait Investment Authority?
The Kuwait Investment Authority [KIA] has always been a black box. No one knows what goes in, what comes out, and what is going on inside. But it was here before everyone else; it is still here—and it is growing.”
Kuwait Investment Authority Invests $100 Million in NantHealth
NantHealth LLC announced today that one of the world's largest sovereign wealth funds, the Kuwait Investment Authority (KIA), has invested $100 million in NantHealth, a cloud-based transformational healthcare IT company converging science and technology through a single integrated clinical platform, to provide actionable health information at the point of care, in the time of need.
Kuwait SWF Putting €500 Million into $2.5B Fund for Italian Companies
Kuwait's sovereign wealth fund will invest 500 million euros in Italian companies in coordination with Italy's own strategic investment fund, Prime Minister Enrico Letta said....
Technip wins $400m deal to help develop Kuwait's oil and gas infrastructure
The hundreds of anglers who assemble along the Galata Bridge each day providing one of the picture postcard images that define Istanbul could soon disappear. Thomas Seibert reports...
Kuwait's Global to hire ex-Barclays banker as investment bank head
DUBAI: Global Investment House is set to hire Michael Helou, a former senior banker at Barclays, as its investment banking head, four banking sources said, as the Kuwaiti firm seeks to revive...
Solar power to be main energy source in Middle East by 2017
Gulf countries are increasingly turning their focus toward clean renewable sources of energy for their power generation, with solar energy set to emerge as one of the region’s main sources of energy by 2017...
Kuwait Wealth Fund Doubles Investments in U.K. to $24 Billion - Bloomberg
Kuwait Investment Authority, the country's sovereign wealth fund, doubled investments in the U.K. over the last 10 years to more than $24 billion....