The head of the Kuwait Investment Authority (KIA), which manages almost $1 trillion in assets, said the sovereign wealth fund ...

With plans to borrow up to $20 billion during the current fiscal year, Kuwait could issue its first tranche of debt very soon ...

The Kuwait Investment Authority (KIA) wealth fund is chaired by Finance Minister ... Generations Fund (FGF), a nest egg for when Kuwait's oil runs out, and the General Reserve Fund (GRF), which ...

Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of experience as a business executive. He is a professor of economics and has raised more than $4.5 billion in ...

Our new sovereign wealth funds must be made similar to that of Singapore’s ... This also encompasses the administrative functions of the Kuwait Oil Tanker Company’s marine oil tanker agency, focusing ...

Kuwait has approved a financing and ... with borrowing expected to fund projects to diversify its dependence on oil revenues. While the other OPEC Gulf heavyweights, Saudi Arabia and the United ...

As the pioneer of sovereign wealth funds, Kuwait introduced KIA to manage the country’s reserve ... Corruption in the management of oil at Pertamina happens at every level. They buy oil at too high a ...

Saudi Arabia’s Public Investment Fund is worth about $925 ... country’s offshore oil fields. Oil-rich Gulf States such as the United Arab Emirates, Kuwait and Saudi Arabia also feature ...

Kuwait started the first sovereign wealth fund in 1953 to manage proceeds from its oil reserves. Botswana started a sovereign wealth fund in 1993 to manage proceeds from diamond extraction.

Who possesses larger oil reserves ... but when it comes to public wealth, Kuwait has a slight edge, with a public investment fund of USD 800 billion, compared to Saudi Arabia's USD 776 billion.

Many funds have been set up by countries with strong commodities export industries, and proceeds from oil ... Sovereign Wealth Fund Institute, a data provider. Abu Dhabi, Kuwait, Saudi ...