Kuwait SWF opens second China office

ShanghaiKuwait Investment Authority (KIA) has expanded its presence in China by opening an office in Shanghai. The official ceremony was conducted by Kuwait’s minister of finance and the KIA’s chairman of the board of directors Nayef Al-Harjaf. The decision to open a Shanghai office is “a continuation of KIA’s efforts” that started in 2011 with the opening of a representative office in Beijing, said Harjaf. The Shanghai property is also the first foreign investment office to be established by the KIA since its London branch opened for business in 1953, said Harjaf. One of the main purposes of the Shanghai office is to train Kuwaiti cadres on various investment themes. The sovereign wealth fund also held a Sino-Kuwaiti investment forum on the same day as the office opening to which it invited more than 400 Chinese companies to discuss investment opportunities in Kuwait. ©2018 funds global mena

Executive Interviews

INTERVIEW: ‘Financing is the blood of Iran’s economy’

Jan 04, 2019

Amid a fresh wave of American sanctions, Romil Patel spoke to Meysam Hamedi, director of financial markets and instruments at Iran’s Securities & Exchange Organization (SEO).

INTERVIEW: Totally mega

Jun 13, 2018

In 2016, global consulting firm PWC forecast the emergence of five global ‘megatrends’ in the next two decades. Stephen Anderson, its Middle East clients and markets leader, talks about their...


ROUNDTABLE: Hooked to the global caravan

Jan 04, 2019

With the MENA region at a tipping point, our panellists talk about economic diversification, the impact of regulation and the delayed Saudi Aramco listing. Chaired by Romil Patel in Dubai.

MENA ROUNDTABLE: ‘The story is about reforms’

Jun 13, 2018

Our cross-industry panel discuss the positive backdrop in Egypt, the Dana Gas controversy and the potential index upgrades of Saudi Arabia and Kuwait. Chaired by George Mitton in Dubai.