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Monday , November 19 2018

Tag Archives: funds

Middle East funds less positive on Saudi, Kuwait

Volatility on Turkey makes some bonds attractive; no major impact from delay to Aramco IPO DUBAI, Aug 30, (RTRS): Middle East fund managers have become less positive towards equities in Saudi Arabia and Kuwait after Turkey’s currency crisis triggered volatility in the markets this month, a monthly Reuters poll showed …

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Future Fund up, Finance tells panel

MP VOWS COMEBACK ON EARLY RETIREMENT BILL FOR JOBS KUWAIT CITY, June 4: Finance Minister Nayef Al-Hajraf has said that the performance of Kuwait’s Future Generations Fund (FGF) is “very good and there is no decline in its assets.” On the contrary, the value of the FGF assets is continuously …

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Assembly OKs proposal to amend ‘law’ on National Fund for SMEs

Al-Roudhan calls on MPs to support proposal KUWAIT CITY, Feb 14: The National Assembly on Wednesday approved the proposal to amend the National Fund for Small and Medium Enterprises (SMEs) Law number 98/2013 in its first reading. Out of the 34 members who attended the session, 29 voted in favor …

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GMRP in misuse of funds as KD 10m paid to 5,500 employees of 45 govt agencies

KUWAIT CITY, Feb 1: The chain of scandals concerning misappropriation of public funds continue to stream, in the wake of the recent exposure at the Government and Manpower Restructuring Project (GMRP) regarding ambiguities surrounding KD10 million paid to some 5,500 employees of 45 government agencies, reports Al-Rai daily. Secretary General …

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GCC Economic Council for managing sovereign funds

MANY questions have been raised about the proper way to overcome the current economic crisis caused by the oil price decline in the global market. Each country in the GCC is presenting a solution that appears suitable, amid the absence of a unified strategy to help the organization as a …

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Cancel decision to withdraw billions from fund: lawsuit

KUWAIT CITY, Jan 11: In an unprecedented move, Lawyer Mohammad Al-Ansari filed a lawsuit against His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al-Sabah, Deputy Prime Minister and Minister of Finance Anas Al-Saleh and Chairman of Kuwait Investment Authority, requesting the cancelation of the decision to withdraw billions of dinars …

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SMEs fund to start receiving entrepreneurs’ requests today – Fund needs support of public and private sectors

KUWAIT CITY, Oct 24, (KUNA): The national fund for the development of small and medium enterprises will start receiving applications of entrepreneurs as of Sunday after it had concluded its first forum last week. The entrepreneurs will submit their applications on the fund’s website and get answers on any inquiry …

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