Kuwait-based KCIC, which specializes in investments across Asia, has closed 2012 with a net profit of KD5.23 million ($18.3 million), but said will retain earnings and not issue dividends.
The firm today held its Annual General Me
Exports from the GCC countries to China rose to $7.1 billion in October from a yearly low of $4.9 billion in August, marking a 45.6 per cent increase in just one quarter, a report said.
Growth expectations in the Chinese economy s
A Kuwaiti investment firm affiliated to the Gulf state's sovereign wealth fund is eyeing stakes in fund and asset managers operating in China and plans to set up a Chinese property fund, a company executive said.
Kuwait China Investment Co
Kuwait China Investment Co (KCIC), a firm linked to the Gulf Arab state's sovereign wealth fund, is eyeing investments in Asia's agriculture sector, the company's managing director has said.
Gulf investors have spent billions of petrodolla