Kuwait's SWF eyes Italian investment opportunities

by Andy Sambidge Tuesday, 29 September 2009

Kuwait's sovereign wealth fund chief is in talks in Rome to discuss possible investment opportunities in Italy.

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Bader Al-Saad, managing director of Kuwait Investment Authority (KIA) is on an official two-day visit to the Italian capital to "attend several meetings in order to fetch the best options of investments in Italy", KUNA News Agency reported.
Al-Saad said in a statement that he would be meeting on Tuesday with foreign minister Franco Frattini, and the deputy minister of Economic Development for Foreign Trade.

He added that he would be also meeting with Italian businessmen from top companies like Finmeccanica Group and ENEL group.

"This will be an opportunity to identify investment opportunities and how to participate in them," he told KUNA.



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