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Tue 1 Mar 2011 11:30 AM

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Kuwait fund will not liquidate MENA investments

Kuwait Investment Authority's investments were not affected by the current political events

Kuwait fund will not liquidate MENA investments
SOVEREIGN FUND: Kuwait Investment Authority is not considering liquidating any of its investments in Middle East North Africa region

Kuwait Investment Authority (KIA), the Gulf state's sovereign fund, is not considering liquidating any of its investments in Middle East North Africa region, an unnamed source said in published remarks on Tuesday,

Recent political unrest in the region has roiled financial markets and threaten to derail investment prospects of the region.

"KIA assesses its investments periodically, assuring that it does not mean existing or liquidating any of it," Arabic newspaper al-Watan quoted the source as saying.

The source also told the paper that KIA's investments were not affected by the current political events.