Kuwait’s KIA plans to invest in Aramco IPO

Wed Nov 27 2019
Lucy Harlow (4125 articles)
Kuwait’s KIA plans to invest in Aramco IPO

Kuwait Investment Authority (KIA) plans to invest in the initial public offering (IPO) of Saudi Aramco, two sources familiar with the matter told Reuters on Wednesday.

KIA, Kuwait’s sovereign wealth fund, and state oil giant Aramco did not immediately respond to separate Reuters requests for comment.

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Lucy Harlow

Lucy Harlow

Lucy Harlow is a senior Correspondent who has been reporting about Equities, Commodities, Currencies, Bonds etc across the globe for last 10 years. She reports from New York and tracks daily movement of various indices across the Globe