In a bid to attract more foreign capital to France, the government is creating a new ambassadorial position for sovereign wealth funds. The new role would establish a direct channel between Paris and SWFs, especially those from the Arab Gulf states such as PIF, ADIA, QIA and ADQ. [...]
The French and Kuwaiti foreign ministers are bidding to boost bilateral relations with a new Franco-Kuwaiti business club. It's set to include the private equity firm Ardian and French organisations looking to become involved in Kuwait's economic future. [...]
A New York court has rejected Omar Alghanim's discovery proceedings against his father Kutayba Alghanim, thereby ending a dispute in which the ultimate loser has been the family conglomerate just as it negotiates several defence contracts. [...]
Hussam bin Saud bin Abdulaziz al-Saud owes money to Kuwaiti telecommunications company Zain. His case is being ruled in London despite his attemps to avoid it. In Riyadh, he has been pushed to the sidelines. [...]
Washington is stepping up the involvement of its CIA agents stationed in the emirate, where the United States has strategic military bases. Charged with safeguarding American security interests, these agents have not been afraid to get involved in the internal affairs of the ruling family, which is beset by ongoing disputes. [...]
Don't miss a single article on
KUWAIT
15% OFF your annual subscription
This offer is open to all new subscribers and runs until 14/10/2022
Don't miss a single article on
KUWAIT
