Kuwait Finance House (KFH) AGM for Finance Sector Emad Al-Thaqeb has said that Kuwait Investment Authority had asked KFH to manage a real estate portfolio with a capital of KD 1 billion (US$3.33 billion). He explained that the authority asked KFH at the beginning to manage KD 250 million of the portfolio?s total capital that is KD 1 billion, and noted that the portfolio will operate for five years and seeks to focus on investments in the commercial and investment real estate sector.
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