
HRH Prince Hj Al-Muhtadee Billah, the Crown Prince and Senior Minister at the Prime Minister's Office, and Chief of Kuwait Investment Authority Badar R Elsaad (L). Picture: Infofoto
BANDAR SERI BEGAWAN
Thursday, August 5, 2010
His Royal Highness Prince Hj Al-Muhtadee Billah, the Crown Prince and Senior Minister at the Prime Minister’s Office, yesterday met Chief of Kuwait Investment Authority Badar R Elsaad on the fourth and final day of his official visit to the country.
His Royal Highness was accompanied by Yang Amat Mulia Pengiran Muda Abdul Qawi during the audience at the Diwaniya, Bayan Palace, said the Prime Minister’s Office.
The Kuwait Investment Authority is Kuwait’s sovereign wealth fund specialising in local and foreign investments.
It is responsible for the management and administration of the Kuwait General Reserve Fund, the Kuwait Future Generations Fund, as well as other funds entrusted to it by the Kuwaiti Government.
Formerly known as the Kuwait Investment Board and Kuwait Investment Office, the Kuwait Investment Authority was established in 1953. – Wardi Buntar
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