Kuwait's GRF Agrees to 15 Year Dividend Repayment with Kuwait Petroleum Corporation
The Kuwait Investment Authority (KIA) manages the General Reserve Fund (GRF) and Future Generations Fund (FGF). KIA reached an agreement with Kuwait Petroleum Corporation, in which the state-owned oil company will pay 8.25 billion Kuwaiti (US$ 27.04 billion) dinars in accrued dividends over 15 years to the SWF. Kuwait Petroleum Corporation has owed roughly 7 […]
Source: swfinstitute.org