Kuwait’s UK investments safe, says finance minister
Anas Al-Saleh reassures cabinet after post-Brexit market chaos.
Kuwait’s finance minister Anas Al-Saleh has sought to ease fears over the country’s investments in the UK during this week’s cabinet meeting, according to state news agency KUNA.
He assured ministers that Kuwait’s investments in the UK were “solid” despite rising concern after the UK’s referendum vote to leave the European Union. Kuwait owns a sizeable amount of UK government bonds, but most of its investments are in real estate and infrastructure, including the Beorma Quarter in Birmingham and the More London complex.
However, Mr Al-Saleh did warn that currency value and interest rates could affect the stability of these investments. “The Kuwait Central Bank is following up closely all developments and repercussions in Europe,” he said.
Global greenfield investment trends
Crossborder investment monitor
|
fDi Markets is the only online database tracking crossborder greenfield investment covering all sectors and countries worldwide. It provides real-time monitoring of investment projects, capital investment and job creation with powerful tools to track and profile companies investing overseas.
Corporate location benchmarking tool
fDi Benchmark is the only online tool to benchmark the competitiveness of countries and cities in over 50 sectors. Its comprehensive location data series covers the main cost and quality competitiveness indicators for over 300 locations around the world.
Research report
fDi Intelligence provides customised reports and data research which deliver vital business intelligence to corporations, investment promotion agencies, economic development organisations, consulting firms and research institutions.
Find out more.