KUNA News: KIA Generated Roughly $150 Billion Over the Last 6 Years in Net Income
According to KUNA News Agency, state-owned news outlet in Kuwait, the Kuwait Investment Authority (KIA) earned a net income of 45.2 billion KWD (US$ 148 billion) over the last six fiscal years ended March 31. KIA had revealed the update on its returns, after the sovereign fund experienced a loss from its investments in Areva, SA, a French energy and nuclear company.
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