Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

KIA's investments in Germany tripled in 10 years-Al-Saad  Join our daily free Newsletter

MENAFN - Arab Times - 26/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab Times) Rlin may 22 (kuna): managing director of kuwait investment authority (kia) bader al-saad said wednesday the volume of kia's investments in germany tripled in the last decade and grew by 80 percent in the last three years. 'kia maintained a strong and sustainable presence in the german economy which is the largest in europe over the last five decades' he said noting that the authority maintains close ties with german banks and investors.

al-saad is a member of the senior-level delegation accompanying the first deputy prime minister and foreign minister sheikh sabah al-khaled al-hamad al-sabah on a visit to germany on the occasion of the 50's anniversary of the diplomatic ties and the 40th anniversary of the kia-daimler group partnership. on kuwait stake in daimler group he said kuwait used to hold 12 percent equity until the auto-merger deal between daimler-benz ag and chrysler corp. in late 1990s when the group issued additional shares for shareholder thus bringing down the percentage to 6.9. a-saad ruled out the intention of kia to reduce its investments in germany saying: 'while tapping the promising investment opportunities we look at the german economy as a whole in order to ensure mutual benefit'.


 


Arab Times




  MENA News Headlines
 Aug 31 2015 - Sudanese President to visit China despite international arrest warrantThe Peninsula
(MENAFN - The Peninsula) Sudanese President Omar Hassan al-Bashir is expected to travel to China on Monday for a four-day visit, the foreign ministry said, defying an international warrant for his ...

 Aug 31 2015 - Egypt to hold parliamentary election starting Oct 18-19The Peninsula
(MENAFN - The Peninsula) Egypt will hold a long-awaited parliamentary election in two phases starting Oct. 18-19, the election commission said on Sunday, the final step of a roadmap to democracy that ...

 Aug 31 2015 - Palestine- Tear gas fired at barrier protestThe Peninsula
(MENAFN - The Peninsula) Israeli soldiers fired tear gas and stun grenades yesterday to disperse a protest in a Palestinian Christian town near Bethlehem against renewed work on Israel's West Bank ...

 Aug 31 2015 - Lebanon's trash protesters turn up heat on govtThe Peninsula
(MENAFN - The Peninsula) Pressure was growing yesterday on Lebanon's government after a protest campaign spurred by a trash crisis gave political leaders a deadline to meet their demands. "Your time ...

 Aug 31 2015 - Air raids kill 36 in Yemen townThe Peninsula
(MENAFN - The Peninsula) An air strike by warplanes from a Saudi-led coalition, which said it targeted a bomb-making factory, killed 36 civilians working at a bottling plant in the northern Yemeni ...

 Aug 31 2015 - Qatar- Deputy Emir meets new ambassadorsThe Peninsula
(MENAFN - The Peninsula) Deputy Emir H H Sheikh Abdullah bin Hamad Al Thani yesterday received in his Emiri Diwan office new ambassadors who presented their credentials. They were Heong Keong ...

 Aug 31 2015 - Qatar- WCMC-Q metabolism study advances diabetes knowledgeThe Peninsula
(MENAFN - The Peninsula) Weill Cornell Medical College in Qatar (WCMC-Q) researchers have made new discoveries about effects of type-2 diabetes on human metabolism and developed a holistic ...

 Aug 31 2015 - Qatar- ROTA in search of volunteers for 'Better Connections'The Peninsula
(MENAFN - The Peninsula) Reach Out To Asia (ROTA) is looking for more volunteers for the second cycle of 'Better Connections Programme' to provide ICT access and training at labour accommodations.A ...

 Aug 31 2015 - Qatar- DFC completes 2015 internship programmeThe Peninsula
(MENAFN - The Peninsula) Doha Festival City (DFC) has announced the successful completion of its internship programme 2015 which also honoured three engineering students from Qatar University.The ...

 Aug 31 2015 - Qatar- No serious injuries in Ramez mishapThe Peninsula
(MENAFN - The Peninsula) The Ministry of Interior said yesterday that no one suffered serious injuries in the partial ceiling collapse at Ramez shopping centre on Saturday.All the injured who were ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help