Kuwait sovereign wealth eyes investment in Italy.
The Authority will not hesitate in investing in this new sector if the viability of these investments and long-term returns were proved, Bader al-Saad said.
Al-Saad is in Rome to meet Italian government officials and executives from companies including power producer Enel and Finmeccanica.
Enel has said it would sell a 30 to 49 percent stake in its green energy unit via a private placement or a stock market listing. Investors, including Libya's sovereign wealth fund, have already expressed an interest
Al Bawaba / Euclid Infotech Monitoring (Arabic to English)
Provided by Syndigate.info an Albawaba.com company
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|Publication:||Al Bawaba/Euclid Infotech Monitoring (Arabic to English Service)|
|Date:||Sep 30, 2009|
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