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Kuwait Investment comprises Kuwait Stocks/Shares, Insurance, Kuwait Bank Savings, Kuwait Long term Investments, Industrial Investments, Investments in Services, Investment in Food, and Foreign Investments. Other than the Banking sector, Kuwait Investment in all other domains has been experiencing a boom in the recent period of time.
Kuwait Investment: Overview
The journey of Kuwait Investment started from the beginning of 1950s with the oil exploration. This influx of Kuwait Oil in the Kuwait economy increased the fiscal surplus and for further progress and prosperity Investment became necessary. The investment policies are under the supervision of the Kuwait Investment Authority which plays a strategic role in the management of the financial reserves of the country. Some of the leading companies in which Kuwait Investment is pronounced includes the Electrical Industry Company, Gulf Cable, Kuwait Investment Company, and the Mobile Telephone Systems company.
Kuwait Investment: 2007
Kuwait Stock traded in the recent period in 2007 has increased from 295,900 thousand to 325,425 thousand shares. The share price index also increased from 12,424.6 to 12,491.1. which implies that there has been an increase by 66.5. In the corresponding period the companies that were traded rose from 144 to 155. In the industrial sector there has been a great increase by nearly 100 points with the Kuwait investments in the Industrial Sector risen from 8,365 to 8,465 in the recent year. In the same period Real Estate Investments in Kuwait has increased to 5,901 from 5,858. However, it should be noted that in the same period Kuwait Investment in Banking has fallen from 13,951.9 to 13,916.9 indicating a decline by 35 points.
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