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About kia.gov.kw
As oil became an increasingly important source of revenue for Kuwait, our forefathers realized its potential to promote the sustainable development and welfare of the Kuwaiti people for generations to come. Among those was HH Sheikh Abdullah Al-Salem Al-Sabah (1950-1965) who in February 1953, established the Kuwait Investment Board (KIB) headquartered in the City of London with a mandate to invest surplus oil revenue and reduce Kuwait’s reliance on a single finite resource.
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