Kuwait’s political instability leading to an economic crisis
Kuwait Investment Authority or the KIA is among the five largest sovereign wealth funds in the world. KIA is also the world’s oldest sovereign wealth fund. Yet, despite such an impressive profile, political infighting in Kuwait threatens the KIA and may fuel an economic crisis. Sabah al-Ahmad al-Jaber al-Sabah, the 15th Emir or the ruler of Kuwait, was an influential figure in the Middle East. He passed away in September