{"id":101143,"date":"2022-07-28T08:30:40","date_gmt":"2022-07-28T05:30:40","guid":{"rendered":"https:\/\/timeskuwait.com\/news\/?p=101143"},"modified":"2022-07-28T08:30:40","modified_gmt":"2022-07-28T05:30:40","slug":"foreign-assets-in-custody-of-kuwait-investment-authority","status":"publish","type":"post","link":"https:\/\/timeskuwait.com\/news\/foreign-assets-in-custody-of-kuwait-investment-authority\/","title":{"rendered":"Foreign assets in custody of Kuwait Investment Authority"},"content":{"rendered":"<p>On the request of Representative Dr. Abdulaziz Al-Saqabi in relation to the assignment of the General Investment Authority by the Council of Ministers, the Parliamentary Financial and Economic Affairs Committee approved the proposal to assume the trading and dealing of the diplomatic, cultural, security assets, as well as, military missions and attach\u00e9s of Kuwait. The proposal pertains to the purchase of land, ownership of buildings, rental or sale of real estate, as per the Authority\u2019s regulations.<\/p>\n<p>The said proposal has been approved in coordination with relevant state authorities, such as the Ministry of Foreign Affairs, the Ministry of Higher Education, the Ministry of Defense, the Ministry of Interior and other related government agencies, to ensure the proper handling of public funds and budgets.<\/p>\n<p>The committee submitted a request for the General Investment Authority to file an annual report to the Council of Ministers regarding the management and investment of these assets. Al-Saqabi stated the proposal aims to govern over control of waste reduction, ensure return of income and foil the abuse of state assets\u2019 management and ownership abroad.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On the request of Representative Dr. Abdulaziz Al-Saqabi in relation to the assignment of the General Investment Authority by the Council of Ministers, the Parliamentary Financial and Economic Affairs Committee approved the proposal to assume the trading and dealing of the diplomatic, cultural, security assets, as well as, military missions and attach\u00e9s of Kuwait. The [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":101144,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,18],"tags":[],"class_list":["post-101143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-local"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Foreign assets in custody of Kuwait Investment Authority - TimesKuwait<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timeskuwait.com\/news\/foreign-assets-in-custody-of-kuwait-investment-authority\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foreign assets in custody of Kuwait Investment Authority - TimesKuwait\" \/>\n<meta property=\"og:description\" content=\"On the request of Representative Dr. Abdulaziz Al-Saqabi in relation to the assignment of the General Investment Authority by the Council of Ministers, the Parliamentary Financial and Economic Affairs Committee approved the proposal to assume the trading and dealing of the diplomatic, cultural, security assets, as well as, military missions and attach\u00e9s of Kuwait. The [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/timeskuwait.com\/news\/foreign-assets-in-custody-of-kuwait-investment-authority\/\" \/>\n<meta property=\"og:site_name\" content=\"TimesKuwait\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/timeskuwait\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-28T05:30:40+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/timeskuwait.com\/news\/wp-content\/uploads\/2022\/07\/Untitled-212.png\" \/>\n\t<meta property=\"og:image:width\" content=\"801\" \/>\n\t<meta property=\"og:image:height\" content=\"594\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Lenin Kumar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@thetimesq8\" \/>\n<meta name=\"twitter:site\" content=\"@thetimesq8\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lenin Kumar\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/foreign-assets-in-custody-of-kuwait-investment-authority\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/foreign-assets-in-custody-of-kuwait-investment-authority\\\/\"},\"author\":{\"name\":\"Lenin Kumar\",\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/#\\\/schema\\\/person\\\/c1f19a91112956d7f83c270ed5aa1760\"},\"headline\":\"Foreign assets in custody of Kuwait Investment Authority\",\"datePublished\":\"2022-07-28T05:30:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/foreign-assets-in-custody-of-kuwait-investment-authority\\\/\"},\"wordCount\":188,\"publisher\":{\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/foreign-assets-in-custody-of-kuwait-investment-authority\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/wp-content\\\/uploads\\\/2022\\\/07\\\/Untitled-212.png\",\"articleSection\":[\"Featured\",\"Local\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/foreign-assets-in-custody-of-kuwait-investment-authority\\\/\",\"url\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/foreign-assets-in-custody-of-kuwait-investment-authority\\\/\",\"name\":\"Foreign assets in custody of Kuwait Investment Authority - 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