Comments on: Kuwait Fund for Future Generations http://www.248am.com/mark/interesting/kuwait-fund-for-future-generations/ Mark and Nat, a married couple who are living in Kuwait. Both are designers, Mark works in advertising while Nat runs her own design studio called Push+Pull. Mon, 13 Feb 2012 07:29:05 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Muhammed http://www.248am.com/mark/interesting/kuwait-fund-for-future-generations/#comment-2276 Muhammed Thu, 14 Jul 2005 04:38:55 +0000 http://www.248am.com/mark/interesting/kuwait-fund-for-future-generations/#comment-2276 Assalamu Alaikum! I would like to ask you sir,will the Kuwait Fund help Muslims financially?If yes than how? Assalamu Alaikum! I would like to ask you sir,will the Kuwait Fund help Muslims financially?If yes than how?

]]> By: Entrepreneur http://www.248am.com/mark/interesting/kuwait-fund-for-future-generations/#comment-2071 Entrepreneur Sun, 03 Jul 2005 13:22:23 +0000 http://www.248am.com/mark/interesting/kuwait-fund-for-future-generations/#comment-2071 Its interesting to note that much of Kuwait's current boom is being sustained by the price of Oil. They budget for $15 a barrel, and current prices of WTI bounce between $50 and $60 which means Kuwaiti oil is about $8 to $12 less (since it has large amounts of impurities such as sulphur that require extraction). Kuwait has alot of cash to invest for future generations, but it has also shown that it is very open to fraud and corruption. A number of scandals have emerged in recent history surrounding members of Kuwait Investment Authority, Kuwait Investment Office (their london division) and other related organizations. People have stolen money in various ways, not to mention taking kick backs from making investment decisions that favor their personal interests - something ethically and morally wrong. Money breeds greed Its interesting to note that much of Kuwait’s current boom is being sustained by the price of Oil. They budget for $15 a barrel, and current prices of WTI bounce between $50 and $60 which means Kuwaiti oil is about $8 to $12 less (since it has large amounts of impurities such as sulphur that require extraction).

Kuwait has alot of cash to invest for future generations, but it has also shown that it is very open to fraud and corruption. A number of scandals have emerged in recent history surrounding members of Kuwait Investment Authority, Kuwait Investment Office (their london division) and other related organizations.

People have stolen money in various ways, not to mention taking kick backs from making investment decisions that favor their personal interests – something ethically and morally wrong.

Money breeds greed

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