Exclusive: GIH’s Ghunaim says lessons have been learnt from default

At the beginning of the year Kuwait’s biggest investment company, Global Investment House, announced that it had defaulted on about $2.5 billion in debt. It became the first big financial institution in the Gulf to default since the credit crisis began. In an exclusive interview its chairwoman Maha Al Ghunaim tells Dominic O’Neill how she plans to turn the company’s fortunes around.