VOL. XXXII

NO. 1

10-OCTOBER-1988

Financial and Banking News

INVESTMENT ACTIVITIES

KIO's Spanish Subsidiary Blacklisted

According to the Kuwait officialgazette, Kuwait al-Yaum of 25 September, Union Explosivos Rio Tinto (ERT) hasbeen placed on the list of officially boycotted companies in Kuwait. The gazettestates that ERT has broken undertakings made to the Arab League's Damascus-basedHead Boycott Office to terminate its dealings with Israel, and that accordingly,the Kuwaiti order to boycott ERT...