Financial and Banking News


KSE To List Foreign Companies 

Having recently allowed forward share transactions (MEES, 2 June), the Kuwait Stock Exchange (KSE) last week permitted the listing of foreign companies, which can be traded by Kuwaitis and non-Kuwaitis alike. The new ruling creates three classes of foreign shares: those 'Gulf' companies which meet the requirements of a full KSE listing, all GCC-based companies which can be listed with minimal...