Financial and Banking News


Shaikh Salem al-Sabah Appointed Governor of Central Bank of Kuwait 

An Amiri Decree was issued on 28 September appointing Shaikh Salem 'Abd al-'Aziz al-Sabah Governor of the Central Bank of Kuwait to replace Mr. 'Abd al-Wahab al-Tamar, who resigned on 17 September (MEES, 22 September). Shaikh Salem, the former Deputy Governor, had worked in the Central Bank since his graduation from the American University of Beirut in 1977. He...