Financial and Banking News


Kuwait Inaugurates Parallel Stock Market 

With the unofficial stock market in Kuwait's Suq al Manakh now closed, the Stock Market Committee has now formalized the existence of a 'parallel' market for shares in Gulf and 'closed' companies which will be allowed to operate within the new stock exchange complex. Of the fifty or so Gulf companies whose shares were traded on the floor of the Suq al Manakh, eight have...