Financial and Banking News

INVESTMENT ACTIVITIES

Valuation Problems Beset Kuwaiti Company Results 

Publicly quoted companies in Kuwait now preparing their end-year accounts are grappling with a major problem of asset valuation, which in some cases may threaten them with insolvency. According to knowledgeable sources in Kuwait contacted by MEES recently, considerable anxiety is being expressed in financial circles over this latest manifestation of the country's lingering stock...