Financial and Banking News

INVESTMENT ACTIVITIES

Closed and 'Gulf' Companies Lose Kuwaiti Stock Market Listing

In a surprise move, closed companies and 'Gulf' companies which have been listed on the Kuwaiti stock exchange have been suspended until further notice, according to a directive issued on 2 October. According to the Finance Minister, Mr. Jassim al-Khorafi, it is necessary to investigate the affairs of all these companies to determine which are fit to continue...