Middle East Economic Survey

VOL. L

No 18

30-Apr-2007

KUWAIT

QPIC To List On Kuwait Stock Exchange

Qurain Petrochemical Industries Company (QPIC) has recently received approval from the Kuwait Stock Exchange (KSE) to list its shares for trading. QPIC Chairman Shaikh Mubarak al-Sabah said the listing, expected for September, would pave the way for shares mergers and issue of share deeds. QPIC holds a 6% share in the Equate Petrochemical Company (600,000 t/y of polyethylene, and 450,000 t/y of...