Middle East Economic Survey
VOL. XLVIII
No 37
12-September-2005
KUWAIT
SPC Allows Greater Independence For KPC And Subsidiaries
Kuwaits Supreme Petroleum Council (SPC), during a meeting on 5 September under its chairman, Prime Minister Shaikh Sabah al-Ahmad al-Sabah, approved recommendations that Kuwait Petroleum Corporation (KPC) and its subsidiaries should be accorded greater independence. The changes are in line with suggested amendments to the companies financial regulations as part of a new...
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