Middle East Economic Survey

VOL. XLVIII

No 49

5-December-2005

KUWAIT

Kuwaiti Energy Investment Firm Planned

Kuwaits National Investment Company and First Investment Company have completed a study into the possibility of establishing a joint firm, capitalized at KD60mn ($206mn), to invest in the oil and energy sectors, according to a report in the daily al-Qabas of 30 November. Authorization to form the new company is being sought, with a view to shares being offered to public subscription in 1Q...