Middle East Economic Survey
VOL. XLVII
No 30
26-July-2004
KUWAIT
Bubiyan Petrochemicals/National Investments Company Form Holding Firm
Bubiyan Petrochemical Company and Kuwaits National Investment Company (NIC) announced on 19 July that they have established a new firm, Bubiyan International Industries Holding Company, which has been fully capitalized at KD30mn ($102mn), distributed over 300mn shares at a value of 100 fils per share, plus 5 fils premium for issuance. Bubiyan said it had been...
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