Middle East Economic Survey

VOL. XLVII

No 36

6-September-2004

KUWAIT

Share Offering In Kuwait Local Fuel Marketing Company Begins

Share offering in a Kuwaiti public shareholding firm called the First Company for Local Fuel Marketing begins on 7 September and will be completed before the end of the month, according to media reports on 1 September. Last June the Kuwaiti cabinet approved a draft law setting up the company (MEES, 14 June) which will be capitalized at KD30mn ($102mn). Kuwait Petroleum...