Middle East Economic Survey
VOL. XLVII
No 43
25-October-2004
CAPITAL MARKETS
Kuwait To Sell Billions In State Shareholdings
Kuwait will begin selling billions of dollars worth of state shareholdings in local companies in December or January in order to take advantage of soaring share prices, Kuwait Investment Agency (KIA) chief Badr al-Sad told a news conference on 12 October. Disposals will start with the sale of a 25% stake worth $1.02bn in Kuwait Finance House, the countrys largest Islamic...
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