Middle East Economic Survey

VOL. XLVII

No 43

25-October-2004

CAPITAL MARKETS

Kuwaiti-Jordanian Holding Company Established

A new firm, the Kuwaiti-Jordanian Holding Company, has been established, capitalized at KD35mn ($119mn), Kuwaits official gazette, al-Kuwait al-Yawm reported on 3 October. The leading investor, with shares worth KD9mn, is Kuwats National Investment Companies. Among the other 25 shareholders are Alghanim Industries, Kuwait Investment Company, National Industries Group,...