No 19



Government ToSell Shares In Bank Of KuwaitAnd The Middle East

The Kuwaiti Government wants to push ahead once morewith privatization and has revived its plan to offload some of itsshareholdings in local companies, announcing that it will be publicly offering300mn shares in Bank of Kuwait and the Middle East (BKME) for KD93mn ($305mn)between 19 May and 18 June. The shares will be sold for 311 fils,with a minimum subscription of 1,000 shares and a maximum of...