VOL. XLIV

No. 24

11-June-2001

KUWAIT

NBK Says Complacency Could Threaten Reforms In Kuwait

Last years accident at Kuwaits Mina al-Ahmadi refinery, which shut down half of the countrys refining capacity for three months, underlined the need to diversify the economy, but despite this stark reminder, continued complacency could threaten the campaign for economic reforms. So says the countrys largest bank, National Bank of Kuwait (NBK), in a statement released on 2 June summarizing its latest ...