VOL. XLI

No. 27

6-July-1998

KUWAIT

KSE Introduce Futures Trading

On 29 June, the General Manager of the Kuwaiti Stock Exchange (KSE), Mr. Hishamal-'Utaibi, announced that futures trading would be introduced into the market. Followinga meeting of the KSE committee headed by the Minister of Commerce and Industry, Mr. 'Abdal-'Aziz al-Dakhil, it was agreed that Kuwait and Middle East Financial Investment wouldbe the first company to be allowed to deal in futures, as of 1 October. The decision came...