VOL. XLI
No. 48
30-November-1998
KUWAIT
Kuwait Government Forms Committee To Stabilize Stock Market
At its weekly meeting on 22 November the Kuwaiti Council of Ministersdecided to set up a high-ranking ministerial committee with executive powers to developmechanisms aimed at stabilizing trading on the Kuwait Stock Exchange (KSE), which hasdeclined by over 30% since the beginning of 1998. The committee will be headed by theKuwaiti Minister of Commerce and Industry and Acting Minister of State for...
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