NO. 49


Capital Markets

Kuwait Government Holds 26% Of Local Stock Market Valuation, al-Shall Says

The Kuwaiti Government's stakes in companies listed on the local stockexchange have a market value of KD864mn ($2.9bn), according to the localal-Shall consultancy. In its weekly report, al-Shall says that the governmenthas shares in 37 out of the 48 companies listed on the Kuwait Stock Exchange (KSE- seven of the 48 are Gulf companies, not Kuwaiti).

In a recent report on...