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Kuwait: Stock exchange privatisation moves ahead

The planned sale of 50% of shares in Boursa Kuwait to local nationals is to go ahead before the end of the year. The Capital Market Authority (CMA) issued a statement on 1 September urging citizens to ensure their personal details held by the Public Authority for Civil Information were up to date, to ensure they can take part in the process. The Boursa privatisation is part of the government’s efforts to inject momentum into the economy, in line with its Vision 2035 strategy.

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African Energy Gulf States Newsletter