Kuwaiti investors following the financial news at the Kuwait Stock Exchange on Tuesday, Dec. 1, 2009. (AP Photo/Gustavo Ferrari)
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Kuwaiti stocks have started the year with a charge, performing better than any other market in the world in January.The KIA wants to increase the allocation of funds managed in-house to as much as 8 percent from 1 percent or 2 percent now, Managing Director Bader al-Saad said in an interview with Bloomberg TV Wednesday.Switch Out of Real EstateA drop in oil to the lowest in more than a decade last year depressed real estate prices in the Gulf country, the International Monetary Fund said in November. The market has yet to recover, with some local investors preferring to put their money in stocks instead.
FOLLOW THIS ARTICLE