Mezzan Holding applies for listing on the Kuwait Stock Exchange, plans to launch an offering of up to 88.95 million shares for 30% of the company
Mezzan Holding said it has filed an application with Kuwait's Capital Markets Authority to list on the Kuwait Stock Exchange following a secondary offering of 88.95 million shares, representing 30% of the company.
Moody's raises Egypt's outlook to stable on political stability, improved growth
Moody's raised Egypt's credit ratings outlook to stable from negative on Monday, citing a more stable political and security situation and signs of economic recovery.
Petrol prices in Kuwait may rise too
Lifting subsides from oil products will be permanent and gradual. It started with diesel, kerosene and aviation fuel, and will later include gasoline.