Kuwait's cabinet has approved a draft decree appointing Hamed Al-Saif to head the Kuwaiti stock market, Kuna said.
He replaces Saleh Al-Falah who will be heading the new stock market regulator.
In February, the
Kuwait's stock market will be closed on Sunday (July 11) for an Islamic holiday, the bourse said in a statement on its website.
The exchange will re-open for business on Monday (July 12), it said.-Reuters
The Kuwait stock exchange will shift its weekend to Friday and Saturday from Thursday and Friday from September 1, the bourse said on its Web site.
The oil producer is changing its weekend to Friday and Saturday, bringing its working week