Kuwait names new stock market head
Kuwait City, October 13, 2010
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 parliament approved a much-delayed bill to set up a watchdog for the country's bourse, which is plagued by irregularities in prices and disclosure. - Reuters