Kuwait finance centre by 2020
Kuwait: Monday, October 08 - 2007 at 08:06
Sheikh Salem Abdul Aziz Al Sabah, the Governor of the Kuwait Central Bank, has said the country is unlikely to become a regional financial and trading hub until 2020, reported Reuters. Al Sabah described the plan as 'long-term' and emphasised that it will not 'happen overnight'. Kuwait's hopes of diversifying its economy away from hydrocarbons have been slowed up due to ongoing political disputes.
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Jonathan Sheikh-Miller, Deputy EditorMonday, October 08 - 2007 at 08:06 UAE local time (GMT+4)
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