Al-Haroun presides over KSE meeting.Kuwait, 14 September: Kuwaiti Minister of Commerce and Industry Ahmad Rashed Al-Haroun has presided over the meeting of Kuwait Stock Exchange (KSE KSE Karachi Stock Exchange KSE Kuwait Stock Exchange KSE Korea Stock Exchange KSE Kernel Scheduler Entities KSE Kill Switch Engage (band) KSE Kuat Systems Engineering (Star Wars) ) commission on Sunday. The meeting proved a number of issues and recommendations raised by KSE's financial and technical sub-committees, the minister told reporters. It also approved the bourse's budget for the fiscal year, ending on June 30, 2009, he disclosed. It also approved the contract of the modernization of the electronic trading and auditing systems to be implemented in association with the Swiss Stock Exchange (SWX SWX Swiss Exchange (trademark of SWX Swiss Exchange) SWX SolidWorks (3D solid modeling CAD software) SWX Splitter / Wave Division Multiplexer ). "The contract, involving KD 18.3 million (USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 64 million), will be officially signed soon after finalizing the remaining technical details," Al-Haroun pointed out. The meeting has adopted a decree regulating the movement from the parallel market to the official one. "The new regulation allows the KSE-listed firms to move from the gray to the official market when they meet the requirements specified by the KSE technical committee in the light of the applications and studies filed by the companies. "It annuls the KSE decree No. 1 for 2003," the minister went on to say. Al Bawaba / Euclid Infotech Monitoring (Arabic to English) Provided by Syndigate.info an Albawaba.com company |
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