1st Edition

The Gulf Stock Exchange Crash The Rise and Fall of the Souq Al-Manakh

By Fida Darwiche Copyright 1986
178 Pages
by Routledge

178 Pages
by Routledge

178 Pages
by Routledge

The collapse of Souq Al-Manakh in Kuwait in August 1982 was the most spectacular financial crash of recent years. The market had developed as a parallel stock exchange dealing in the shares of Gulf companies not resident in Kuwait. Fuelled by manic speculation, the market grew at a phenomenal rate throughout 1981 and early 1982. Inexperienced investors gambled huge sums on the shares of shell... Read more

1. Kuwaiti Public Companies 1950-80  2. Gulf Public Companies 1976-82  3. Gulf Stock Exchange  4. Gulf Stock Exchange Crisis

Biography

Fida Darwiche