AlShall In the News :


Kuwait, a Gulf state with 8.5 percent of the world’s proven oil reserves, may produce a budget surplus of 5 billion Kuwaiti dinars, or $17.2 billion, this financial year, Al Shall Economic Advisors said. Kuwait will earn about 15.3 billion dinars from oil in the year through March, 7.6 billion dinars more than estimated in the budget, the Kuwait- based Al Shall said in its weekly economic report.

Le bureau de consultant koweïtien Al-Shall Economic Consultants a expliqué la hausse par plus de liquidités et un retour de la confiance. L’indice Saudi Tadawul All-Shares, qui a cédé 56,5% en 2008, a fini avril à 5.625,25 points, soit 19,1% de plus qu’en mars et 17.1% de plus qu’à fin 2008.

Kuwait’s Al-Shall Economic Consultants attributed the increase to a noticeable rise in cashflow in almost all Gulf markets, an indication to a gradual return of investor confidence. The Saudi Tadawul All-Shares Index, which dropped 56.5 percent last year, ended the month of April at 5,625.25 points, up 19.1 percent on March and 17.1 percent higher than its close last year.