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All markets in the Gulf Co-operation Council (GCC) region experienced a volatile start to 2008, although less than most other emerging markets. But the recent gainer has been Kuwait, which was the only one in the GCC to post a positive return over the first quarter of the year, of 13.8%.
Established investment firms in the country – there are now some 25 listed and non-listed entities — are calling for the financial authorities to bring the market up to international standards to give investors confidence to engage further.
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