Kuwait gets more time to study Dar debt plan

29 July 2010

Kuwait's Investment Dar has said a Kuwaiti court has granted the country's central bank four more months to submit a report on the Islamic investment firm's debt restructuring plan, Reuters has reported. Dar, which has been trying to restructure about KD1bn of debt, applied in March for support under a government facility set up for troubled companies as part of a debt restructuring.

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