FERCO [First Energy Resources Company]

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Kuwait enjoys being at the pinnacle of glory on oil revenues. The economic and social climate has never been so conducive to a comprehensive growth and constant expansion, especially backed by its sizeable upstream resource base, the Project Kuwait (North Fields) and its real estate prospects. The government of the State of Kuwait puts energy sector on high priority in its agenda. It is in this favorable climate FERCO has come into being.

23/08/2010

Zakat Calculation of the First Energy Resources Company shares

Dear Customers peace be upon you, we are pleased to offer you the Zakat calculation of shares of the First Energy Resources Company:

Zakat is calculated by the following equation as the value per share.

Amount of Zakat = Number of shares X Zakat per share

Zakat per share 0.00099 KWD

	07/09/2009 Zakat caculation of the First Energy Resources Company shares
	Dear customers peace be upon you, we are pleased to offer you the Zakat caculation of shares of the First Energy Resources Company:

	12th October 2008
	AGM NEWS The CEO of the first energy resources Yousef Eissa Al-Omi said at the AGM that the company is now considering to be listed in the Kuwait Stock Exchange soon if met all the required conditions, which is expected within two years. He also noted that the company has setup a maintenance workshop in the Shuaiba industrial area and will be fully functional in the month of October.