Kuwait's Global Investment House (GLOB.KW) swung to a loss in the fourth quarter and said it would take longer to reschedule its debt.
Reuters calculated it had a 360.5 million dinar ($1.36 billion) net loss in the fourth quarter versus a 29.47 million dinars net profit in fourth quarter 2007.
Reuters calculated the fourth-quarter net loss based on a net profit in the first nine months of 102.9 million dinars.
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