Boursa Kuwait Caps off a Successful 2021 With Five Prestigious Awards

Rounding off an eventful 2021, which saw Boursa Kuwait excel across all facets of its operations, the company has won five acclaimed international awards in recognition of its efforts to develop a more transparent and solvent capital market. The awards celebrated the company’s outstanding contributions to the Kuwaiti capital market, marked investor relations performance, and remarkable support to the United Nations’ Sustainable Development Goals (SDGs).
Boursa Kuwait was also voted the sustainable stock exchange of the year in the Middle East and North Africa (MENA), in addition to being honored for its endeavors to cultivate a culture of learning in the organization.
The awards reflect Boursa Kuwait’s commitment to operational excellence and its role in developing a strong and efficient financial market with liquidity and transparency that effectively brings together issuers and investors enabling them to seize investment opportunities and capture high returns on investment. Throughout the past year, the company continued to strive to create a robust capital market that sets new benchmarks in the region and is attractive to investors worldwide.
In commemoration of these awards, Boursa Kuwait’s Chief Executive Officer Mr. Mohammad Saud Al-Osaimi said, “Boursa Kuwait continues to blaze a path towards a progressive operation, responsible for driving engagement, growth and innovation in the Kuwaiti capital market in an effort to transform it into a world-class, attractive investment destination for international investors. The awards we won this year are a confirmation of our efforts, evidence of the progressive milestones we have achieved. The awards will also motivate us to aspire to even more accomplishments in the future. We look forward to providing market participants and those interested in listing even more investment products and solutions to further develop the market and elevate its status.”
Background Information
Boursa Kuwait
Boursa Kuwait was founded on April 21st, 2014 by the Capital Markets Authority Commissioners’ Council Resolution No. 37/2013 dated 20th November, 2013 and the Capital Markets Authority Law No. 7/2010. In addition to being primarily responsible for regulating all aspects of the Kuwaiti capital market, the Capital Markets Authority also has full ownership of Boursa Kuwait, which manages the exchange operations. Boursa Kuwait is responsible for introducing new trading rules, risk management practices, price discovery mechanisms and new technology to ensure that Boursa Kuwait is as robust and secure as possible. The establishment of Boursa Kuwait marked the first step in privatizing the Kuwaiti Stock Exchange, which was founded in 1983.