Boursa Kuwait Conducts a Series of Meetings With International Investors

In line with its ongoing efforts to develop the Kuwaiti market to meet international standards, apply best practices, and to market its top international listed companies to international investors, Boursa Kuwait and the Capital Markets Authority met with international investors in London, as an addendum to the recently concluded first international roadshow.
The meetings highlight Boursa Kuwait’s goal of not only introducing the international investment community to local Kuwaiti companies but to also create a better understanding of their requirements and get their views on the development of the Kuwaiti market.
Boursa Kuwait CEO, Mr. Khaled Abdulrazaq AlKhaled said, “As a follow-up to the roadshow, which included eight prestigious companies listed on the Kuwait Stock Exchange, Boursa Kuwait met privately with investors and regulatory companies, to gauge their interest in the Kuwaiti market and understand what they want to see improve, and what would entice them to invest in Kuwait. We are keen to raise the Kuwaiti Stock Exchange’s stature to a worldwide leader, and that means raising the standards of the current market to meet international demands.”
“The region is attracting a lot of investment interest, and we want the world to know that Kuwait is a major player economically.”
In early March, Boursa Kuwait participated in the 14th Annual EFG Hermes One on One Conference in Dubai, where CEO Mr. Khaled AlKhaled underlined the impact of sound operations and strong performance of capital markets on economic growth. Boursa Kuwait also participated in HSBC’s MENA Investor Forum, which brought together regulators, exchanges and over 25 of the largest companies from across the Middle East and North Africa (MENA) together with investors in New York City, where they were updated on recent strategic developments and demonstrated their investment case.
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.