It plans to invest $325mn through 2030 in sectors that advance Kuwait’s infrastructure and economic diversification
Boursa Kuwait
Boursa Kuwait net profit soars 69.5% as trade increases significantly
Q1 net profit reaches $25.9mn as value traded jumps to $21.9bn from $11.54bn; Operating revenues reach $39.7mn
Kuwaiti bourse data now available on Yahoo Finance and Apple Stocks
The Apple Stocks mobile application is pre-installed on Apple smartphones, tablets, and computers and sources its information from Yahoo Finance
Bahrain’s GFH successfully lists on Abu Dhabi Securities Exchange
Listing brings the number of dual listings on the Abu Dhabi Securities Exchange to four
Record IPO proceeds generated as Gulf bourses rally after pandemic
New research shows 21 IPOs in MENA region raising proceeds of $7.9bn in 2021
Video: MSCI delays Kuwait’s emerging market upgrade due to Covid-19 pandemic
The Covid-19 pandemic has significantly impacted stock markets around the world. Amongst them is one of the oldest indexes in the Middle East, the Kuwait Stock Exchange.
Family businesses in Kuwait should join stock market, minister says
More high-profile listings can be gained by ‘speeding up the privatisation program and public-partnership project implementation’, according to Minister of Commerce and Industry Khaled Al-Roudhan
Kuwait’s Capital Market Authority to start stake sale of bourse to local investors
Only Kuwaiti citizens will be eligible to buy the shares, with the offering price set at 100 fils per share, or one-tenth of a dinar
Shareholders approve plan to delist Ithmaar Holding from Boursa Kuwait
Bahrain-based investment company will continue to be listed on home bourse and Dubai Financial Market after Kuwait exit
Bahrain’s Ithmaar says planning to delist from Boursa Kuwait
Ithmaar Holding says it will remain listed on Bahrain Bourse and Dubai Financial Market after Kuwait exit
Boursa Kuwait chairman hails MSCI decision as ‘game changer’
Hamad Al-Humaidhi says reclassification is an ‘important milestone’ which will bolster the country’s standing on the global investment map
Kuwait exchange expects $2.8bn of inflows on MSCI upgrade
Mohammad Al-Osaimi said an IPO of the stock exchange could happen this year or the beginning of 2020, with two or three other IPOs expected in the next 12 months.
Gulf Bank shareholder aims to build $880m stake in lender
Alghanim Trading Co made arrangements with related parties to acquire a 9.2 percent stake off-market
Bad weather forces closure of Kuwaiti stock market, government ministries
Kuwait’s Minister of Public Works resigned on Friday following heavy damage to property and infrastructure
Boursa Kuwait ‘confident’ of MSCI upgrade, says CEO
CEO Khaled Abdulrazzaq Al Khaled says number of reforms have been implemented in Kuwait’s equities market
Opinion: Giving UAE SMEs the advice they need for a successful M&A transaction
UAE legal expert Nathan Banks, managing partner at Banks Legal, advises SMEs on critical stages of a successful M&A transaction
Kuwait’s JTC announces 2017 profit rise, plan for IPO
Jassim Transport & Stevedoring Co shareholders start process to list on Boursa Kuwait