Capital Markets
From The Report: Kuwait 2017
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After a year characterised by low trading volumes and a horizontal main index, the Kuwait Stock Exchange (KSE) opened 2017 as the fastest-growing market in the world. A number of factors combine to make the KSE a destination of interest for investors in 2017, chief among them being new management, which has begun to implement an ambitious reform programme. With the ultimate goal of securing an upgrade for the nation’s bourse from frontier- to emerging-market status, regulatory reform is set to dominate the agenda over 2017 and 2018. This timely overhaul of the exchange’s rules and processes will tackle the KSE’s twin challenges of low liquidity and scant foreign interest head-on.

This chapter contains an interview with Khaled Abdulrazzaq Al Khaled, Vice-Chairman and CEO, Boursa Kuwait.

Articles from this Chapter

Overview

Full steam ahead: New management and reforms mean a revitalised market
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After a year characterised by low trading volumes and a horizontal main index, the Kuwait Stock Exchange (KSE) opened 2017 as the fastest-growing market in the world. A number of reasons combine to make the KSE a destination of interest for investors in 2017, chief among them being new management, which has begun to implement an ambitious reform programme. With the ultimate goal of securing an upgrade for the nation’s bourse from frontier- to emerging-market status, regulatory reform is…

Interview

Assuring stability: Khaled Abdulrazzaq Al Khaled, Vice-Chairman and CEO, Boursa Kuwait, on external monitoring and internal initiatives
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Interview: Khaled Abdulrazzaq Al Khaled How is Boursa Kuwait safeguarding the stability of the local exchange against disruptive global trends? KHALED ABDULRAZZAQ AL KHALED: Boursa Kuwait is very aware of many of the disruptive effects of the global market since it has much in common with other markets. The Capital Markets Authority (CMA) created Boursa Kuwait to manage and operate the exchange in line with international standards and best practices by adopting new techniques and approaches, introducing…

Analysis

Crystal clear: The bourse’s reform programme is based on transparency
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In 2016 Boursa Kuwait, the new operator of the Kuwait Stock Exchange (KSE), set about implementing its long list of regulatory improvements that will align the country’s stock market with the most advanced in the region. This process is continuing in 2017, with every month seeing announcements regarding new products and services aimed at improving the regulatory framework, boosting liquidity and attracting foreign investment. Given the scale and speed of reform, the mechanism by which…