Capital Markets
From The Report: Kuwait 2018
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The Kuwait stock market is undergoing a series of changes, which have the potential to trigger transformations in the market’s daily operations and long-term prospects. This commenced in 2016, with private operator Boursa Kuwait taking over operations of the publicly owned bourse, then known as the Kuwait Stock Exchange. In mid-February 2018 the Capital Markets Authority (CMA) announced it had expanded the team of companies overseeing the exchange’s privatisation, and in April the CMA launched a bidding process for an equity stake in Boursa Kuwait capital stocks of between 26% and 44%, with the initial public offering of the stake set to be launched in early 2019. The offering is expected to enable the implementation of further upgrades and reforms in the future, including new trading and settlement systems and, eventually, the launch of derivatives. This chapter contains an interview with Khaled Abdulrazzaq Al Khaled, CEO, Boursa Kuwait.

Articles from this Chapter

Overview

Reforms under way: The bourse is attracting attention with an array of upgrades
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The Kuwait stock market is undergoing a series of upgrades and changes, which taken together have the potential to trigger a transformation in the market’s daily operations and long-term prospects. These changes began in 2016, with private operator Boursa Kuwait taking over operations of the publicly owned bourse, then known as the Kuwait Stock Exchange (KSE). In mid-February 2018 the Capital Markets Authority (CMA) – established in 2010 to regulate and supervise all activities related to securities…

Interview

Elevating the exchange: Khaled Abdulrazzaq Al Khaled, CEO, Boursa Kuwait, on market segmentation and increased investor interest
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Interview :Khaled Abdulrazzaq Al Khaled How is Boursa Kuwait encouraging more listings? KHALED ABDULRAZZAQ AL KHALED: Before Boursa Kuwait was privatised, the listing rules were rather complicated, which undoubtedly influenced whether companies went public. However, the progress in the first three quarters of 2018 has been exceptional. In September 2018 Boursa Kuwait was included in the emerging markets list of the FTSE Russell Emerging Markets Index, which is set to trigger significant growth…