Boursa Kuwait concludes its 16th Corporate Day in Dubai

09/12/2025 01:53 AST

Boursa Kuwait concluded its 16th Corporate Day on December 8, held in collaboration with Jefferies Financial Group, one of the world's leading financial and investment institutions, in Dubai, United Arab Emirates. Bringing together representatives from nine listed companies on the Kuwaiti market with a distinguished group of global firms and institutions, the event featured over 100 meetings with more than 35 potential investors, including representatives from investment banks, asset management companies, sovereign wealth funds, pension funds and other major financial and investment entities.

Participants included Boursa Kuwait, Kuwait Finance House, National Bank of Kuwait, Mobile Telecommunications Company Zain Group, Mabanee Company, Gulf Bank, Burgan Bank, Kuwait Real Estate Company and National Investments Company, representing approximately KD 31 billion of the KD 52.30 billion total market capitalization of the Kuwaiti capital market.

The event provided international investors with an opportunity to gain insights into the latest financial and strategic developments of these companies, monitor their financial performance, explore their business strategies and learn more about their environmental, social and governance (ESG) practices.

"Boursa Kuwait continues its efforts to enhance the international presence of the Kuwaiti capital market by highlighting promising its investment opportunities and organizing Corporate Days and roadshows in collaboration with some of the world's leading financial institutions. The exchange remains committed to fostering an efficient and transparent investment environment that meets the expectations of local and international investors, while supporting the sustainable growth of the national economy," said Boursa Kuwait's Head of Markets Sector Noura Al-Abdulkareem.

She added that this Corporate Day forms a part of Boursa Kuwait's ongoing efforts to strengthen engagement between Kuwaiti capital market issuers and international investors, reflecting the company's commitment to developing a stable, sustainable, and highly liquid market with a strong emphasis on transparency.

"These efforts align with the goals of the "New Kuwait" Vision and the national development plan, which aims to position Kuwait as a leading regional financial and investment hub," she stated.

During its meetings with prospective investors, Boursa Kuwait highlighted its key achievements and ongoing plans to further develop the Kuwaiti capital market, which included the launch of the second part of the third phase of the Market Development Program (MD 3.2), which featured the implementation of the Central Counterparty (CCP) system, completion of cash settlement through settlement banks and the Central Bank of Kuwait's "KASSIP" system, and the upgrade of brokerage firms' operating model to that of a "Qualified Broker."

In addition, the technical environment and IT infrastructure have been prepared to support the future listing and trading of Exchange-Traded Funds (ETFs) and fixed-income instruments such as sukuk and bonds. The company also presented its latest operational enhancements, including the extension of continuous trading hours until 1pm, improvements to the closing auction mechanism to allow for order modifications throughout the auction period and a reduction in the random closing interval from the final two minutes to the last 30 seconds of the trading session.

In addition, the exchange revised listing requirements for the "Main Market," lowering the minimum fair market value of shares not owned by the controlling shareholder group from KD 15 million to KD 5 million, while maintaining the requirement that free float shares represent no less than 20 percent of the company's capital.

"Boursa Kuwait continued to implement its market development plans in collaboration with its partners in the capital market apparatus, making significant progress in 2025 with the launch of the second part of the third phase of the Market Development Program, the extension of trading hours, enhancements to the closing auction mechanism and the easing of listing requirements for the "Main" Market. These initiatives have strengthened market efficiency, reinforced its appeal and enhanced its international competitiveness," added Al-Abdulkareem.

Boursa Kuwait also highlighted its recent financial performance, reporting a net profit of KD 23.05 million for the first nine months of the year, a significant increase of 59.81 percent. The company's operating revenue reached KD 37.06 million, reflecting a 41.45 percent rise, while operating profit grew by 58.16 percent to KD 28.36 million during the same period in 2025.In addition, the Kuwaiti capital market outperformed its GCC counterparts in terms of trading velocity (turnover ratio), exceeding 45 percent and continuing its upward trajectory.

Commenting on Boursa Kuwait's participation in the Corporate Day, Chief Financial Officer Naim Azaddin stated, "Corporate Days serve as an important platform to showcase our key achievements to the international investment community and update potential investors on Boursa Kuwait's financial and operational performance. The company continued to deliver outstanding results during the first nine months of 2025, seeing an increase in its net profit, operating profit and operating revenues. These figures reflect the strength of our performance and the efficiency of our financial and operational management, reaffirming the success of Boursa Kuwait's privatization journey and cementing its position as one of the region's standout financial success stories."

The participation of listed companies in Corporate Day events underscores their commitment to best practices in investor relations, enhancing transparency and affirming the strategic importance of investor engagement in driving growth and long-term sustainability. These events offer an interactive platform where investors gain direct access to detailed financial and non-financial information.

Through in-depth discussions, participants develop a clearer understanding of company performance, future growth drivers, and strategic direction, supporting more informed, high-quality investment decisions. Since its establishment, Boursa Kuwait has strived to build a reliable, transparent exchange, creating a dynamic and liquid capital market supported by an advanced trading platform.

The company has implemented a wide range of reforms and enhancements that have elevated its status to one of the region's leading exchanges. It has also played a central role in developing the Kuwaiti capital market to attract local and international investors through a diverse set of new products, services and infrastructure, as well as market reform initiatives as part of a phased development strategy.

Following its successful privatization in 2019 and self-listing in 2020, Boursa Kuwait has further strengthened its role as a leading regulatory and operational entity, standing out as one of the region's most notable institutional transformation success stories. The company has also intensified efforts to promote the Kuwaiti capital market across major global financial hubs through its series of international roadshows and Corporate Days, which highlight the strength and outlook of Kuwaiti listed companies and facilitate their access to institutional investors around the world.