Latest news with #GCCExchangesConference
Fintech News ME
01-08-2025
- Business
- Fintech News ME
Dubai Financial Market Reports AED 777.1 Million H1 2025 Profit, Up 298%
Dubai Financial Market (DFM) has announced its consolidated financial results for the six months ending 30 June 2025, reporting a net profit before tax of AED 777.1 million, a 298% increase compared to the same period in 2024. The DFM General Index rose by 10.6% during the first half of the year, while total market capitalisation increased by 9.7% year-on-year to AED 995 billion. These gains were supported by local market strength and global interest in resilient, growth-oriented markets. Helal Saeed Al Marri, Chairman of DFM, said: 'DFM delivered a positive performance in the first half of 2025, underpinned by growing market depth and investor engagement. The rise in the DFM General Index, alongside sustained participation from institutional and foreign investors, is set against the backdrop of a dynamic Dubai economy, where record real estate activity, growing hedge fund presence, and increased capital flows have reinforced the emirate's status as a global financial hub.' DFM's consolidated revenue rose 191% to AED 888.9 million, driven by higher operating income, solid investment returns, and one-off income from the sale of an investment property. Operating expenses, excluding tax, were AED 111.8 million, slightly up from AED 110.3 million in the first half of 2024, reflecting ongoing investments in infrastructure and technology. In the second quarter alone, total revenue stood at AED 702.5 million, compared to AED 157.6 million in Q2 2024. Net profit before tax was AED 642.2 million, up from AED 99.8 million a year earlier. Trading activity also increased. The average daily traded value rose 75% year-on-year to AED 692 million, contributing to a total traded value of AED 85 billion in the first half, compared to AED 48 billion in the same period last year. The average number of daily trades rose 37% to approximately 13,900. DFM registered 53,655 new investors in the first half of the year, of which 84% were foreign investors, bringing the total investor base to over 1.2 million. Institutional trading accounted for 71% of total activity, while foreign investors contributed 53% of trading and held 20% of market capitalisation. In June, DFM took part in HSBC's GCC Exchanges Conference in London, which brought together over 300 institutional investors, more than 100 corporates, and all GCC exchanges. Discussions centred on the increasing global interest in the region, including a 33% year-on-year increase in GCC IPO activity during the first quarter of 2025. During the first half of the year, DFM also hosted the initial public offering of Dubai Residential REIT (DUBAIRESI), the first and largest listed residential leasing-focused REIT in the GCC. The offering raised AED 2.145 billion and was significantly oversubscribed, with demand exceeding AED 56 billion. The REIT debuted with a market capitalisation of AED 14.3 billion. DFM also held the third MENA Capital Market Summit in May, which attracted over 1,500 attendees and more than 100 speakers. During the event, DFM launched two AI features in its iVestor app: Smart Disclosures and Financial Summary, aimed at improving access to company data and key financial information. The exchange also continued to enhance its Arena platform, which is designed to broaden capital access and diversify investment opportunities. Dubai's market capitalisation reached AED 995 billion at the end of June, with financials accounting for 40%, real estate 20%, utilities 17%, industrials 12%, communication services 5%, and consumer staples and other sectors making up the remainder.
Kuwait Times
18-06-2025
- Business
- Kuwait Times
Investment opportunities at core of Boursa Kuwait's participation in HSBC's GCC Exchanges Conference
Bourse organizes 15th Corporate Day with 8 companies listed on 'Premier' Market taking part LONDON: As part of its ongoing efforts to enhance its international presence and showcase the compelling investment opportunities within the Kuwaiti capital market, Boursa Kuwait concluded its participation in the fourth GCC Exchanges Conference, organized by multinational British investment bank HSBC, held in London from 16–17 June, 2025 and coinciding with the bourse's 15th Corporate Day. The Corporate Day saw the participation of eight companies listed on the 'Premier' Market, including Boursa Kuwait, Kuwait Finance House, National Bank of Kuwait, Mobile Telecommunications Company (Zain), Warba Bank, Burgan Bank, Jazeera Airways and Kuwait Real Estate Company, and attracted a strong turnout from representatives of world-renowned investment institutions, including investment banks, asset management firms, sovereign wealth funds and international pension funds. Over 100 meetings were held throughout the Corporate Day, offering institutional investors in-depth insights into the financial performance, strategic plans and operational outlooks of the participating Kuwaiti companies. 'Boursa Kuwait's participation in international investment conferences, corporate days, and roadshows underscores its pivotal role in positioning the Kuwaiti capital market as a compelling destination on the global investment landscape. These platforms are instrumental in showcasing the market's competitive strengths and reinforcing its reputation as a transparent, efficient and regionally significant financial hub. They also provide valuable opportunities to exchange knowledge, share expertise, and adopt global best practices — bolstering investor confidence and advancing our vision of a sustainable market that aligns with evolving global economic trends,' said Boursa Kuwait's Head of Markets, Noura Al-Abdulkareem. Naim Azad Din Noura Al-Abdulkareem Boursa Kuwait presented a comprehensive overview to institutional shareholders and potential investors, highlighting its key financial results for the first quarter, operational performance through May and key takeaways from its latest sustainability report. The company also outlined its announced plans, including the upcoming launch of the Central Counterparty (CCP) system, exchange-traded funds (ETFs) and a dedicated fixed-income trading platform that includes bonds and sukuk. Commenting on the company's meetings with prospective investors and shareholders, Boursa Kuwait's Chief Financial Officer Naim Azad Din said, 'Boursa Kuwait's consistent efforts to enhance transparency and maintain direct and meaningful engagement with prospective shareholders and investors are aligned with the highest international standards adopted by leading exchanges across the globe. We are committed to presenting our financial and operational performance with clarity and accuracy while providing effective channels for dialogue that allow shareholders and investment institutions to stay informed on the latest developments and plans of Boursa Kuwait and the broader Kuwaiti capital market.' 'Key initiatives such as the launch of the Central Counterparty (CCP) system and the fixed-income trading platform reflect the capital market apparatus's commitment to broadening the range of financial products and improving investor experience — ultimately strengthening shareholder confidence, supporting the market's sustainable growth and maintaining its regional and international competitiveness,' he added. The GCC Exchanges Conference is taking place in London for the fourth consecutive year, bringing together representatives from all seven Gulf Cooperation Council stock exchanges. As one of the region's most prominent and influential financial forums, the conference provides a unique opportunity to deepen engagement with international investors and serves as a strategic platform for collaboration and knowledge sharing. Head of Wholesale Banking for HSBC Kuwait, Ahmed AlMurad, welcomed Boursa Kuwait's participation in the conference, saying: 'Boursa Kuwait plays a pivotal role in developing Kuwait's capital market, driving economic diversification in line with the country's ambitious vision for economic transformation. As the largest international bank in the country with a longstanding history, HSBC is proud of the strong working relationship with Boursa Kuwait and will continue its role in connecting global investors with the investment opportunities in the country.' Boursa Kuwait and HSBC share a longstanding partnership, having collaborated on numerous Corporate Days and Roadshows across major global financial centers as part of a broader strategy to attract foreign capital and institutional investors to the Kuwaiti capital market. Boursa Kuwait has been a key driver in the development of the Kuwaiti capital market and the diversification of the national economy, in line with the goals of the 'New Kuwait' vision. Since its inception, the company has worked diligently to create a thriving capital market that attracts local and foreign investors through a broad spectrum of new products and services, infrastructure upgrades, and market reform initiatives, as part of its multi-phase market development (MD) plans. Boursa Kuwait was fully privatized in 2019, the first government entity in the country to successfully undergo the process, bringing about greater levels of efficiency. It has also been self-listed since September 2020 and has made great strides in sustaining its operations and business continuity in the face of uncertainties and challenges. The company has rolled out numerous market reforms and new initiatives as part of its comprehensive multi-phase market development (MD) plans and showcases some of the standout listed companies and the investment opportunities that reside in the Kuwaiti capital market through its series of Roadshows and Corporate Days, putting these companies in touch with some of the world's leading investment firms and financial institutions and highlighting their financial health and business strategies and outlooks, to help investors gain an in-depth understanding of the benefits and opportunities of investing in Kuwaiti companies.
Al Bawaba
17-06-2025
- Business
- Al Bawaba
Investment opportunities at the core of Boursa Kuwait's participation in HSBC's fourth GCC Exchanges Conference in London
As part of its ongoing efforts to enhance its international presence and showcase the compelling investment opportunities within the Kuwaiti capital market, Boursa Kuwait concluded its participation in the fourth GCC Exchanges Conference, organized by multinational British investment bank HSBC, held in London from 16–17 June 2025 and coinciding with the bourse's 15th Corporate Corporate Day saw the participation of eight companies listed on the 'Premier' Market, including Boursa Kuwait, Kuwait Finance House, National Bank of Kuwait, Mobile Telecommunications Company (Zain), Warba Bank, Burgan Bank, Jazeera Airways and Kuwait Real Estate Company, and attracted a strong turnout from representatives of world-renowned investment institutions, including investment banks, asset management firms, sovereign wealth funds and international pension funds. Over 100 meetings were held throughout the Corporate Day, offering institutional investors in-depth insights into the financial performance, strategic plans and operational outlooks of the participating Kuwaiti companies.'Boursa Kuwait's participation in international investment conferences, corporate days, and roadshows underscores its pivotal role in positioning the Kuwaiti capital market as a compelling destination on the global investment landscape. These platforms are instrumental in showcasing the market's competitive strengths and reinforcing its reputation as a transparent, efficient, and regionally significant financial hub. They also provide valuable opportunities to exchange knowledge, share expertise, and adopt global best practices—bolstering investor confidence and advancing our vision of a sustainable market that aligns with evolving global economic trends,' said Boursa Kuwait's Head of Markets, Noura Kuwait presented a comprehensive overview to institutional shareholders and potential investors, highlighting its key financial results for the first quarter, operational performance through May and key takeaways from its latest sustainability report. The company also outlined its announced plans, including the upcoming launch of the Central Counterparty (CCP) system, exchange-traded funds (ETFs) and a dedicated fixed-income trading platform that includes bonds and on the company's meetings with prospective investors and shareholders, Boursa Kuwait's Chief Financial Officer Mr. Naim Azad Din said, 'Boursa Kuwait's consistent efforts to enhance transparency and maintain direct and meaningful engagement with prospective shareholders and investors are aligned with the highest international standards adopted by leading exchanges across the globe. We are committed to presenting our financial and operational performance with clarity and accuracy while providing effective channels for dialogue that allow shareholders and investment institutions to stay informed on the latest developments and plans of Boursa Kuwait and the broader Kuwaiti capital market.''Key initiatives such as the launch of the Central Counterparty (CCP) system and the fixed-income trading platform reflect the capital market apparatus's commitment to broadening the range of financial products and improving investor experience—ultimately strengthening shareholder confidence, supporting the market's sustainable growth and maintaining its regional and international competitiveness,' he GCC Exchanges Conference is taking place in London for the fourth consecutive year, bringing together representatives from all seven Gulf Cooperation Council stock exchanges. As one of the region's most prominent and influential financial forums, the conference provides a unique opportunity to deepen engagement with international investors and serves as a strategic platform for collaboration and knowledge of Wholesale Banking for HSBC Kuwait, Mr. Ahmed AlMurad, welcomed Boursa Kuwait's participation in the conference, saying: "Boursa Kuwait plays a pivotal role in developing Kuwait's capital market, driving economic diversification in line with the country's ambitious vision for economic transformation. As the largest international bank in the country with a longstanding history, HSBC is proud of the strong working relationship with Boursa Kuwait and will continue its role in connecting global investors with the investment opportunities in the country."Boursa Kuwait and HSBC share a longstanding partnership, having collaborated on numerous Corporate Days and Roadshows across major global financial centers as part of a broader strategy to attract foreign capital and institutional investors to the Kuwaiti capital Kuwait has been a key driver in the development of the Kuwaiti capital market and the diversification of the national economy, in line with the goals of the 'New Kuwait' vision. Since its inception, the company has worked diligently to create a thriving capital market that attracts local and foreign investors through a broad spectrum of new products and services, infrastructure upgrades, and market reform initiatives, as part of its multi-phase market development (MD) Kuwait was fully privatized in 2019, the first government entity in the country to successfully undergo the process, bringing about greater levels of efficiency. It has also been self-listed since September 2020 and has made great strides in sustaining its operations and business continuity in the face of uncertainties and challenges. The company has rolled out numerous market reforms and new initiatives as part of its comprehensive multi-phase market development (MD) plans and showcases some of the standout listed companies and the investment opportunities that reside in the Kuwaiti capital market through its series of Roadshows and Corporate Days, putting these companies in touch with some of the world's leading investment firms and financial institutions and highlighting their financial health and business strategies and outlooks, to help investors gain an in-depth understanding of the benefits and opportunities of investing in Kuwaiti companies.
