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Kuwait's CMA launches regulatory framework for emerging companies on KSE
Kuwait's CMA launches regulatory framework for emerging companies on KSE

Zawya

time02-07-2025

  • Business
  • Zawya

Kuwait's CMA launches regulatory framework for emerging companies on KSE

KUWAIT CITY - Kuwait's Capital Markets Authority (CMA) has officially launched a new regulatory environment to support the listing and trading of emerging companies on the Kuwait Stock Exchange (KSE), in cooperation with Boursa Kuwait. The initiative includes the creation of a dedicated platform for these companies, alongside key amendments to existing listing rules. In a statement released on Tuesday, the CMA confirmed that the move is part of broader efforts to adopt international best practices, promote capital market development, diversify investment tools, and enhance both market competitiveness and transparency — all aimed at bolstering investor protection. The approved amendments focus on strengthening listing standards by requiring companies to maintain certain conditions, including minimum thresholds for free float shares and their market value. These measures are designed to improve liquidity and ensure sustained compliance with regulatory obligations. The Authority emphasized that supporting emerging companies is crucial to driving economic growth and aligns with Kuwait's broader strategic vision. The newly launched market will offer an attractive financing environment for smaller and growing enterprises while providing investors with fresh opportunities governed by high transparency standards. The regulatory framework is the result of a comprehensive study conducted by the CMA, which formed the basis for drafting specific rules to govern the emerging companies market. The platform is intended to serve as both a support system for these businesses and a dynamic investment space in line with global benchmarks. The CMA also underscored the importance of continuously evolving the rules that govern listing conditions. This includes safeguarding investor interests by removing companies that fail to meet their obligations and ensuring adequate liquidity by enforcing minimum requirements for free float shares in both the primary and secondary market segments. Additionally, the Authority reaffirmed its commitment to enhancing executive regulations that protect investors and empower small shareholders to actively participate in corporate decision-making processes. This latest move is seen as a significant step toward further modernizing Kuwait's financial sector and creating a more inclusive and diversified capital market landscape. Arab Times | © Copyright 2024, All Rights Reserved Provided by SyndiGate Media Inc. (

Modern Urban Living Comes to Casablanca with ALARGAN's New Development
Modern Urban Living Comes to Casablanca with ALARGAN's New Development

Morocco World

time20-06-2025

  • Business
  • Morocco World

Modern Urban Living Comes to Casablanca with ALARGAN's New Development

Rabat – With Bernard Khoury's visionary touch and ALARGAN's proven development expertise, the vibrant city of Casablanca is set to witness the birth of a new benchmark for urban living. ALARGAN was founded in 1994 and has grown from a family business into a mature real estate developer active across the Middle East and North Africa. Today, ALARGAN is listed on the Kuwait Stock Exchange (since 2007) and has delivered projects in Kuwait, Oman, Bahrain, and Morocco. It brings together architectural design, construction, property management, project management, and sales and marketing under one roof, ensuring that every development meets high standards from start to finish. Over time, the company has also branched out into hospitality, health and fitness, education, and healthcare. This spirit of steady growth and innovation is captured in ALARGAN's motto, 'La vie… comme vous l'aimez !' ('Life… the way you love it!'), which guides the creation of spaces where living, working, and having fun blend seamlessly. Behind many of ALARGAN's most forward-thinking projects stands architect Bernard Khoury's decades of experience and reputation for world-class, innovative design. Khoury brings a clear vision to each building he touches. His work's focus goes beyond how a structure looks, and also includes how it fits into its neighborhood, how people move through it, and how it will adapt over time. When you see a Bernard Khoury design, you sense that every angle, every material choice, and every open space was chosen to spark curiosity and enhance daily life. A new urban destination in Casablanca The new mixed-use development in Casablanca is a perfect example of ALARGAN's commitment to creating places where people truly want to be. This project offers fully furnished studios designed for professionals to combine comfort and style. They are a prime business opportunity in Casablanca, with the first phase slated for delivery in July 2025. As Morocco prepares to host major events, like the Africa Cup of Nations (AFCON) later this year and the World Cup in 2030, these studios promise strong rental demand and solid investment potential. In addition, urban living apartments cater to those who wish to settle down or work remotely, as they provide flexible layouts, modern finishes, and plenty of natural light. Entrepreneurs and small businesses will also find rental offices outfitted with all essentials, ready for move-in from day one. Inside the development, residents and tenants will find the very first Mama Shelter in Africa, a hotel brand known for its warm, friendly vibe and vibrant public spaces. For those looking for fitness and relaxation, there's a state-of-the-art gym and the longest rooftop pool in Casablanca offering sweeping city views. A location that has it all Studio residents even have access to two private swimming pools, so they can swim, unwind, or host small gatherings without leaving home. A separate ground-level pool adds to the leisure options. Safety and convenience come together thanks to 24-hour security and a selection of shops and restaurants opening right inside the building. Imagine grabbing a coffee on your way to the office, meeting a friend for lunch just downstairs, or winding down with a healthy meal before heading home. Location is everything, and this development shines in that regard. It sits within easy reach of the fashionable Maarif district, where boutiques and cafés line the streets. It's also just minutes from the main stadium, soon to host big games, concerts, and shows, so you're always close to the action. If you prefer the sea breeze, the beachfront promenade is only a five-minute drive away, perfect for evening walks or weekend runs. ALARGAN's approach has always been about combining high-quality design with lasting value. The company was the first in Kuwait to earn LEED certification from the U.S. Green Building Council, which reflects its commitment to sustainable, energy-efficient design. By choosing moderate investment strategies, ALARGAN looks for opportunities that deliver steady, reliable returns through different market cycles. This project in Casablanca builds on that track record: it's crafted to meet global sustainability standards while offering an attractive mix of living, working, and leisure spaces. To support the success of this ambitious project, ALARGAN has entrusted the commercial aspect to Chestertons , a global real estate leader known for its strong market insight and international reach. Tags: CasablancaSaray casablancaurban living

Gulf stock markets tumble amid Israel-Iran escalation
Gulf stock markets tumble amid Israel-Iran escalation

Saudi Gazette

time15-06-2025

  • Business
  • Saudi Gazette

Gulf stock markets tumble amid Israel-Iran escalation

Saudi Gazette report RIYADH — Financial markets across the Arabian Gulf and Egypt plunged sharply on Sunday, as escalating military tensions between Israel and Iran triggered widespread selloffs and heightened volatility across the region's stock exchanges. The downturn followed a weekend of intensified hostilities, with both sides exchanging airstrikes since Friday, rattling investor confidence and driving oil prices up nearly 7% by the close of trading on Friday. In Saudi Arabia, the Tadawul All Share Index (TASI) opened down by around 3%, before recovering slightly to close 1.81% lower at 10,647 points. Trading volumes exceeded SR2 billion. Despite the overall market drop, shares in Saudi Aramco rose 1.76%, buoyed by the oil price surge, peaking at SR25.50 on a trading value of more than SR357 million. The Kuwait Stock Exchange experienced the steepest losses, initially falling by 5%, which triggered a temporary trading ended the session down 3.9% at 8,507 points, shedding 348 points. Total trading exceeded 446 million shares, valued at KWD 127.7 stock market suffered one of its worst single-day losses in recent benchmark EGX 30 index fell 6.26% to 30,475 points, while market capitalization lost more than EGP 120 billion within the first 15 minutes of trading, as a wave of panic selling swept the Qatar Stock Exchange index also dropped 2.8% to 10,334 points, and the Muscat Securities Market slid 1.8% to 4,461 points. The Bahrain Bourse recorded a milder decline of 0.7%.

Stock Kuwait Exchange Closes Higher
Stock Kuwait Exchange Closes Higher

Saba Yemen

time28-05-2025

  • Business
  • Saba Yemen

Stock Kuwait Exchange Closes Higher

Kuwait - (Saba): The Kuwait Stock Exchange closed trading on Wednesday with its general index rising 49.32 points, or 0.61 percent, to reach 8,119.3 points. During the session, 301.5 million shares were traded through 19,203 cash transactions, valued at KWD 90.2 million (approximately $276.9 million). The main market index rose 0.53 points, or 0.01 percent, to reach 6,966.32 points, through 147.8 million shares traded through 8,800 cash transactions, valued at KWD 21.3 million (approximately $65.3 million). The Premier Market Index also rose 63.9 points, or 0.73 percent, to reach 8,808.1 points, with 153.7 million shares traded in 10,403 transactions, valued at KWD 68.9 million (approximately $211.5 million). Conversely, the Main 50 Index fell 48.61 points, or 0.67 percent, to reach 7,251.35 points, with 106.5 million shares traded in 5,869 cash transactions, valued at KWD 16.8 million (approximately $51.5 million). Whatsapp Telegram Email Print more of (International)

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