Latest news with #MohammadSaudAl-Osaimi
Kuwait Times
14-05-2025
- Business
- Kuwait Times
Boursa Kuwait, KCC promote Kuwaiti capital market to London's leading asset managers
Roadshow held in collaboration with Jefferies Financial Group in London from May 12-13 KUWAIT: As part of their ongoing efforts to support the development of the Kuwaiti capital market and elevate its position within the international investment community, Boursa Kuwait and Kuwait Clearing Company (KCC) organized a roadshow in London from May 12 to 13, 2025 in collaboration with Jefferies Financial Group, a world-renowned global investment banking and capital markets institution. The roadshow provided Boursa Kuwait and KCC with a unique opportunity to conduct focused one-on-one meetings with ten leading global investment management firms and advisory institutions. The delegation was led by Mohammad Saud Al-Osaimi, Chief Executive Officer of Boursa Kuwait, and Duaij R Al-Saleh, Chief Executive Officer of Kuwait Clearing Company, who were joined by senior executives, including Boursa Kuwait Head of Markets Sector Noura Al-Abdulkareem and Abdulkarim A Al-Yaqout, the Director of Strategy and Product Development at KCC. During the roadshow, representatives highlighted recent developments in the Kuwaiti capital market, promoting its growing range of investment opportunities and presenting updates on key infrastructure and service enhancements, to global investors from several world-renowned financial institutions, including progress on the forthcoming Central Counterparty (CCP) framework, which is set to launch alongside exchange-traded funds (ETFs) as well as a platform for fixed-income instruments including bonds and sukuk. The roadshow also served as a valuable forum for direct engagement with some of the world's leading financial institutions, enabling the delegation to exchange views, gather investor feedback on their experience in Kuwait and gain a deeper understanding of their expectations and requirements. 'Boursa Kuwait remains focused on strengthening its ties with the global investment community, showcasing the progress of the Kuwaiti capital market and its growing range of opportunities to global capital. Over the past few years, the company has worked to build an integrated investment ecosystem with a solid market infrastructure, introduce investor-centric services and financial products tailored to international standards, while streamlining foreign investor onboarding to ensure a seamless and secure experience. This roadshow serves as a vital platform to promote the Kuwaiti capital market and foster deeper engagement with leading financial institutions, in line with Boursa Kuwait's efforts to position Kuwait as a prominent investment destination in the region,' said Mohammad Saud Al-Osaimi, the Chief Executive Officer of Boursa Kuwait. In collaboration with its partners in the Kuwaiti capital market apparatus, Boursa Kuwait is working on the launch of the Central Counterparty (CCP) framework, a foundational step in strengthening market infrastructure. Designed to enhance the efficiency, transparency and security of post-trade processes, the CCP serves as the counterparty to all transactions, ensuring safe and orderly settlements between buyers and sellers and will play a vital role in mitigating counterparty risk and aligning Kuwait's market operations with global standards in clearing and settlement. Kuwait Clearing Company CEO Duaij R Al-Saleh Commenting on the roadshow, KCC CEO Duaij R Al-Saleh said, 'Our participation in this roadshow alongside Boursa Kuwait reflects our shared commitment to advancing the Kuwaiti capital market, elevating its stature in the region and the world and strengthening engagement with international investors. It provided a valuable platform to engage with world-renowned financial institutions to highlight our clearing and settlement infrastructure and share updates on strategic initiatives, such as the CCP framework, which will enhance post-trade efficiency, reduce counterparty riskand serve as the foundation for more advanced financial instruments and services.' As part of its ongoing efforts to strengthen market infrastructure and enhance the appeal of the capital market to foreign investors, the Kuwaiti capital market apparatus has introduced a series of enhancements and regulatory reforms to its clearing and settlement systems over the past few years, aligning them with the standards and expectations of leading global financial institutions. These enhancements include the acceleration of trading account openings for foreign clients, which are now completed within a single business day. Similarly, the process for transferring accounts between custodians has been redesigned to match this timeframe, improving operational efficiency and execution speed, while the introduction of partial settlement rejection has given foreign investors greater flexibility in managing their investment obligations. In addition, the omnibus account mechanism was introduced to further streamline order execution and reduce transaction volume, allowing institutional and foreign investors to execute trades through a single consolidated account, with shares allocated to individual beneficiaries immediately after settlement. Furthermore, a fully automated and upgraded version of the electronic general assembly meeting (eAGM) system has been launched. This system, which is mandatory for all listed companies, enables investors to participate and vote through multiple convenient digital channels. Other key developments include an enhanced mechanism for foreign investor participation in initial public offerings (IPOs), aimed at boosting cross-border investment, as well as the introduction of a Securities Lending and Borrowing (SLB) framework which broadens the range of financial instruments available in the market and offers investors increased flexibility and strategic options. Boursa Kuwait and the KCC play a pivotal role in the development of the Kuwaiti capital market and the diversification of the national economy and have remained steadfast in their dedication to establishing a transparent, efficient and advanced exchange platform, which has led to the creation of a liquid capital market. Boursa Kuwait and the KCC's unwavering commitment to promoting the Kuwaiti capital market and its participants through a series of roadshows and corporate days has also helped provide prospective institutional investors worldwide with profound insights into the market's opportunities. Since Boursa Kuwait took over operations of the Kuwaiti stock exchange, the Kuwaiti capital market has undergone an unprecedented development, thanks to the diligent efforts of the capital market apparatus. Their focus on empowering participants and raising standards has resulted in several key initiatives, including the diversification of products and services, establishing an appealing investment platform, expanding the issuer base, and adapting rules and regulations to meet market demands. The apparatus has also significantly enhanced the market's infrastructure and fostered an attractive investment environment, which resulted in the Kuwaiti capital market's reclassification to an Emerging Market by three prominent global index providers, and solidified Kuwait's position as a leading financial center in the region.
Arabian Business
05-05-2025
- Business
- Arabian Business
Boursa Kuwait net profit soars 69.5% as trade increases significantly
Boursa Kuwait, the operator of the Kuwait Stock Exchange, said its net profit increased 69.48 per cent in the first quarter of 2025, reaching KD7.94 million (US$25.9 million). For the quarter ended 31 March, total operating revenues reached KD12.17 million (US$39.7 million) – a 45.34 per cent increase from KD8.37 million (US$27.3 million) in the same period in 2024. Operating profit was up 69.38 per cent from KD5.58 million (US$18.2 million) to KD9.45 million (US$30.8 million), while earnings per share increased 69.48 per cent from 23.33 fils to 39.54 fils. The group's total assets rose to KD139.47 million (US$454.8 million), an increase of 12.86 per cent compared to the corresponding quarter last year. Bader Nasser Al-Kharafi, Chairman, Boursa Kuwait, praised his team for the result and commented: 'Despite the prevailing global uncertainty and geopolitical tensions, Boursa Kuwait achieved notable growth across all performance indicators. Net profit increased by 69.48%, demonstrating the resilience of our strategy and the adaptability of our operating model. 'The strong performance in the first quarter represents a key milestone for Boursa Kuwait, fueling our commitment to accelerate market development and solidify our position as a vital engine for national economic growth and a pivotal contributor to Kuwait's vision of transforming into a leading regional financial and investment hub.' Value traded at the Kuwaiti capital market jumped significantly by 89.6 per cent in Q1 2025, to KD6.72 billion (US$21.9 billion) from KD3.54 billion (US$11.54 billion) in Q1 2024. Volume of shares traded rose by 69.07 per cent to 24.29 billion and the average daily traded value increased by 106.53 per cent to KD119.91 million (US$391 million). Market capitalisation reached KD47.79 billion (US$155.84 billion), a 10.85 per cent increase from Q1 2024. The 'Premier' Market was a key driver of market activity, with approximately 9.28 billion shares traded in the first quarter of 2025, an increase of 20.91 per cent. The 'Main' Market played a significant role in enhancing overall market liquidity, with its market capitalisation rising 17.69 per cent from KD7.10 billion (US$23.15 billion) to KD8.35 billion (US$27.23 billion). Mohammad Saud Al-Osaimi, Chief Executive Officer of Boursa Kuwait, commented: 'The Kuwaiti capital market continued to enhance its attractiveness as an investment environment during the first quarter of 2025, propelled by significant increases in trading activity and liquidity. 'This performance signals growing confidence in Kuwait's investment landscape and reflects Boursa Kuwait's ongoing commitment to boosting market efficiency and expanding the investor pool. 'We are committed to building on these achievements to drive sustainable growth and positively contribute to Kuwait's national economy.'
Al Bawaba
15-04-2025
- Business
- Al Bawaba
Boursa Kuwait and Kuwait Clearing Company strengthen the Kuwaiti capital market's presence in Asia
As part of their efforts to enhance the Kuwaiti capital market's stature within the global investment community, Boursa Kuwait and the Kuwait Clearing Company organized a virtual roadshow for Asian investors on Monday, April 14, 2025, in collaboration with HSBC, one of the largest banks in Europe. The roadshow, the first of its kind in the Asian continent, provided Boursa Kuwait and Kuwait Clearing Company (KCC) with a unique opportunity to engage with some of the largest and most prominent asset managers in Asia. The two companies met with 13 investment companies, including banks, asset management firms and sovereign wealth funds, shedding light on Boursa Kuwait's journey since its privatization, its subsequent listing on the 'Premier' Market, and its instrumental role in the reclassification of Kuwait's capital market to 'Emerging Market' status by leading global index providers. The discussions also covered the latest developments in the Kuwaiti capital market, as well as key investment opportunities, products, and services tailored for institutional investors. The participating Asian investors praised the strong reputation and prominent standing of the Kuwaiti capital market within the region, citing its operational efficiency and firm commitment to international standards. They also commended the market's high level of transparency, emphasizing the diligence of regulators and market participants in providing accurate, timely information—an approach that reinforces investor confidence and reflects the market's dedication to a well-regulated and transparent investment environment. The investors further expressed a clear interest in expanding their exposure to the Kuwaiti market and exploring deeper avenues of collaboration. Representing Boursa Kuwait during the roadshow were Chief Executive Officer Mr. Mohammad Saud Al-Osaimi and Head of Markets Sector Noura Al-Abdulkareem, who were joined by KCC CEO Mr. Duaij Raed Al-Saleh. 'Capital markets in the region are witnessing growing interest from institutional investors across Asia, and the Kuwaiti capital market is central to this expanding trend. Boursa Kuwait remains committed to fostering strong, long-term partnerships with the Asian investment community by enhancing engagement, strengthening communication channels and keeping investors informed about the latest developments in the Kuwaiti capital market,' said Boursa Kuwait's Chief Executive Officer Mr. Mohammad Saud Al-Osaimi. He added, 'Through our participation, we also aim to showcase the diverse investment opportunities, products and services tailored to meet the evolving needs of institutional investors. This initiative is part of a broader strategic plan to enhance the appeal of the Kuwaiti capital market, expand the range of financial instruments and deepen market liquidity—ultimately opening new avenues for both local and international investors and underscoring the strength, resilience and forward-looking vision of Kuwait's capital market.' Boursa Kuwait is currently working with its partners in the capital market apparatus to launch the central counterparty (CCP) system as a foundation for introducing new financial instruments, including exchange-traded funds and a fixed-income platform with bonds and sukuk, which are set to be rolled out in the next few months. The bourse is also preparing to implement the fourth phase of its comprehensive market development (MD) plan, which will include the introduction of financial derivatives. Commenting on his company's participation in the roadshow, Kuwait Clearing Company CEO Mr. Duaij Raed Al-Saleh said, 'Kuwait Clearing Company continues to play a vital role in fostering a capital market built on security, transparency and investor protection. This constructive dialogue with a distinguished group of Asian investors allowed us to highlight how our market infrastructure and post-trade services are evolving to meet the growing needs of international investment institutions.' Over the past few years, the Kuwaiti capital market apparatus has implemented a series of enhancements and structural reforms, particularly within the clearing and settlement framework, to better meet the needs of international investors. These improvements include accelerating the opening of trading accounts for foreign clients, streamlining the transfer process between custodians and introducing the concept of partial settlement rejection, giving foreign investors greater flexibility in managing their obligations. The introduction of omnibus accounts has further optimized order flow and reduced transaction volume by enabling institutional and foreign funds to execute trades through a single consolidated account, with post-trade allocation to beneficiaries completed seamlessly upon execution. In addition, an updated, fully automated version of the electronic general assembly meeting (eAGM) system, which is mandatory for listed companies, has been launched, allowing investors to participate and vote through multiple, user-friendly channels. Other key developments include an enhanced mechanism for foreign investor participation in initial public offerings (IPOs), aimed at boosting cross-border investment, as well as the introduction of a Securities Lending and Borrowing (SLB) framework which broadens the range of financial instruments available in the market and offers investors increased flexibility and strategic Kuwait and the KCC play a pivotal role in the development of the Kuwaiti capital market and the diversification of the national economy and have remained steadfast in their dedication to establishing a transparent, efficient and advanced exchange platform, which has led to the creation of a liquid capital market. Boursa Kuwait and the KCC's unwavering commitment to promoting the Kuwaiti capital market and its participants through a series of Roadshows and Corporate Days has also helped provide prospective institutional investors worldwide with profound insights into the market's opportunities. Since Boursa Kuwait took over operations of the Kuwaiti stock exchange, the Kuwaiti capital market has undergone an unprecedented development thanks to the diligent efforts of the capital market apparatus. Their focus on empowering participants and raising standards has resulted in several key initiatives, including the diversification of products and services, establishing an appealing investment platform, expanding the issuer base, and adapting rules and regulations to meet market demands. The apparatus has also significantly enhanced the market's infrastructure and fostered an attractive investment environment, which resulted in the Kuwaiti capital market's reclassification to an Emerging Market by three prominent global index providers, and solidified Kuwait's position as a leading financial center in the region. © 2000 - 2025 Al Bawaba ( Signal PressWire is the world's largest independent Middle East PR distribution service.
Zawya
15-04-2025
- Business
- Zawya
Boursa Kuwait and Kuwait Clearing Company strengthen the Kuwaiti capital market's presence in Asia
Investors showed interest in investing in Kuwait and broadening their portfolios Kuwait City: As part of their efforts to enhance the Kuwaiti capital market's stature within the global investment community, Boursa Kuwait and the Kuwait Clearing Company organized a virtual roadshow for Asian investors on Monday, April 14, 2025, in collaboration with HSBC, one of the largest banks in Europe. The roadshow, the first of its kind in the Asian continent, provided Boursa Kuwait and Kuwait Clearing Company (KCC) with a unique opportunity to engage with some of the largest and most prominent asset managers in Asia. The two companies met with 13 investment companies, including banks, asset management firms and sovereign wealth funds, shedding light on Boursa Kuwait's journey since its privatization, its subsequent listing on the 'Premier' Market, and its instrumental role in the reclassification of Kuwait's capital market to 'Emerging Market' status by leading global index providers. The discussions also covered the latest developments in the Kuwaiti capital market, as well as key investment opportunities, products, and services tailored for institutional investors. The participating Asian investors praised the strong reputation and prominent standing of the Kuwaiti capital market within the region, citing its operational efficiency and firm commitment to international standards. They also commended the market's high level of transparency, emphasizing the diligence of regulators and market participants in providing accurate, timely information—an approach that reinforces investor confidence and reflects the market's dedication to a well-regulated and transparent investment environment. The investors further expressed a clear interest in expanding their exposure to the Kuwaiti market and exploring deeper avenues of collaboration. Representing Boursa Kuwait during the roadshow were Chief Executive Officer Mr. Mohammad Saud Al-Osaimi and Head of Markets Sector Noura Al-Abdulkareem, who were joined by KCC CEO Mr. Duaij Raed Al-Saleh. 'Capital markets in the region are witnessing growing interest from institutional investors across Asia, and the Kuwaiti capital market is central to this expanding trend. Boursa Kuwait remains committed to fostering strong, long-term partnerships with the Asian investment community by enhancing engagement, strengthening communication channels and keeping investors informed about the latest developments in the Kuwaiti capital market,' said Boursa Kuwait's Chief Executive Officer Mr. Mohammad Saud Al-Osaimi. He added, 'Through our participation, we also aim to showcase the diverse investment opportunities, products and services tailored to meet the evolving needs of institutional investors. This initiative is part of a broader strategic plan to enhance the appeal of the Kuwaiti capital market, expand the range of financial instruments and deepen market liquidity—ultimately opening new avenues for both local and international investors and underscoring the strength, resilience and forward-looking vision of Kuwait's capital market.' Boursa Kuwait is currently working with its partners in the capital market apparatus to launch the central counterparty (CCP) system as a foundation for introducing new financial instruments, including exchange-traded funds and a fixed-income platform with bonds and sukuk, which are set to be rolled out in the next few months. The bourse is also preparing to implement the fourth phase of its comprehensive market development (MD) plan, which will include the introduction of financial derivatives. Commenting on his company's participation in the roadshow, Kuwait Clearing Company CEO Mr. Duaij Raed Al-Saleh said, 'Kuwait Clearing Company continues to play a vital role in fostering a capital market built on security, transparency and investor protection. This constructive dialogue with a distinguished group of Asian investors allowed us to highlight how our market infrastructure and post-trade services are evolving to meet the growing needs of international investment institutions.' Over the past few years, the Kuwaiti capital market apparatus has implemented a series of enhancements and structural reforms, particularly within the clearing and settlement framework, to better meet the needs of international investors. These improvements include accelerating the opening of trading accounts for foreign clients, streamlining the transfer process between custodians and introducing the concept of partial settlement rejection, giving foreign investors greater flexibility in managing their obligations. The introduction of omnibus accounts has further optimized order flow and reduced transaction volume by enabling institutional and foreign funds to execute trades through a single consolidated account, with post-trade allocation to beneficiaries completed seamlessly upon execution. In addition, an updated, fully automated version of the electronic general assembly meeting (eAGM) system, which is mandatory for listed companies, has been launched, allowing investors to participate and vote through multiple, user-friendly channels. Other key developments include an enhanced mechanism for foreign investor participation in initial public offerings (IPOs), aimed at boosting cross-border investment, as well as the introduction of a Securities Lending and Borrowing (SLB) framework which broadens the range of financial instruments available in the market and offers investors increased flexibility and strategic options. Boursa Kuwait and the KCC play a pivotal role in the development of the Kuwaiti capital market and the diversification of the national economy and have remained steadfast in their dedication to establishing a transparent, efficient and advanced exchange platform, which has led to the creation of a liquid capital market. Boursa Kuwait and the KCC's unwavering commitment to promoting the Kuwaiti capital market and its participants through a series of Roadshows and Corporate Days has also helped provide prospective institutional investors worldwide with profound insights into the market's opportunities. Since Boursa Kuwait took over operations of the Kuwaiti stock exchange, the Kuwaiti capital market has undergone an unprecedented development thanks to the diligent efforts of the capital market apparatus. Their focus on empowering participants and raising standards has resulted in several key initiatives, including the diversification of products and services, establishing an appealing investment platform, expanding the issuer base, and adapting rules and regulations to meet market demands. The apparatus has also significantly enhanced the market's infrastructure and fostered an attractive investment environment, which resulted in the Kuwaiti capital market's reclassification to an Emerging Market by three prominent global index providers, and solidified Kuwait's position as a leading financial center in the region. About Boursa Kuwait: The establishment of Boursa Kuwait in 2014 marked the first step in the privatization project of the Kuwait Stock Exchange, which was founded in 1977 as the first exchange in the Gulf Cooperation Council region and was reorganized in 1983 as an independent financial institution. The transitional phase began in 2016, with Boursa Kuwait officially assuming the responsibilities and operations of the Kuwait Stock Exchange, replacing it with an official license in the same year after the successful completion of the transitional phase. This ensured that Boursa Kuwait developed the infrastructure and operated according to best practices and international standards. It commenced the creation of an advanced, reliable trading platform built on efficiency, credibility, and transparency to serve all asset classes with a focus on the interests of traders and the national economy. Boursa Kuwait has undertaken various market reforms as part of its comprehensive plans to enhance it in several stages. It succeeded in introducing innovative investment tools, enhancing transparency, and restructuring the market to increase its liquidity and competitiveness, based on its mission-focused strategy, which emphasizes developing the market to meet international standards. The company's developmental and improvement efforts have also contributed to the reclassification of the Kuwait market as an «emerging market» among key global index providers, enhancing Kuwait's position as a leading regional financial center. In a pioneering step in Kuwait's privatization field, the privatization of Boursa Kuwait was successful, conducted in two stages. The first stage was in February 2019 when a consortium of Kuwaiti investment companies and a global exchange operator won the privatization bid, acquiring a 44% stake in the company. In December 2019, the privatization process was completed through the public offering of a 50% stake owned by the Capital Markets Authority to Kuwaiti citizens, with the offering oversubscribed by more than 850%. Boursa Kuwait is listed on the «Premier Market» under the name «Boursa». For further information, please contact: Ahmad Rashed Alowaish PR and Media Manager - Boursa Kuwait Email: aalowaish@
Al Bawaba
14-04-2025
- Business
- Al Bawaba
Boursa Kuwait publishes its fourth sustainability report, reaffirming its commitment to governance, transparency and sustainable growth
Boursa Kuwait published its fourth Corporate Sustainability Report, which shed light on the company's initiatives from January 1 to December 31, 2024. The report outlined the company's sustainability strategy and assessed its governance, social responsibility and environmental stewardship performance. The report marks a significant milestone in Boursa Kuwait's journey, reinforcing its commitment to Environmental, Social, and Governance (ESG) practices since its inception and reflecting its dedication to adopting internationally recognized best practices to develop an efficient, transparent, and inclusive financial market. It was prepared in alignment with the core concepts of the Global Reporting Initiative (GRI), the Sustainability Accounting Standards Board (SASB) guidelines for the securities and commodities exchanges sector and the United Nations Sustainable Development Goals (SDGs). The report also adheres to the principles of Boursa Kuwait's ESG Reporting Guide, which incorporates the requirements of the International Sustainability Standards Board (ISSB) to meet the evolving and dynamic expectations of all stakeholders. 'This year marked a pivotal milestone for Boursa Kuwait as we celebrated our tenth anniversary — a decade defined by excellence, innovation, and meaningful progress. Over the years, we have played a key role in advancing Kuwait's capital market while embedding sustainability at the heart of our operations and reinforcing our belief that Boursa Kuwait's role extends well beyond facilitating trading and investment. The company is deeply committed to driving economic growth and enhancing financial inclusion across the State of Kuwait,' said Boursa Kuwait's Chief Executive Officer Mr. Mohammad Saud Al-Osaimi. Al-Osaimi added that the report signifies a pivotal step in Boursa Kuwait's efforts to align its objectives with Kuwait's vision for national development and its international climate commitments. He noted that, as a key enabler of sustainable finance and a model issuer in the Kuwaiti capital market, the company plays a prominent role in empowering listed companies to incorporate sustainability into their operations and financial strategies to attract long-term investments. 'In 2024, Boursa Kuwait made significant strides in advancing ESG principles, guided by its comprehensive governance framework, which ensures the highest standards of transparency and underscores the company's commitment to ethical business practices in line with global benchmarks. The company remains committed to ethical business practices in line with the standards adopted worldwide, keeping pace with the evolving dynamics of the international financial landscape and adopting the latest best practices to contribute effectively to a more sustainable future for the Kuwaiti financial sector,' Al-Osaimi said. Throughout 2024, Boursa Kuwait continued to advance its commitment to financial literacy — a core pillar of its mission since inception and a key driver in reinforcing the company's position both regionally and globally. Anchored in the belief that well-informed stakeholders are vital to the growth, integrity, and long-term resilience of capital markets, the company remained steadfast in its efforts to equip individuals with the knowledge and skills needed to actively engage in — and benefit from — Kuwait's capital market and the broader financial ecosystem. These efforts contribute to fostering a more inclusive, empowered, and resilient financial environment. As part of these ongoing efforts, Boursa Kuwait launched the inaugural edition of the 'Bell' initiative, aimed at positioning financial literacy as a foundational tool for financial stability, economic development, and social prosperity. The initiative was implemented in collaboration with the Union of Investment Companies, Kuwait University, the CFA Society Kuwait, Kuwait Financial Centre 'Markaz,' and the Credit Information Network Company (Ci-Net). Boursa Kuwait also added several prestigious accolades to its growing list of achievements, a testament to its continued excellence in corporate sustainability, governance and ESG practices. The company received seven awards from renowned international institutions, underscoring its leadership and impact in these critical areas, including 'Best in Sustainability Transparency' award from Global Finance magazine, 'Best Sustainable Corporate Governance – Kuwait' and 'Best ESG Strategy – 2024' from The European magazine and 'Outstanding Contribution to Women's Empowerment in MENA – 2023', 'Best ESG Strategy in GCC Capital Markets – 2023' and 'Outstanding Contribution to Financial Inclusion in GCC Capital Markets – 2023' from Capital Finance International (CFI). Its 2023 Sustainability Report was also recognized as the Best Sustainability and ESG Report by the Middle East Investor Relations Association (MEIRA). The bourse was able to make strides in its ESG efforts internally as well, achieving an employee retention rate of 98% in 2024 to underscore its success in cultivating a dynamic and empowering work environment that fosters both professional growth and personal development. Boursa Kuwait also continued to actively support a range of social and environmental initiatives, working closely with local and international organizations to sponsor 38 programs designed to create meaningful, long-term impact within the community it serves throughout the year. These accomplishments underscore Boursa Kuwait's unwavering commitment to promoting transparency, embedding sound governance and advancing sustainability across the market as well as highlighting the company's pivotal role as a leading enabler of sustainable finance in Kuwait, dedicated to building a resilient, inclusive financial ecosystem that drives economic growth and supports the transition to a more sustainable future.
