KUWAIT CITY: Boursa Kuwait organized its first physical Corporate Day since the outbreak of the COVID-19 pandemic in London, in collaboration with HSBC, one of Europe’s biggest banks from 8-9 June. The event brought together eight companies listed in the “Premier” Market, including Boursa Kuwait, with 36 world-renowned asset management firms and investment companies , who conducted 126 meetings between them.
The meetings provided international investors with the opportunity to learn more about the companies listed in the Kuwaiti capital market and the the benefits and prospects of investing in Kuwait, as well as offering deeper insights into the financial performance and business strategies of the publicly traded companies. Leading Boursa Kuwait’s delegation during the roadshow were Chief Financial Officer Naim Azad Din, and Head of Markets Sector Noura Al-Abdulkareem.
Boursa Kuwait has been consistently promoting the Kuwaiti capital market and its participants through its series of Roadshows and Corporate Days, which gives listed companies the opportunity to meet with some of the world’s biggest and most well-renowned asset management firms and investment companies, highlighting their financial health, business outlook, and business strategies going forward. This gives prospective institutional investors from all over the world a deeper understanding of the Kuwaiti capital market and the investment opportunities that reside within it. Throughout the pandemic, Boursa Kuwait has worked diligently to develop and enhance Kuwait’s capital market in an effort to attract institutional investors from across the world.
Boursa Kuwait’s Chief Financial Officer Naim Azad Din expressed his contentment on the organization of Boursa Kuwait’s ninth Corporate Day in London, considered one of the world’s leading investment capitals. Naim added that he was proud to see Boursa Kuwait participate as one of the listed companies, which is a signal that the exchange has emerged as a model issuer and one of the standout performers in the market during the past few years and since its self-listing in the “Premier” Market.“Boursa Kuwait’s enhanced financial performance in the last few years has led to increased interest from several international investors,” Naim said.
Boursa Kuwait’s Head of Markets Sector Noura Al-Abdulkareem reinforced the importance of the company’s strategy which continues to evolve with the company’s vision and the needs of its diverse stakeholder community, taking into account the rapidly changing technological and economic landscape, saying that, “Through our series of Roadshows and Corporate Days, we have remained committed to keeping issuers in the market in touch with the world’s leading investment companies and asset management firms to highlight the investment opportunities in the market, which is something that we have continued doing throughout the pandemic.”
She added: “Boursa Kuwait has continuously worked towards advancing its position by focusing on our four key objectives to create an attractive issuer base, increase depth and breadth of products, upgrade our infrastructure and business environment to international standards, and broaden our investor base.”
Boursa Kuwait’s series of Roadshows and Corporate Days showcases some of the standout listed companies and the investment opportunities that reside in the Kuwaiti capital market. Putting these companies in touch with some of the world’s leading investment firms and financial institutions, the events aim to highlight these companies’ financial health and business strategies and outlooks, which help investors gain an in-depth understanding of the benefits and opportunities of investing in Kuwaiti companies.
Since its inception, Boursa Kuwait has worked diligently to create a credible exchange built on efficiency and transparency, creating a liquid capital market, a progressive exchange platform and developing a comprehensive set of reforms and enhancements that has allowed it to compete on an international level. Over the past five years, the company has rolled out numerous market reforms and new initiatives as part of its comprehensive multi-phase market development (MD) plans.