Kuwait's CMA approves Al Bareeq Holding's listing on DFM

The company should be committed to the regulations of securities activities and their amendments: Boursa Kuwait

  
Kuwaiti traders are seen at the Kuwait Boursa stock market trading hall in Kuwait city, Kuwait September 16, 2019.

Kuwaiti traders are seen at the Kuwait Boursa stock market trading hall in Kuwait city, Kuwait September 16, 2019.

REUTERS/Stephanie McGehee

Kuwait's Capital Market Authority (CMA) has nodded to Al Bareeq Holding's request to be listed on the Dubai Financial Market (DFM).

The company should be committed to the regulations of securities activities and their amendments, according to a disclosure to Boursa Kuwait on Sunday.

It is noteworthy to mention that in the first half (H2) of 2020, the company's net profits declined by 29% to KWD 580,580, compared to KWD 818,560 in the same period of 2019.

Source: Mubasher

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