Boursa Kuwait

Exchange entity Boursa Kuwait
Conducts business in Kuwait
Number of listed companies (as of 31/05/2017) 187
Domestic market capitalization (in Millions USD, as of 31/05/2017) 50,757
Has signed the SSE Commitment Letter? Yes
Has prepared SSE Communication to Stakeholders? No
Requires ESG reporting as a listing rule? No
Offers written guidance on ESG reporting? No
Offers ESG related training? No
Provides sustainability-related indices? No
Has green bond listings? No
Additional Information No
Organizational model of stock exchange Unlisted private company for profit - demutualized in October 2016
Regulatory bodies Capital Markets Authority (Kuwait)
Regulatory model Limited Exchange Self-Regulatory Organization (SRO) Model, Boursa Kuwait has a basic level of regulatory authority. However, Capital Markets Authority (Kuwait) is the overall regulator of Boursa Kuwait.
About the stock exchange Boursa Kuwait is the private entity that was established in April 2014 with the aim to manage the exchange and progressively develop Kuwait's stock market operations, while delivering transparency, efficiency and accessibility.Boursa Kuwait's strategic approach focuses on the development of investment tools, restructuring the market to increase its competitiveness, working to increase liquidity, and attracting investments.To ensure its successful transition, Boursa Kuwait has brought in a pool of experts and has devised a specific transition strategy. This strategy focuses on ensuring smooth progress as the company's services expand and on enhancing the overall status of the Kuwait market. It addresses market needs by introducing new products and tools, and upgrading Kuwait Stock Exchange's infrastructure and business environment to international standards. Through this approach Boursa Kuwait is creating a robust, transparent and fair capital market platform that serves all relevant asset classes, whilst focusing on clients' interests. For more information on Boursa Kuwait, please visit: http://www.boursakuwait.com/default.aspx