Sunday , October 21 2018

Boursa Kuwait’s London roadshow kicks off today

Event in collaboration with Goldman Sachs

Khaled Abdulrazzaq Al-Khaled, Boursa Kuwait CEO

KUWAIT CITY, April 24: In line with its ongoing efforts to further develop the Kuwaiti market to meet international standards, Boursa Kuwait’s first roadshow in the UK in collaboration with multinational financial services firm Goldman Sachs will kick off in London. Taking place on April 25. Eight listed companies, including the National Bank of Kuwait (NBK), Kuwait Finance House (KFH), Burgan Bank, Zain, Kuwait Projects Company (KIPCO), Mabanee, Mezzan Holding, and Human Soft are participating in the tour.

The roadshow aims to put a spotlight on the investment opportunities in general and on the participating companies in particular, while also raising awareness for Boursa Kuwait’s impressive progress in creating a more transparent, modern marketplace among the international investment community. Boursa Kuwait CEO Khaled Abdulrazzaq Al-Khaled commented: “As the first Boursa Kuwait roadshow taking place in the world’s financial capital, this event gives some of our top-tier locally listed companies the opportunity to interact with interested parties.

The participants were selected based on their financial performance and solid outlook, and we are proud to Khaled Abdulrazzaq Al-Khaled, Boursa Kuwait CEO showcase what the Kuwaiti stock exchange has to offer. Direct engagement with market participants overseas is an important driver of our vision of creating a vibrant, mature and diversified market. Having recently successfully completed a roadshow to New York, this is our second international event of this caliber, and we have plans for many more in the near future.”

Important factors in attracting outside investors are a country’s economic indicators, stable policy, modern regulations and the adoption of advanced technology — all of which Kuwait has to offer. In accordance with the Kuwait 2035 national vision, spearheaded by His Highness the Amir, Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah and brought to life through the Kuwait National Development Plan, the roadshow contributes to enhancing the economic landscape in Kuwait and its global status, a core tenet of the vision.

Boursa Kuwait is committed to developing a sound capital market providing issuers with efficient access to capital and investors with diverse return opportunities, which will further strengthen its position as a leading regional exchange. Boursa Kuwait recently initiated the second phase of its Market Development Plan, introducing a segmented market, new indices, circuit breakers as well as entirely new listing requirements, along with the Boursa Kuwait Rulebook. Goldman Sachs is a US multinational financial and investment services firm and is one of the most recognized banking institutions in the United States and the world

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