Thursday 2 November 2017

Move to 'privatize' Kuwait Stock Exchange moves one step closer | ZAWYA MENA Edition

Move to 'privatize' Kuwait Stock Exchange moves one step closer | ZAWYA MENA Edition:

"The privatization of Kuwait Stock Exchange (KSE) has reached a new level of discussion between the Capital Markets Authority (CMA) and a number of major investment groups in a bid to create more flexible mechanisms in favor of all parties and interpret the interest of the Board of Commissioners properly, reports Al-Rai daily. The companies and investment groups include NBK Capital, National Investment Company, KAMCO and ALMARKAZ (Kuwait Financial Center) among others. Some suggestions were presented during the discussions, such as enforcing Article 33 of Law No. 7/2010 stating that:"



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