Boursa Kuwait held its “10th institutional day” in the British capital with participation of 12 listed companies, more than 50 conglomerates specialized in investments and financial assets management, where it shed light on investment opportunities in the Kuwaiti financial market.
The bourse company CEO Mohammad Al-Osaimi said in a statement that the holding of the event coincided with the Gulf bourses conference, organized by HSBC bank.
He affirmed the Kuwaiti bourse commitment to promote the listed foreign companies.
Boursa Kuwait, Al-Osaimi has pointed out, seeks to attain highest transparency levels, exchange views with local and foreign traders, pledging that the near future would witness an overhaul of the Kuwaiti market according to international standards.
Elaborating, he said that the central intermediary system would be launched to limit recurring hazards, provide more products and services.
Abdulaziz Al-Mulla, the head of the public debts division at the Kuwaiti ministry of finance and representative of the minister of finance, and Al-Osaimi took part in one of the sessions, managed by the senior economic expert at HSBC for Europe and the Middle East, Simon Williams.
Al-Mulla, during the session, shed light on the Kuwaiti State strategy to diversify the economy, role of the private sector in this respect, conditions of the public debts markets and the necessity to overhaul it in harmony with goals of New Kuwait 2023.
The convention involved heads of Gulf bourses who addressed business advantages in the region.
Source: Kuwait News Agency