Boursa Kuwait Securities Co. , is the private-sector corporate owner and operator of the Kuwait Stock Exchange (KSE), the national stock market of Kuwait .
4-546: Although several share holding companies (such as National Bank of Kuwait (NBK) in 1952) existed in Kuwait prior to the creation of the Kuwait Stock Exchange, it was not until October 1962 that a law was passed to organize the country's stock market. In April 1977, the stock exchange was initiated, and it was named as the Kuwait Stock Exchange (KSE) in 1983. The stock market in Kuwait is regulated by four bodies:
8-567: A self-listed exchange. Boursa Kuwait was a member of the Federation of Euro-Asian Stock Exchanges . National Bank of Kuwait The National Bank of Kuwait ( NBK ) is a bank in Kuwait established in 1952. It is the largest financial institution in Kuwait . It has branches and subsidiaries in China , Geneva , London , Paris , New York and Singapore and a regional presence across
12-635: The Middle East in Lebanon , Jordan , Egypt , Bahrain , Saudi Arabia , Iraq , Turkey , and the United Arab Emirates (UAE). NBK operates over 138 branches spanning across 13 countries, seven of which are in the Middle East . It also offers alternative investments through its NBK Capital subsidiary, which, since its establishment in 2005, has allocated over $ 91 billion worth of investment banking mandates as of November 2022. For
16-721: The KSE, the Ministry of Commerce and Industry , the Ministry of Finance and the Central Bank of Kuwait . On April 24, 2016, the Kuwait Stock Exchange became fully operated by a private company and its name changed to Boursa Kuwait, making it the only stock exchange in the Middle East owned by the private sector. On September 14, 2020, the Boursa Kuwait Securities Co. was listed on Boursa Kuwait, becoming
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