Property funds eye listing on Boursa Kuwait

Real_estate_fundTwo real estate funds are reportedly in talks with Kuwait’s Capital Markets Authority (CMA) to be listed on the country’s stock exchange, Boursa Kuwait. According to Mohammad Al Osaimi, the exchange’s acting chief executive who was speaking to Al-Anba newspaper, the two unnamed funds are currently under development but have non-controlling stakes above the minimum threshold of $50 million needed to qualify for a listing. International index compiler MSCI recently announced that it would add Boursa Kuwait to its emerging market benchmark, a move which could add millions in foreign investment to the country’s stock market. In anticipation of greater activity, Al Osaimi said that the exchange has set up a new team for listing companies on the Premier and Main markets. It also plans to launch a number of other projects in coming weeks and months including a short selling facility next week and a margin trading before the year-end. ©2019 funds global mena

Executive Interviews

INTERVIEW: ‘Financing is the blood of Iran’s economy’

Jan 04, 2019

Amid a fresh wave of American sanctions, Romil Patel spoke to Meysam Hamedi, director of financial markets and instruments at Iran’s Securities & Exchange Organization (SEO).

INTERVIEW: Totally mega

Jun 13, 2018

In 2016, global consulting firm PWC forecast the emergence of five global ‘megatrends’ in the next two decades. Stephen Anderson, its Middle East clients and markets leader, talks about their...


ROUNDTABLE: Hooked to the global caravan

Jan 04, 2019

With the MENA region at a tipping point, our panellists talk about economic diversification, the impact of regulation and the delayed Saudi Aramco listing. Chaired by Romil Patel in Dubai.

MENA ROUNDTABLE: ‘The story is about reforms’

Jun 13, 2018

Our cross-industry panel discuss the positive backdrop in Egypt, the Dana Gas controversy and the potential index upgrades of Saudi Arabia and Kuwait. Chaired by George Mitton in Dubai.