Kuwait Stock Exchange on:
[Wikipedia]
[Google]
[Amazon]
Boursa Kuwait Securities Co., is the
Although several share holding companies (such as the National Bank of Kuwait 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: the KSE, the
Boursa Kuwait Official WebsiteKuwait Stock Exchange former websiteBoursa Kuwait Listed Companies
{{DEFAULTSORT:Boursa Kuwait 1983 establishments in Kuwait Organizations established in 1983 Economy of Kuwait Stock exchanges in the Middle East Stock exchanges in Asia Companies based in Kuwait City
private-sector
The private sector is the part of the economy which is owned by private groups, usually as a means of establishment for profit or non profit, rather than being owned by the government.
Employment
The private sector employs most of the workforce ...
corporate owner and operator of the Kuwait Stock Exchange (KSE), the national stock market
A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims on businesses; these may include ''securities'' listed on a public stock exchange a ...
of Kuwait
Kuwait, officially the State of Kuwait, is a country in West Asia and the geopolitical region known as the Middle East. It is situated in the northern edge of the Arabian Peninsula at the head of the Persian Gulf, bordering Iraq to Iraq–Kuwait ...
.
History
Although several share holding companies (such as the National Bank of Kuwait 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: the KSE, the Ministry of Commerce and Industry A ministry of trade and industry, ministry of commerce, ministry of commerce and industry or variations is a ministry that is concerned with a nation's trade, industry and commerce.
Notable examples are:
List
*Algeria: Ministry of Industry and ...
, the Ministry of Finance
A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position .
A ministry of finance's portfoli ...
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 a self-listed exchange.
Boursa Kuwait was a member of the Federation of Euro-Asian Stock Exchanges.
See also
*Souk Al-Manakh stock market crash
The Souk Al-Manakh stock market crash was the 1982 stock market crash of Kuwait's unofficial stock market, the Souk Al-Manakh (). The Al-Manakh market was housed in an air-conditioned parking garage in the historic area of Jibla, Kuwait City. T ...
* Economy of Kuwait
* List of Mideast stock exchanges
*List of stock exchanges
A list is a set of discrete items of information collected and set forth in some format for utility, entertainment, or other purposes. A list may be memorialized in any number of ways, including existing only in the mind of the list-maker, but ...
References
External links
Boursa Kuwait Official Website
{{DEFAULTSORT:Boursa Kuwait 1983 establishments in Kuwait Organizations established in 1983 Economy of Kuwait Stock exchanges in the Middle East Stock exchanges in Asia Companies based in Kuwait City