ZAWYA-PRESSR: Boursa Kuwait signs Memorandum of Understanding with The International Stock Exchange

About this update from Boursa Kuwait Securities Company (k.p.s.c)

Kuwait City: Boursa Kuwait, a leading regional exchange classified as an emerging market on major global indices, announced the signing of a Memorandum of Understanding (MoU) with The International Stock Exchange Group Limited (TISE) today, as part of its ongoing commitment to strengthening the position of the Kuwaiti capital market as an attractive destination for regional financial and investment activity.TISE is a regulated exchange offering a growing range of financial products. Headquartered in Guernsey, it maintains a presence and has members based in key international financial centers, including Dublin, Jersey and London.The MoU, signed by Boursa Kuwait CEO Mr. Mohammad Saud Al-Osaimi and Mr. Cees Vermaas, CEO of TISE, aims to enhance technical and knowledge-based cooperation between the two parties. It also seeks to explore opportunities for financial market development through the exchange of expertise, collaboration in the innovation of new financial products and support for sustainable finance initiatives.It comes as part of Boursa Kuwait’s ongoing efforts to strengthen its international presence and reinforce the Kuwaiti capital market’s reputation as a trusted destination for regional and international investors. The MoU also reaffirms both parties’ commitment to deepening collaboration and exploring new areas of mutual interest between the two markets.“The signing of this MoU reaffirms Boursa Kuwait’s commitment to fostering international cooperation and exchanging expertise with global financial institutions, further enhancing the Kuwaiti capital market’s position as an attractive investment destination in the region. This partnership represents a significant step toward exploring opportunities for developing financial products, supporting sustainable finance initiatives, and sharing knowledge in areas such as financial technology and market infrastructure,” said Boursa Kuwait CEO Mr. Mohammad Saud Al-Osaimi.He added that Boursa Kuwait believes strengthening cooperation with global exchanges and international organizations opens new horizons for the development of the Kuwaiti capital market and enhances its competitiveness regionally and globally.“This aligns with the company’s vision to support national economic growth and broaden the base of both local and international investors,” he said.The signing of the MoU between Boursa Kuwait and...

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