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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. [4] [5] [6] On September 14, 2020, the Boursa Kuwait Securities Co. was listed on Boursa Kuwait, [7] becoming a self-listed exchange. [8]
Kuwait City: 2004 Airline P A KIPCO (Kuwait Projects Company) Financials Real estate holding & development Kuwait City: 1975 Holding Company P A Kuwait Airways: Consumer services Airlines Kuwait City: 1953 Airline P A Kuwait Finance House (KFH) Financials Banks Kuwait City: 1977 Islamic bank P A Kuwait National Petroleum Company: Oil & gas
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The Al-Manakh market was housed in an air-conditioned parking garage in the historic area of Jibla, Kuwait City. The market was specialized in highly speculative and unregulated non-Kuwaiti companies. [1] At its peak, its market capitalization was the third highest in the world, behind only the U.S. and Japan, and ahead of the U.K. and France.
Zain is listed on the Kuwait Stock Exchange.There are no restrictions on Zain shares as the company's capital is 100% free float and publicly traded. In Q2 2024, Zain Group generated consolidated revenue of KD 479 million (USD 1.6 billion), up 4% compared to Q2 2023. Normali
In the late 1970s and early 1980s, an alternative stock market, trading in shares of Gulf companies, emerged in Kuwait, the Souk Al-Manakh. [44] At its peak, its market capitalization was the third highest in the world, behind only the U.S. and Japan, and ahead of the UK and France. [44] Kuwait has a large wealth-management industry. [44]
Al Mulla Group is a diversified privately held business group based in the State of Kuwait with operations in 8 countries. With over 15,000 employees working in more than 40+ companies, Al Mulla Group today has affiliations with over 200 leading international brands and companies.
Alghanim Industries is one of the largest privately owned companies in the Persian Gulf region, predominantly in Kuwait.A multinational company in outlook with operations in 40 countries, Alghanim Industries is a multibillion-dollar company with more than 30 business units under its umbrella.