“We are pleased to have recorded profits of approximately KD 15.9 million for 2021, with a marked improvement in key performance indicators, exhibiting Boursa Kuwait’s financial strength, its flexible operational model, as well as its innovative and adaptable strategy. The company continues to support the national economy and remains committed to contributing to the New Kuwait 2035 vision and solidify its position as a leading stock exchange in the region, and Kuwait as a world-renowned investment destination.”
Hamad Mishari Al-Humaidhi
Chairman of the Board
“Boursa Kuwait has seen a marked increase in trading value and volume, due to increased activity in the “Main Market” which was complemented by the listing of three new companies in it, which is undoubtedly a reflection of the increasing confidence of investors from all over the world. The company also increased its product line in 2021 with the introduction of Tradable Rights Issues and collaborated with the Capital Markets Authority to introduce Margin Lending and Trading, in an effort to diversify its financing tools and offer more opportunities for investors to turn a profit.”
Mohammad Saud Al-Osaimi
Chief Executive Officer
To Shareholders
The Board of Directors is pleased to inform the shareholders that it has been resolved to distribute profits for the year ended 31 December 2021, subject to the approval of the General Assembly and other regulatory entities, as follows:
* For the period ended 30 September 2020, Boursa Kuwait’s previously held investment of 33.33% in Kuwait Clearing Company (KCC) was remeasured at fair value, which resulted in a one-time, non-recurring Gain on Business Combination of KD 13.2 million.
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