Kuwait’s capital markets have come a long way in recent years. Since the 2010 creation of a supervisory and regulatory body, the Capital Markets Authority (CMA), the conduct of securities trading in the country has become fairer and more transparent.
In a sign of how quickly the country’s financial markets have matured, global index provider FTSE Russell included Kuwait in its emerging markets list in September 2018, a move that is expected to usher in between $500m and $800m of foreign investment in Kuwait’s equity markets. Not only will these inflows contribute to the Kuwaiti bourse’s liquidity, they will also firmly place Kuwait on the radar of foreign investors.
