The evolution of Kuwait’s capital markets has illustrated the country’s economic transformation of the past 10 years. The country’s stock exchange – the oldest in the Gulf region – received a boost in 2010 with the formation of supervisory and regulatory body, the Capital Markets Authority (CMA), which introduced standards for securities trading more in line with international norms.
A further key step came in 2014, when the CMA established a private company, Boursa Kuwait, to manage exchange operations at the stock exchange. The company gained full operational control of the Kuwait Stock Exchange in 2016, renaming it Boursa Kuwait, and went on to upgrade its infrastructure and business procedures to meet international standards.