Latest News
- Kuwait, Oman Sign A Nurse Training Agreement
- Saudi Arabia And Kuwait Share The Durra Field
- Citizen Detained For Alleged Involvement In Terrorist Plot
- Student Beaten By Teacher, Insulted
- MoH Issues New Drug Pricing Regulations
- On International Labor Day, Kuwait Affirms Its Commitment To Wor...
- MEW's Water & Power Plants Reach 95% Kuwaitization
- Efforts Are Being Made By Kuwait To Cut Subsidies' Waste
- Mobile ID No Longer Displays 'vaccination Status'
- Kuwait Imposes 5,000 Dinar Fines For Unlicensed Or Unrenewed Ads
- National Military Service Authority Delegation Explores Collabor...
- Egypt's President Honors His Highness Amir Sheikh Mishal Al-Ahma...
Kcci Chief Praises Kuwait’s Entry Into Emerging Markets Category
The Head of the Kuwait Chamber of Commerce and Industry (KCCI) Ali Al-Ghanim said that Kuwait’s entry into the emerging markets category within the Morgan Stanley Index (MSCI) boosts the country’s position on the global investment map. In a press statement Sunday, Al-Ghanim noted that Kuwait’s accession to emerging markets helps the Kuwait Stock Exchange to receive inactive inflows that could reach close to $3.5 billion, in addition to amounts that may exceed that of active inflows.
He pointed out that Kuwait’s entry into the emerging markets category within this indicator as of May 2020, stressing that it is an achievement that reflects a wide openness in the investment environment of Kuwait and is based on many reforms witnessed by the Kuwaiti market in record time and with high national efficiencies.
“The responsibility for the advancement of this task lies primarily with the Capital Markets Authority, and the outcome of this success will be through the Kuwait Stock Exchange, indicating that the achievement is not merely a promotion for the Stock Exchange, but rather a national achievement with distinction that refl ects positively on the Kuwaiti economy as a whole,” he added.
SOURCE : ARABTIMES
Trending News
-
Expat Residency Law Amended By Kuwait Ministerial...
20 April 2024
-
Two Expats Are Arrested For Stealing From Salmiya...
17 April 2024
-
Ministry Announces Separate Time For Amnesty Seeke...
21 April 2024
-
Work Permits Will Be Issued For One Year Under The...
27 April 2024
-
The Ministry Connects With Violators Of Residency...
23 April 2024
-
Temperature Increases Cause Electricity Load Index...
21 April 2024
-
3 Expats Caught In Salmiya With 213 Bottles Of Loc...
23 April 2024
-
AstraZeneca Admits Covid Vaccine Can Cause Rare Si...
29 April 2024
-
Al-Nuer Festival Celebrates Kuwaiti Agriculture Wi...
22 April 2024
-
The Husband Kidnaps His Kids And Travels Back Home
16 April 2024
Comments Post Comment