Corporate Bond Market in Kuwait: Signs of Recovery
The investment banks, asset managers and investment companies in Kuwait have been hit by the 2008 global financial crisis.
Investment Banking and Asset Management in Kuwait: Focus on Core Business
The investment banks, asset managers and investment companies in Kuwait have been hit by the 2008 global financial crisis.
Kuwait: Capital Markets Outlook 2012
Sadoun A. Ali, Chief Executive of KAMCO, a leading asset manager and investment banking company sees capital markets in Kuwait to remain stable in 2012.
Kuwait’s Capital Markets Authority: Overview and Expectations
Recent feature of Kuwait Financial Markets is the adoption of Capital Markets Authority. According to KAMCO research “the Capital Market Authority in Kuwait created through a bill approved by the Kuwaiti parliament in February 2010 is on the right track but will require time to implement the laws and regulations that aim at regulating securities activities in a fair, competitive and transparent manner, protecting investors and implementing a policy of full disclosure so as to promote justice and transparency and to prevent conflicts of interest and the exploitation of insider information. The CMA Kuwait will bring more transparency and oversight to Kuwait Stock Exchange that in turn will boost confidence among foreign and institutional investors.”
Insider Trading in Kuwait: “Insider Trading Practices Not Widespread”
Often the companies listed on the KSE have are implicated in a convoluted, opaque ownership schemes and many argue that there has been many cases of insider trading. Due to the size, Sadoun A. Ali, Chief Executive of KAMCO, a leading asset manager and investment banking company dismisses that widespread insider trading practices exist but admits that there are speculators in the market acting and trading upon rumors.
AREF Energy Investment Strategy
Walid Al-Hashash exposes the investment strategy of one of the leading energy holding company in Kuwait. AREF energy is investing in niche oil & gas services sector technologies and companies, predominately in the MENA region.
Oil Prices in 2012 to Remain Stable
AREF Energy, a leading energy investment holding in Kuwait sees stable oil prices in 2012 hovering around $110 per barrel due to consumption from the emerging markets. Nonetheless, Al-Hashash, chairman of the company warns that any geopolitical instability could create temporary oil price spike that would paralyze consumer confidence potentially causing another recession.
Kuwait Petroleum Corporation’s Vision
KPC’s vision is to be a secure supplier of oil for the world and to transform the company into an gas producer, while strictly adhering to corporate social responsibility. Farouk Al-Zanki addresses a key message on KPC’s vision.
Corporate Social Responsibility a Strategic Issue for the Largest Corporation in Kuwait
Corporate social responsibility is a strategic issue for KPC. KPC is involved In many projects to contribute to the society such as Bayt Abdullah Children Hospice, scholarships for students, environmental projects and substituting LNG for oil is rapidly improving the air quality.
Kuwait’s Budget: Price of Oil, Over-dependance on Oil and Public Spending
Kuwait currently enjoys robust economic growth. According to the latest report by Global Investment House Kuwait’s Real GDP expected to grow by 5.7% in 2011, 4.5% in 2012. Nevertheless, oil continued to dominate total exports of Kuwait in 9M2011, as it did with total government revenues.