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.
Abdulwahab Al-Bader on Kuwait Fund’s 50th Anniversary
During the past 50 years Kuwait Fund has established a legacy of 788 loans in support of development and sustainable projects worth USD 15.094 billion. Kuwait Fund is making a difference in more than 104 countries around the world. Al-Bader comments on the 50th anniversary of Kuwait Fund.
Kuwait Fund Considers Arab Spring an Opportunity
Abdulwahab Al-Bader, Director General of Kuwait Fund, considers the Arab Spring as an opportunity for the development in the MENA region. Furthermore, he admits further changes as a result of the events that started in February 2011.
Kuwait Foreign Policy: Kuwait Fund Explains Kuwait Foreign Policy
Abdulwahab Al-Bader, Director General of Kuwait Fund, argues that Kuwait Foreign policy is an open minded policy. The national objective of the policy is to promote the role of the State of Kuwait in the international community. Kuwait Fund is involved in more than 104 countries and provides 250 million Kuwaiti Dinars per year in loans.
Kuwait Fund: Loan Allocation Strategy Unlikely to Change
During the past 50 years geographical loan allocation was 54.57% for Arab countries, 19.57% East, South Asian & Pacific Countries, 17.08% for African countries, 6.33% for Central Asian and European countries and 2.45 % for Latin American and Caribbean countries. Al-Bader explains the future of loan allocation.