Tuesday, 02 January 2024 12:17 GMT

Boursa Kuwait signs Memorandum of Understanding with The International Stock Exchange to strengthen cooperation and enhance connectivity


(MENAFN- TRACCS) Kuwait City, December 22, 2025: Boursa Kuwait, a leading regional exchange classified as an emerging market on major global indices, announced the signing of a Memorandum of Understanding (MoU) with The International Stock Exchange Group Limited (TISE) today, as part of its ongoing commitment to strengthening the position of the Kuwaiti capital market as an attractive destination for regional financial and investment activity.

TISE is a regulated exchange offering a growing range of financial products. Headquartered in Guernsey, it maintains a presence and has members based in key international financial centers, including Dublin, Jersey and London.

The MoU, signed by Boursa Kuwait CEO Mr. Mohammad Saud Al-Osaimi and Mr. Cees Vermaas, CEO of TISE, aims to enhance technical and knowledge-based cooperation between the two parties. It also seeks to explore opportunities for financial market development through the exchange of expertise, collaboration in the innovation of new financial products and support for sustainable finance initiatives.

It comes as part of Boursa Kuwait’s ongoing efforts to strengthen its international presence and reinforce the Kuwaiti capital mark’t’s reputation as a trusted destination for regional and international investors. The MoU also reaffirms both par’ies’ commitment to deepening collaboration and exploring new areas of mutual interest between the two markets.

“The signing of this MoU reaffirms Bours’ Kuwait’s commitment to fostering international cooperation and exchanging expertise with global financial institutions, further enhancing the Kuwaiti capi’al market’s position as an attractive investment destination in the region. This partnership represents a significant step toward exploring opportunities for developing financial products, supporting sustainable finance initiatives, and sharing knowledge in areas such as financial technology and market inf”astructure,” said Boursa Kuwait CEO Mr. Mohammad Saud Al-Osaimi.

He added that Boursa Kuwait believes strengthening cooperation with global exchanges and international organizations opens new horizons for the development of the Kuwaiti capital market and enhances its competitiveness regionally and globally.

“This aligns with the compa’y’s vision to support national economic growth and broaden the base of both local and international invest”rs,” he said.

The signing of the MoU between Boursa Kuwait and TISE comes amid growing ties between the State of Kuwait and Guernsey. It follows a similar MoU signed in August 2025 between the Capital Markets Authority of Kuwait and the Guernsey Financial Services Commission, which underscored both parties’ commitment to strengthening regulatory cooperation and exchanging expertise to advance regulatory frameworks and enhance supervisory efficiency and governance.

“We are pleased to sign this MoU with Boursa Kuwait, as we share a common vision of developing a more interconnected and sustainable financial environment. Through knowledge sharing and the exploration of opportunities for collaboration in areas such as specialized listings and innovative products, we aim to create new investment opportunities,” said Mr. Cees Vermaas, CEO of TISE.

“We look forward to working alongside one of the most prominent exchanges in the Middle East to promote market integration and connect global investors with the promising opportunities in Kuwait and the”wider region,” he added.

There are more than 4,500 securities listed on TISE, with a total market value exceeding £750 billion and an issuer base that includes companies and institutions from over 35 countries worldwide.

TISE is a major European professional bond market, and a leader in listing debt securities including private equity debt, high yield bonds, securitizations and Islamic finance products, including sukuks. TISE also accounts for more than 45% of all listed UK Real Estate Investment Trusts (REITs) and caters for a wide range of sustainable finance products.


MENAFN22122025003982000056ID1110511862



TRACCS

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search