Invesco Comment about MSCI's Upgrade of Kuwait to Emerging Markets Status
Kuwait - November 12, 2020:
Zainab Kufaishi, Head of Middle East and Africa at Invesco, said:
“The upgrade of Kuwait to the MSCI Emerging Market index is a positive development reflecting the significant measures undertaken by the country to adapt its capital-markets infrastructure including the removal of foreign ownership restrictions on listed banks and ease of requirements for investor registration, thereby opening the domestic equity market to international institutional investors.”
“The country has low level of debts, a stable financial sector and significant capital reserves. This coupled with the strong corporate profitability and dividend trends exhibited by Kuwaiti companies over the past few years will lead to significant interest from international investors. Overall, this new development is met by much excitement from the global investment community, including Invesco’s active and ETF teams that invest in the country.”
Home >> Banking & Investments Section
Petal Ads and talabat partner to boost business expansion with cutting-edge targ ...
KIB organizes special workshop on investment fundamentals and real estate apprai ...
Burgan Bank Supports Aspiring Job Seekers at GUST Career Fair
Advanced Technology Company (ATC) and Illumina Collaborate with Kuwait Medical G ...
Ooredoo Kuwait Introduces Tabby to Enhance Customer Shopping Experience
Burgan Bank Launches its Women Empowerment Program "Burgan Lean in Circle&q ...
Burgan Bank Successfully Issues KWD 150 Million worth of the First KWD Additiona ...
Advanced Technology Company (ATC) Announces Fiscal Year 2023 Results
Burgan Bank Reports Net Income of KD 10 million in Q1'24
Burgan Bank Sponsors AUS “Art's Night” Event
Ooredoo Kuwait Champions Talent Development with "Waed" Internship Pro ...
Burgan Bank Celebrates the Graduation of Aspiring Employees from KGDP
OOREDOO KUWAIT Strengthens Commitment to Youth Empowerment by Sponsoring AUM Car ...
Burgan Bank Sponsors “Umm Kulthum with Marwa Nagy” Concert in Partnership with N ...
Ground Handling Priorities: Safety, Global Standards and Sustainability
KIB announces winners of Al Dirwaza account's monthly and weekly draw May 2024
Burgan Bank Sponsors Kuwaiti Students' UK Football Match
Ihg Announces Kuwait's First Vignette Collection: Arabella Beach Hotel, Vignett ...
Burgan Bank Welcomes Private Banking Clients at Al-Shaheed Branch
Burgan Bank Welcomes Private Banking Customers at Al-Shaheed Branch