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Monday, February 18, 2019 3:1 GMT
Al-Kharafi and Al-Bahar consortium have won the Kuwait Boursa privatization auction, taking a 44% equity stake in the local stock exchange at 237 fils (78 cents) per share. Bader Al-Kharafi is the official representative of the consortium. “This groundbreaking investment will prove a milestone in the development and growth of Boursa,” said Al-Kharafi. “The recent overhaul of the bourse and its listing as an emerging market on several important international exchanges, including the FTSE and...More