Kuwait Stock Exchange
|سوق الكويت للأوراق المالية|
|Agency executive||Hamed Al Saif, Director General|
Although several share holding companies (such as NBK in 1952) existed in Kuwait prior to the creation of the Kuwait Stock Exchange, it was not until October 1962 that a law was passed to organize the country's stock market. In April 1977, the stock exchange was initiated and it was named as the Kuwait Stock Exchange (KSE) in 1983.
The stock market in Kuwait is regulated by four bodies: the KSE, the Ministry of Commerce and Industry, the Ministry of Finance and the Central Bank of Kuwait. The KSE is also among the first and largest stock exchanges in the Persian Gulf region, and has gaining prominence as one of the most potentially important in the world.
As of February 2009 the listed companies were as follows: