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Markaz is the first to launch “Securities Lending” to enhance trading activities and liquidity on Boursa Kuwait

Kuwait Financial Centre “Markaz” announced the launch of Securities Lending and Borrowing (SLB) services in the Kuwaiti capital markets after receiving the final approval of the Capital Markets Authority (CMA). Markaz will be offering the new service through the Forsa Financial Fund and in accordance with the rules and regulations stipulated by the Kuwait Clearing Company, Boursa Kuwait, and CMA.

07/02/2023

Press Release

Markaz: GCC and global markets rise on back of cooling inflation

Kuwait Financial Centre “Markaz” recently released its Monthly Market Review report for the month of January 2023. Kuwait’s All Share Index witnessed a marginal decrease in January, posting a monthly loss of 0.2%. Among Boursa Kuwait’s sectoral indices, Telecommunications and Banking sectors gained the most at 1.4% and 1.1% respectively, while the Industrials sector lost 9.2% for the month. Among Premier Market stocks, ALAFCO and Kuwait International Bank gained the most for the month, rising by 5.4% and 3.6% respectively. Agility and Jazeera Airways fell the most for the month at 17.9% and 14.7% respectively.

02/02/2023

Markaz Holds First Employee Wellness Event of 2023

Reinforcing its people-first culture, Kuwait Financial Centre “Markaz,” successfully hosted its first employee event of the year. The seminar, Perspectives on Change: How mindset and discipline influence motivation and performance, comes in line with one of the company’s Corporate Social Responsibility (CSR) pillars; Building Human Capacity

01/02/2023

Markaz hosts 2023 Outlook seminar to highlight investment trends and opportunities

Kuwait Financial Centre “Markaz” underlined its commitment to helping investors make informed and responsible decisions with the hosting of a special seminar titled ‘Markaz 2023 Outlook: Identifying Investment Opportunities in Light of Current Market Challenges’. The seminar, which took place on 22 January, brought together expert speakers from Markaz and other leading regional and global organizations to discuss the most effective strategies for capturing opportunities across various markets.

24/01/2023

Markaz successfully sponsors Watheefti career fair

Kuwait Financial Centre “Markaz,” successfully concluded its participation in the Watheefti career fair, which took place at The Arena Kuwait in 360 Mall for three days from 5 to 7 January. Held under the patronage of Public Authority of Manpower, the career fair which attracted more than 20,000 visitors served as an ideal platform to showcase Markaz as one of the Kuwaiti companies that attracts national talents to pursue careers in the private sector.

10/01/2023

Markaz: Kuwait Equities end the year on a positive note despite global turbulence

Kuwait Financial Centre “Markaz” recently released its Monthly Market Review report for December 2022. Kuwait market started the year with strong gains, which then moderated in the second half of the year to close with yearly gains of 3.5%. The rebound in economic activity helped Kuwait market to edge upwards despite negativity in global equities. Among Boursa Kuwait’s sectors, Consumer Discretionary and Banking sectors gained the most at 11.2% and 10.5% respectively for the year. Among Premier Market stocks, Jazeera Airways and Gulf Cable and Electrical Industries Co. gained the most for the year, rising by 47.3% and 39.5% respectively. Kuwait Real Estate Company and Alimtiaz Investment Group Co fell the most for the year at 37.9% and 36.5% respectively.

04/01/2023

Markaz shines light on women’s empowerment during internal employee seminar

Kuwait Financial Centre “Markaz” rounded out its human development activities for the year with a seminar around the theme of career resilience, particularly focused on women empowerment in the asset and wealth management industry. Covering the topics of gender equality and self-preservation regarding career progression, the activity allowed Markaz’s staff to engage with one another and explore methods to help ensure a cohesive and healthy work climate.

29/12/2022

Markaz provides training in financial transactions and people management for future leaders in Kuwaiti oil sector

As part of its ongoing efforts to contribute to creating a sustainable future for Kuwait and its society, Kuwait Financial Centre “Markaz” recently hosted senior professionals from oil sector companies in the country for a training session, in collaboration with Al Yassra for Human Development & Consultancy. Markaz’s experts provided mentorship in financial transactions and people leadership for the trainees under the Leadership Skills Development program of Kuwait Petroleum Corporation’s Petroleum Training Center.

21/12/2022

Marmore Participates in MENA Investment Congress

Marmore MENA Intelligence, wholly owned subsidiary of Kuwait Financial Centre “Markaz,” concluded its participation in the MENA Investment Congress, which took place in Abu Dhabi on Thursday, November 24th. Marmore’s participation in the conference is a crucial step in utilizing objective analysis of global events that would allow Markaz to make better-informed, more effective business decisions. Organized by the CFA Society Emirates in association with Abu Dhabi Global Market (ADGM), this year’s MENA Investment Congress united more than 300 global attendees to explore new investment strategies, analyse emerging fintech solutions and discuss the next frontiers of the regional investment landscape.

18/12/2022

Markaz launches its sixth annual Graduate Development Program

Kuwait Financial Centre “Markaz” is now receiving applications from high-achieving Kuwaiti graduates to participate in the sixth Markaz Graduate Development Program (“MGDP"). The one-year program, which started in 2017, offers an opportunity for Kuwaiti graduates to gain valuable direct training and work experience that is intended to lay the foundation for a successful career in the financial sector. The program seeks to upskill talented graduates in a supportive and collaborative environment.

11/12/2022