KUWAIT: Boursa Kuwait organized its first Virtual Corporate Day in collaboration with HSBC, one of the largest banking and financial services institutions in the world, from 9 until 10 September 2020. The conference, held virtually because of the spread of the coronavirus pandemic, was attended by nine companies listed in the Kuwaiti capital market, who met with 31 of the world's leading institutional investors and asset management firms over the two-day period.
The listed Kuwaiti companies came from the banking, telecom, industrials and the consumer services sectors, holding 160 meetings with institutional investors and asset management firms including commercial banks, mutual funds, hedge funds, pension funds and insurance firms. The meetings enabled the international investors to gain an in-depth understanding of the benefits and opportunities of investing in the Kuwaiti companies, and offered deeper insights into the financial performance, business strategy and outlook of the publicly traded companies.
Commenting on the event, Boursa Kuwait's Head of Markets Noura Al-Abdulkareem said, "Boursa Kuwait continues to promote the Kuwaiti capital market to institutional investors and asset management firms across the globe, highlighting the unique investment opportunities this market has to offer for all market participants.
As one of Kuwait's key financial institutions, we have been mindful of taking the necessary and feasible measures since the outbreak of the pandemic to ensure the continuity of our business and our relationships with our many esteemed partners. I would like to thank HSBC and the participants in our fifth, and first virtual, edition of our series of Corporate Days, for helping make this event a success."
Boursa Kuwait's series of Corporate Days showcases some of its standout listed companies and the investment opportunities that reside in the Kuwaiti capital market. Putting these companies in touch with some of the world's leading investment firms and financial institutions, the events aim to highlight these companies' financial health and business strategies and outlooks helping investors gain an in-depth understanding of the benefits and opportunities of investing in Kuwaiti companies.