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On April 24, 2016, the Kuwait Stock Exchange became fully operated by a private company and its name changed to Boursa Kuwait, making it the only stock exchange in the Middle East owned by the private sector. [4] [5] [6] On September 14, 2020, the Boursa Kuwait Securities Co. was listed on Boursa Kuwait, [7] becoming a self-listed exchange. [8]
Kuwait was the world's biggest exporter of sulfonated, nitrated and nitrosated hydrocarbons in 2019. [121] Kuwait was ranked 63rd out of 157 countries in the 2019 Economic Complexity Index (ECI). [121] Iraq was Kuwait's leading export market in 2019 and food/agricultural products accounted for 94.2% of total export commodities. [122]
Kuwait Financial Centre (K.P.S.C), a.k.a. “Markaz”, is an asset management and investment banking institution in the Middle East and North Africa (M.E.N.A.) region, based in Kuwait. As of December 31st, 2023, it has total assets under management of over KWD 1.21 billion (Kuwaiti Dinar), [ 1 ] which equates to about USD 3.93 billion.
In May 2024, Kuwait Television launched 51 Kuwait, a streaming platform with all KTV shows as well as live access to all Kuwait TV channels. The name 51 was used to honour the first ever radio broadcast from Kuwait which was in May 1951. [5] In July 28, Kuwait TV launched the Al Akhbar Channel, which handles all international news coverage. [6]
Kuwait television channel 2 (KTV2) is Kuwait's governmental television channel dedicated for the English-speaking public. The channel broadcasts English-speaking shows, local programmes , news , English- subtitled local serials , English-speaking international serials, and English-speaking or English-subtitled movies.
Kuwait Times was founded by Yousuf Saleh Alyan in 1961. [2] [3] The 16-page broadsheet provides in-depth reporting on local events and business news, analysis and editorials on local, regional, and international issues, and entertainment and sports news and features.
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The Al-Manakh market was housed in an air-conditioned parking garage in the historic area of Jibla, Kuwait City. The market was specialized in highly speculative and unregulated non-Kuwaiti companies. [1] At its peak, its market capitalization was the third highest in the world, behind only the U.S. and Japan, and ahead of the U.K. and France.