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Parent. National Bank of Kuwait. Website. nbkcapital.com. Watani Investment Company (NBK Capital) is a financial services firm with operations across the Middle East. NBK Capital was established in July 2005 as a fully owned subsidiary of the National Bank of Kuwait (NBK), the largest Kuwaiti bank and the highest rated in the Middle East. [2]
Kuwait Projects Company (Holding), known as KIPCO, is an investment holding company in the Middle East and North Africa region, with consolidated assets of US$ 40.1 billion as of 31 December 2023 and presence in 20+ countries across multiple industries.
US$980 billion (July 2024) The Kuwait Investment Authority (KIA) is the Middle East 's oldest sovereign wealth fund, managing the state's reserve and the state's future generation fund (FGF). Founded in 1953, the KIA is the world's oldest sovereign wealth fund. [1] As of October 2023, it is the world's 5th largest sovereign wealth fund with US ...
KAMCO Investment Company KSC (KAMCO) was established in 1998 as a subsidiary of United Gulf Bank (UGB) – the investment banking subsidiary of Kuwait Projects (Holding) Company, i.e., KIPCO and specialises in asset management and financial services in Kuwait and the Middle East and North Africa (MENA). Having increased its share capital from ...
As of 2016, Kuwait has a population of 4.2 million people; 1.3 million are Kuwaitis and 2.9 million are expatriates. [1] Oil reserves were discovered in 1938. From 1946 to 1982, the country underwent large-scale modernization.
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.
Kuwait was the first country in the region to implement 5G technology. [90] Kuwait is among the world's leading countries in 5G penetration. [90] [91] The Chinese company Huawei has a $1.7 billion investment license in Kuwait to develop the country's ICT sector in line with the Kuwait Vision 2035 strategy. [92]
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]