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Kuwaiti bourse launches emerging companies market

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Kuwait’s stock exchange has launched a market for emerging companies following an increase in demand to join the busy bourse.

The emerging companies market is intended to widen participation by local companies in the bourse and attract their investment, a statement from the exchange said.

“Boursa Kuwait announces its readiness for the emerging companies market,” the statement said, adding that it began receiving applications on Sunday.

The move means Kuwait’s exchange is now divided into four sections, with the emerging…



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