An investor exits the Kuwait stock exchange in Kuwait City. Kuwait has eased capital rules for joint-stock companies to list on the stock exchange to encourage firms to raise funds and broaden their shareholder base, the Gulf state’s financial regulator said. The new
regulations are part of a series of rulings this year from the Capital Markets Authority (CMA), which is trying to boost activity on the
sluggish market as well as clamp down on any suspicious dealings. Under the new rules for listing on the main market, joint-stock
companies need annual profits of 5% of their capital, instead of the previous 7.5%, the CMA said. Shareholders’ equity needs to be 110% of the capital instead of 115%, the CMA said in a statement on Saturday.
