Sheikh Jaber Al-Duaij, Chairman of Tijari Financial Brokerage revealed that the company achieved outstanding financial results for the past year, as it witnessed an exceptional leap thanks to the continuous development and the significant improvement of the company’s services. That results in providing the best service to customers, “which helped us maintain and develop our market share”, as described by Al-Sabah. 

Al-Duaij said that the company's brokerage revenues stood at KWD 2.53 million, up by 87.18% compared to the corresponding period in 2020, while the operating profit reached KWD 2.418 million, an increase of 111%.
On a related note, he stated that shareholders' equity grew by 8.9% as it jumped to KWD 16.5 million, while the company succeeded in reducing unnecessary expenses by 5.36% compared to FY2020.

He stated that the Board of Directors has great aspirations and ambitions towards achieving a stellar performance and profit growth through continuous improvement of its operating channels, attracting more customers and improving the company's services.

He also highlighted that the board of directors and the executive management are following the Company’s vision and a strategic plan as they seek to implement and adhere to the outlined path in a balanced manner, taking into account the current requirements in order to meet future challenges.

Meanwhile, The CEO of Al-Tijari Financial Brokerage, Mr. Muhammad Al-Rudaini, said that the company has best in class technological infrastructure, adding that it is highly efficient and is able to maintain business continuation under any circumstances, whether through the company’s human capital or remote operations.

Al-Rudaini added that the next stage will witness further development, as it follows a continuous approach, in addition to the company's anticipation to obtain a qualified broker license from the regulatory authorities.
Al-Rudaini praised the supportive role played by the Capital Markets Authority and Boursa Kuwait Company in upgrading the trading system and encouraging the brokerage sector to continually develop and keep pace with the best international practices.

It is worth noting that the Commercial Bank of Kuwait owns 98.1% of the company's capital.