Al-Tijari Financial Brokerage Company intends to reduce its capital from KWD 10.3 million to KWD 5 million, and to distribute the proceeds of the capital reduction to shareholders registered in the shareholder registry at the clearing company. One of the largest beneficiaries of the reduction will be the Commercial Bank of Kuwait, as it owns the absolute majority of the company's capital. The Company will maintain an authorized capital of KWD 15 million so that it can raise capital or distribute bonus shares in the future without going through the usual, procedural cycle with the relevant authorities. The firm justified this capital reduction by stating that it did not require the large capital of KWD 10 million, particularly because KWD 5 million is adequate to fulfil the company's needs and it has strong annual operational profits. Many firms are likely to follow suit, especially since substantial capital is regarded as a burden when it is not required and there are no operating opportunities. According to reports, most companies hold the majority of their capital in the form of bank deposits. After conducting several trial runs during the previous stage, the brokerage sector has finally finalized developing and updating the infrastructure necessary for the next stage and is looking forward to introducing new tools and extending operational opportunities going forward.