Al Mowazi Capital has successfully finalized a strategic partnership with Kuwait Financial Brokerage Company, aimed at improving and simplifying electronic trading of shares in unlisted and delisted companies. This collaboration will deliver cutting-edge technological services specifically for the OTC platform, the designated system for trading unlisted securities under the Boursa Kuwait.
In this context, Mr. Muhannad Al-Sane, Chairman of Al-Mowazi Capital Company, confirmed that this partnership reflects both companies' commitment to offering advanced electronic services to clients, including shareholders, companies, and investors, aiming to attract a large segment of them from unlisted and delisted companies (OTC), especially with the significant growth in the number of companies registered on the platform, which has reached 141 since its launch by the Boursa Kuwait in 2018.
Al-Sane emphasized that by providing a sophisticated electronic trading system dedicated to the OTC platform, it has become easier for all shareholders and investors to trade shares in these companies with flexibility, speed, and ease, particularly given that this system focuses on shares from a wide range of unlisted and delisted companies (OTC).
He also stated that the OTC platform provides clients, whether investors, companies, or shareholders, the ability to trade by buying and selling their shares."
On his part, Mr. Mohammed Al-Qomlas, CEO of KIC Financial Brokerage Company, affirmed the company's commitment to cooperate with other firms that possess high experience, efficiency, and professionalism to provide innovative services that would invigorate the market and increase the client base, especially as the OTC trading system of the Boursa Kuwait has become significant for a large segment of company shareholders, alongside the noticeable increase in the number of companies registered on the OTC platform.
About Al-Mowazi Capital
Al-Mowazi Capital, licensed by the Capital Markets Authority of Kuwait, specializes in providing brokerage and electronic trading solutions for shares of unlisted and delisted companies through the OTC system for trading unlisted securities.
The company offers a comprehensive range of brokerage solutions for unlisted companies and private firms to achieve optimal benefits.
Al-Mowazi Capital is distinguished by providing a fast mechanism for executing private transactions through a large and sophisticated database to ensure high and rapid operational efficiency.
KIC Financial Brokerage Co.
KIC Financial Brokerage Company is considered one of the leading firms in the local trading sector in the Boursa Kuwait. It specializes in providing clients with innovative and exceptional services in financial brokerage, offering comprehensive solutions to ensure easy access to financial information through reliable brokers and experts in the field, as well as the latest technologies through online trading services.