Dubai Financial Market (DFM) welcomed the listing of Kuwait’s National International Holding (NIH), as Mamdouh Al Shirbini, Chief Executive Officer of NIH rang the market opening bell in the presence of His Excellency Essa Kazim, Chairman of DFM and other representatives from both sides.
The company shares commenced trading on Monday, 14 November 2016, under the trading symbol “NIH”, which appears on DFM screens, trading systems and publications within the Investment and Financial Services sector.
The listing of NIH lifts the total number of equity listings to 61 public joint stock companies, including 13 dually listed companies and further increases the number of Kuwaiti companies listed on DFM to nine companies.
This listing further fortifies the prominent position of DFM as the most preferred listing venue for leading local and regional companies.
Commenting on this development, H.E. Essa Kazim said: “We are delighted to welcome the listing of National International Holding on DFM, which not only further strengthens the Investment and Financial Services sector but also provides investors with new investment opportunities. Today’s listing reinforces DFM’s position as the market of choice for Kuwaiti companies seeking a dual listing, reflects the high level of confidence businesses have in our exchange and the role DFM plays to support the growth story of successful companies.”