16 Jun, 2006DIFX gives presentation in Kuwait for brokers and business people

The Dubai International Financial Exchange will give a seminar at the Kuwait Chamber of Industry and Commerce on June 18 to explain the opportunities provided by the region's first international stock exchange.

Nasser Alshaali, Chief Operating Officer of the DIFX, said: "Kuwaiti financial institutions and business people can benefit from the rapid development of the exchange that is now underway. A growing number of companies are interested in listing securities on the exchange and more brokers are preparing to join.

"This is the DIFX's second presentation in Kuwait in the last two months, reflecting the high level of interest being shown there in the exchange."

Mr Alshaali and other DIFX executives will explain the structure of the DIFX and how to connect to its market to an audience of senior brokers and executives at the event.

The DIFX has successfully attracted a range of equity and bond products since it opened in September last year. It expects many further listings, including substantial initial public offerings, in coming months.

The exchange currently has 13 Members, including prominent regional and international financial institutions, and expects to welcome many more.

Through its international focus, the DIFX complements other stock markets in its region.