KAMCO Investment Company (“KAMCO”), a leading investment firm with one of the largest AUMs in the region, announced the successful completion of its advisory role in the bidding process organized by the Capital Markets Authority (“CMA”) of Kuwait for an equity stake in Boursa Kuwait.

KAMCO Investment Company (“KAMCO”) and Global Investment House (“Global”), two leading firms in the asset management and investment banking industry, announced the signing of a Memorandum of Understanding (“MOU”) to cement the merger talks and commence the regulatory process. Under the terms of the MOU agreement, KAMCO will be the merging entity and Global will be the merged entity, marking another milestone towards forming a leading pan-MENA non-banking financial services firm, with a greater value proposition and enhanced operational capabilities to clients, shareholders and talent.