Strategic Partnership to Enhance Digital Trading for Unlisted and Delisted Shares (OTC)

Kuwait City, 18 February 2025 – Almowazi Capital is pleased to announce the signing of a strategic cooperation agreement with Kuwait Financial Brokerage, aimed at enhancing and facilitating digital trading of unlisted and delisted company shares through the Over-The-Counter (OTC) platform in Kuwait. This collaboration marks a significant step forward in offering innovative trading solutions tailored to the needs of investors, shareholders, and companies. 

The partnership is designed to leverage the strengths of both organizations, with an emphasis on delivering advanced technological services that streamline the trading process on the OTC platform, which is managed by Boursa Kuwait. This initiative is set to provide a more efficient and user-friendly trading experience for clients interested in unlisted and delisted shares. 

Mr. Muhannad AlSane, Chairman & CEO of Almowazi Capital stated, “This strategic alliance underscores our commitment to providing innovative online digital services to our clients, whether they are shareholders, companies, or investors. We aim to attract a broader client base, particularly as more companies register on the OTC platform. Since its launch in 2018, the number of registered companies has grown to 142, and we are excited to facilitate their trading needs.” 

AlSane further noted that the new digital trading system will enable shareholders and investors to trade shares of unlisted and delisted companies with ease. "Our digital trading app allows clients to engage in seamless buying and selling transactions, ensuring a dynamic trading environment," he added. 

Mr. Mohammed Al-Qumlas, CEO of Kuwait Financial Brokerage, also commented on the partnership, emphasizing the importance of collaboration with experienced firms. “We are keen to work with specialized companies to offer innovative services that will revitalize the market and expand our client base. The enhancement of the OTC trading system is vital for a growing segment of company shareholders, especially given the rising number of companies registered with the platform." 

About Almowazi Capital 

Almowazi Capital specializes in brokerage and digital trading solutions for unlisted and delisted company  (OTC) shares. With a focus on delivering comprehensive and efficient brokerage services, Almowazi Capital is dedicated to helping clients through digital trading systems and outstanding client support. 

About Kuwait Financial Brokerage 

Kuwait Financial Brokerage is a leading firm in the local trading landscape, renowned for providing innovative and exceptional financial brokerage services. The company is committed to ensuring clients have easy access to vital financial information through reliable brokers and experts, equipped with the latest online trading technologies.