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Silver bullion shines as the latest investment trend in Kuwait

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Silver bullion shines as the latest investment trend in Kuwait

Kuwaiti investors turn to silver bullion for long-term returns amid economic uncertainty.

KUWAIT CITY, April 27: Kuwait’s metals and jewelry market is currently experiencing a growing demand for silver bullion, according to two industry specialists. The trend, driven by various factors, is attracting both investors and consumers looking for ways to preserve value and seek future returns.

The surge in silver’s popularity comes as geopolitical and economic events accelerate, coupled with record-high gold prices. Many are turning to silver as a more affordable alternative to gold, which has become out of reach for smaller investors due to its high cost. Both specialists emphasized that silver, which tends to follow gold’s price movements, offers a more gradual increase, making it a viable long-term investment. However, they noted that investing in silver requires patience, with a minimum holding period of two years to see tangible returns.

Mohammed Fadel, General Manager of Dabla Jewellery Company, highlighted the emerging trend in the Kuwaiti market, with a growing number of citizens and residents purchasing silver bullion for investment purposes. The recent record highs in gold prices—reaching 35,000 dinars per kilogram—have sparked interest in silver as a more accessible option for those looking to invest in precious metals without the need for substantial liquidity. Fadel noted that silver presents an attractive option for young people and new investors who may not have large amounts of capital.

While silver offers a less expensive alternative, Fadel cautioned that silver’s price rise is much slower than gold’s, and liquidating silver may not be as quick as selling gold. Despite this, he stressed that Kuwaitis are becoming increasingly aware of the benefits of diversifying their investment portfolios, which has led to a noticeable rise in silver demand. Silver bars, ranging from 1 kilogram to 12 kilograms, are in particular demand. The current price for a 999 purity silver bar is 360 dinars per kilogram, while a 999.9 purity bar is priced at 380 dinars per kilogram.

Fadel also revealed that Dabla Jewellery has seen a significant increase in inquiries about silver investment in recent months, with sales of silver bullion doubling compared to the previous year. To meet the rising demand, the company is expanding its selection of silver products.

Metals market analyst Nasser Al-Attar also pointed to several factors contributing to the rising popularity of silver, particularly the geopolitical and economic uncertainty that has led investors to seek safe-haven assets. Historically, gold has been the go-to refuge during times of crisis, but its high price has pushed many to look for alternative options. Al-Attar emphasized that silver provides an affordable way to preserve wealth, making it an attractive choice for individuals with more limited financial resources.

Industrial demand for silver has also played a crucial role in driving up its price. Sectors such as technology and renewable energy are increasingly relying on silver, boosting its value and further supporting its position as a promising investment. The continued industrial demand, Al-Attar noted, is a key factor in the expectation of further price increases for silver in the coming years.

Despite the growing trend, Al-Attar pointed out that investing in silver comes with its own set of challenges. Unlike gold, which experiences sharp price increases, silver’s price rises are typically slower and less dramatic. Additionally, reselling silver is more difficult than selling gold, and the silver market lacks the regulation and structure found in the gold market.

For those considering silver as an investment, Al-Attar identified three key disadvantages:

Slower Price Increases: Silver’s price appreciation is typically more gradual and less pronounced than that of gold.

Reselling Challenges: The process of selling silver is not as straightforward as gold, which may deter investors seeking quick liquidity.

Lack of Market Regulation: Unlike the gold market, silver trading is less regulated, which can pose risks for investors.

While silver offers promising long-term potential, experts agree that it is best suited for investors with a patient, long-term approach. As demand for silver continues to rise, it remains a viable option for diversifying investment portfolios, particularly in times of economic and geopolitical uncertainty.

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CMA launches regulatory framework for emerging companies on KSE

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CMA launches regulatory framework for emerging companies on KSE

Kuwait enhances Stock Exchange access for emerging firms with amendments to listing rules.

KUWAIT CITY, July 1: Kuwait’s Capital Markets Authority (CMA) has officially launched a new regulatory environment to support the listing and trading of emerging companies on the Kuwait Stock Exchange (KSE), in cooperation with Boursa Kuwait. The initiative includes the creation of a dedicated platform for these companies, alongside key amendments to existing listing rules.

In a statement released on Tuesday, the CMA confirmed that the move is part of broader efforts to adopt international best practices, promote capital market development, diversify investment tools, and enhance both market competitiveness and transparency — all aimed at bolstering investor protection.

The approved amendments focus on strengthening listing standards by requiring companies to maintain certain conditions, including minimum thresholds for free float shares and their market value. These measures are designed to improve liquidity and ensure sustained compliance with regulatory obligations.

The Authority emphasized that supporting emerging companies is crucial to driving economic growth and aligns with Kuwait’s broader strategic vision. The newly launched market will offer an attractive financing environment for smaller and growing enterprises while providing investors with fresh opportunities governed by high transparency standards.

The regulatory framework is the result of a comprehensive study conducted by the CMA, which formed the basis for drafting specific rules to govern the emerging companies market. The platform is intended to serve as both a support system for these businesses and a dynamic investment space in line with global benchmarks.

The CMA also underscored the importance of continuously evolving the rules that govern listing conditions. This includes safeguarding investor interests by removing companies that fail to meet their obligations and ensuring adequate liquidity by enforcing minimum requirements for free float shares in both the primary and secondary market segments.

Additionally, the Authority reaffirmed its commitment to enhancing executive regulations that protect investors and empower small shareholders to actively participate in corporate decision-making processes.

This latest move is seen as a significant step toward further modernizing Kuwait’s financial sector and creating a more inclusive and diversified capital market landscape.

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Second phase of merging Kuwait oil companies underway

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KUWAIT CITY, June 30: In preparation for the second phase of merging the subsidiaries of the Kuwait Petroleum Corporation (KPC), informed sources revealed that the executive phase of merging Gulf Oil Company with Kuwait Oil Company (KOC) has begun through the transfer of the corporation’s shares in the capital of the Gulf Oil Company to KOC. They highlighted a meeting held recently between the two companies’ CEOs to start making administrative decisions regarding this matter. The sources explained that the second phase, following the initial merger of KIPIC with the Kuwait National Petroleum Company, is part of KPC’s strategy to restructure the oil sector. This phase commenced with a meeting between KOC’s CEO Ahmed Al-Eidan, acting CEO of Gulf Oil Company Bader Al-Munaifi, and representatives from the oil sector’s leadership and workforce. The meeting also discussed the implications of Decision No. 60/2024, issued on May 5, 2024, concerning the transfer of KPC’s ownership of shares. ‘

Al-Eidan affirmed the importance of job stability and preserving all benefits of Gulf Oil employees. It was decided that the legal and administrative status of Gulf Oil Company will remain unchanged at this stage, including the company’s name, logo, and operational sites at its headquarters and joint operations in Khafji and Al-Wafra. The sources clarified that Al-Eidan indicated the change is limited solely to the transfer of share ownership, with KOC becoming the owning entity instead of KPC. Consequently, the highest authority will be the Board of Directors of KOC, without affecting daily operations or the current institutional structure.

By Najeh Bilal
Al-Seyassah/Arab Times Staff 

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Kuwait enhances laws to combat money laundering and terror funding

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Kuwait enhances laws to combat money laundering and terror funding

The Kuwait government approves tougher measures to tackle financial crimes.

KUWAIT CITY, June 30: Kuwait is intensifying efforts to combat money laundering and terrorist financing by enhancing its legislative framework, announced Minister of Finance and Minister of State for Economic Affairs and Investment Noura Al-Fassam on Monday.

The minister spoke in a statement issued by the Ministry of Finance following the publication of Decree Law No. (76) of 2025 in the official gazette, Kuwait Today. This decree introduces important amendments to Law No. (106) of 2013, reflecting Kuwait’s integrated government efforts to strengthen measures against financial crimes.

During the Cabinet meeting on June 17, the draft of the amended decree law was approved, underlining Kuwait’s commitment to raising the effectiveness of the national response to money laundering and terrorism financing. The amendments align with the requirements of the Financial Action Task Force (FATF) and relevant international standards.

The new decree law includes two significant amendments:

  • Article One replaces Article (25) of Law No. (106) of 2013, empowering the Council of Ministers, upon the recommendation of the Minister of Foreign Affairs, to issue necessary decisions to implement United Nations Security Council resolutions related to terrorism, terrorism financing, and the proliferation of weapons of mass destruction under Chapter VII of the UN Charter. These decisions will take effect immediately upon issuance, consistent with Security Council Resolution No. 1373 of 2001. The executive regulations will define the rules for publishing these decisions, appealing them, authorizing the release of frozen funds for essential living expenses, and managing such assets.n
  • Article Two adds a new Article (33 bis) to Law No. (106) of 2013, stating that any violation of decisions issued under Article (25) will result in fines ranging from 10,000 to 500,000 Kuwaiti dinars per violation. This penalty complements any additional sanctions imposed by regulatory authorities on financial institutions or designated non-financial businesses.n

The Ministry emphasized that these amendments support the National Committee for Combating Money Laundering and Terrorism Financing by broadening its powers to apply targeted financial sanctions in compliance with FATF standards. This includes the mandatory freezing of assets belonging to individuals and entities listed locally as terrorists, effective immediately upon decision issuance.

Furthermore, the amendments enable the Committee to impose fines on violators and require publishing the national list of designated terrorists on the Committee’s official website, enhancing transparency and meeting international obligations.

Minister Al-Fassam concluded that the updated legislative measures reaffirm Kuwait’s strong commitment to fighting financial crimes, safeguarding national security and stability, and fulfilling its global responsibilities.

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