Mubasher: Boursa Kuwait has announced the suspension of trading activities starting Sunday, 1 March 2026, and until further notice as a precautionary measure for market safety following the strikes that attacked the Middle East on 28 February.
Chairman of Boursa Kuwait, Bader Nasser Al Kharafi, stated that the security of Kuwait and the safety of its citizens and residents are the highest priority and take precedence over all other considerations.
Al Kharafi clarified that the decision to suspend trading effective tomorrow, 1 March 2026, is a precautionary and responsible measure taken in full coordination with the Capital Markets Authority (CMA) and the relevant state authorities to ensure the protection of investors’ interests and to uphold the principle of market fairness under these exceptional circumstances.
The Chairman said: “We want to reassure the local and international investment community that Boursa Kuwait’s technical and operational infrastructure enjoys the highest levels of resilience and fortification and has not been affected by the ongoing events.”
He added: “Our business continuity plans are operating at full efficiency to safeguard data and financial assets, reflecting the maturity of Kuwait’s capital market infrastructure and its ability to manage crises with a high degree of professionalism.”
Al Kharafi concluded his statement saying that “We stand fully prepared to resume operations upon issuing official directives, reaffirming our commitment to continuing our role as a key pillar of the national economy. We pray to the Almighty to protect Kuwait, its leadership, government and people and to preserve its security and stability.”
The temporary precautionary measure aims to protect investors’ interests and ensure market fairness, prioritizing public safety standards and the stability of the financial system in light of recent security developments.
Boursa Kuwait affirms that all its technical systems and databases are operating efficiently and have not been impacted by the ongoing events.
The company stressed that investors’ funds and financial positions remain fully secured in accordance with the applicable regulatory frameworks and that technical and operational emergency teams are currently operating under established business continuity plans to ensure maximum readiness to resume operations once conditions stabilize.
Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC), expressed the council’s condemnation in the strongest possible terms of the nefarious and blatant Iranian missile attacks on the territories of the UAE, Bahrain, Qatar, Kuwait, and Jordan.
Albudaiwi described these attacks as a flagrant violation of sovereignty, affirming that all GCC states stand in full solidarity as one rank in the face of these assaults.
He stated: "The Council places all its capabilities at the disposal of these nations to support whatever measures they take to defend their sovereignty, security, and national interests, while maintaining their right to respond and defend themselves in accordance with the principles of the United Nations (UN) Charter.”
Moreover, Albudaiwi warned of the dire consequences of this unjustified escalation, which threatens the security and stability of the region.
He explained that the GCC members have always been strong advocates for maintaining regional peace, security, and stability for the benefit of all peoples in the region.
Albudaiwi concluded: "Targeting the territories of GCC states contradicts the provisions of international law, the UN Charter, and the principles of good neighborliness, and cannot be accepted under any justification or pretext," stressing that Iran must immediately cease any escalatory actions that would undermine regional security and stability.
Moreover, Kuwait's Ministry of Foreign Affairs urged citizens abroad to exercise caution amid regional tensions.
