Reliable Brokerage, Secure Platform, and Direct Market Access.
We offer a secure and reliable brokerage service, providing direct access to Boursa Kuwait and international markets. Our advanced electronic trading platforms help retail and corporate clients execute their investment strategies efficiently.
Integrity
Regulated by the Capital Markets Authority, we maintain the highest compliance standards, ensuring complete transparency, security, and trust in every single transaction.
Client Focus
We serve a wide range of retail and corporate clients, offering intuitive tools and dedicated support to ensure your trading experience is seamless.
Financial Strength
Established in 1985 with substantial paid-up capital, we provide a stable and secure financial foundation, ensuring reliability across all local and global markets.
Market Access
Leveraging decades of market presence, we provide direct access to Boursa Kuwait and international exchanges, facilitating rapid execution for all your investment needs.
Here's How We Got Started
Company Profile
First Securities Brokerage Company K.S.C.C (Oula Wasata) was established in October 1985 as a Kuwaiti closed shareholding company, with a paid-up capital of KWD 100,000 & is licensed by the Ministry of Commerce and Industry under license number 350/1985 to practice brokerage activities in Boursa Kuwait and all other Arab & International Markets.
Global
In 2008, Global Investment House K.S.C.C (Global) acquired 70% of the company’s shares and in September 2016, it raised its capital from KWD 3,000,000 to KWD 12,741,470 an increase of 325%.
Capital Markets Authority
The company is regulated by the Capital Markets Authority (CMA) since 2010 and was one of the first companies to be licensed to practice brokerage activities in Boursa Kuwait.
It caters to a wide range of clients, both retail and corporates. In addition, it provides electronic trading services to its clients via smart phones applications and the company’s website.
Kamco Invest
In December 2019, the shareholders’ structure was modified, where Kamco Investment Company K.S.C.P (“Kamco Invest”) became the major shareholder of Oula Wasata owning around 93% of the shares, as the result of the merger through amalgamation between Kamco Investment Company K.S.C.P (KAMCO) and Global Investment House Company K.S.C.C (Global).
Share Capital
On 26 May 2024, the shareholders approved the proposal of the Board of Directors to reduce the authorized, issued and paid-up share capital from KD 12,741,470 to KD 12,100,000 with no change in the par value.
Empowering Traders With Market Expertise
Our team consists of seasoned professionals with extensive experience in financial markets, compliance, and trading operations. We are dedicated to leveraging our operational knowledge to support investors, ensuring seamless trade execution and helping clients navigate the market with confidence and ease.
