Kuwait Stock Exchange Company has agreed to register Magic Capital Holding Company as a continuous trading company, which is allowed to trade on the platform of unlisted companies via the «OTC» market.  Magic Capital Holding Company, a closed Kuwaiti joint stock company, was previously established under the name Joud National Holding Company, with a paid-up and issued capital of 2.064 million dinars،  The company works in the field of owning shares in Kuwaiti and foreign companies or shares in limited liability companies, lending to the companies in which it owns, and guaranteeing them to others.

The Capital Markets Authority obligated all Kuwaiti joint-stock companies that optionally withdrew from the Kuwait Stock Exchange, and other joint-stock companies against which a delisting decision was issued by the Authority،  By registering for continuous trading «OTC» within 5 working days from the effective date of cancellation or withdrawal.  In classifying unlisted companies that trade on the OTC market, the company relied on the number of shareholders who own a share in the capital of the company whose shares will be traded،  Companies with more than 50 shareholders will be able to trade through two options on the Kuwait Stock Exchange, decided by the company itself.The first allows all registered companies to conduct trading through the private transactions system،  That is, the deals agreed upon between its parties, and the second is limited to companies with fewer than 50 shareholders, which allows trades to be conducted via the buy and sell orders platform in the market.