The College of Business Administration team at Kuwait University won first place for the second time in a row in the competition for trading assets in accordance with the standards of environmental, social and corporate governance practices (The ESG Trading Initiative) for investment portfolios and international trade in the Middle East for the year 2023.

This victory came in the second edition of the competition in the region, sponsored by HSBC Bank and the prestigious Rotman School of Management. The team consisted of students: Ahmed Hassan, Farah Freij, Ahmed Mandani, and Arkan Abdul Hafeez, under the supervision of Dr. Khaled Walid Al-Sabah, Assistant Professor in the Finance Department and Director of the Financial Trading Center at the College. After competing with more than 15 teams; Cairo University ranked second and Al Qasimia University ranked third.

The competition started in February. Since then, the teams have worked on their investment portfolio with the aim of obtaining high returns, taking into account the ranking of assets in terms of ESG. The team participated in three trading competitions, each competition related to a specific field such as: commodities, liquidity, and ESG, receiving prizes worth $11,000.