The Kuwait Capital Markets Authority renewed Al-Mowazi Capital’s initial approval to obtain a license as a qualified securities broker registered on the stock exchange. The six-month approval runs from Aug. 23, 2026, through Feb. 22, 2027, allowing the company to meet the authority’s required standards. Once Al-Mowazi Capital fulfills the requirements in the initial approval letter and pays the prescribed fee, it will receive a renewable three-year license commencing on the date the authority issues the license certificate.
Kuwait Capital Markets Authority2026-08-12
Kuwait Capital Markets Authority renews initial approval for Al-Mowazi Capital’s qualified securities broker license
The Kuwait Capital Markets Authority renewed Al-Mowazi Capital’s initial approval for a qualified securities broker license for six months from Aug. 23, 2026. A renewable three-year license will be issued after the company meets the specified requirements and pays the prescribed fee.