The Kuwait Capital Markets Authority announced that it has issued a licence for the activity of a qualified securities broker registered on the stock exchange to First Financial Brokerage Company, effective 2 December 2025. The announcement references Resolution No. 114 of 2025, issued in connection with a licence application submitted by Al-Alawa Financial Brokerage Company under Law No. 7 of 2010 and the Executive Bylaws and amendments. Under Article Two of the resolution, the licensing is implemented by amending the existing licence to cancel the activity of a securities broker registered in the stock exchange and add the activity of a qualified securities broker registered with the stock exchange, after completion of the Authority’s requirements.
Kuwait Capital Markets Authority 2025-12-03
Kuwait Capital Markets Authority licenses First Financial Brokerage Company as a qualified securities broker on the stock exchange
The Kuwait Capital Markets Authority has licensed First Financial Brokerage Company as a qualified securities broker registered on the stock exchange, effective 2 December 2025. This follows Resolution No. 114 of 2025, which amends the existing licence to cancel the previous securities broker activity and add the new qualified securities broker activity, in accordance with Law No. 7 of 2010 and its Executive Bylaws.