Kuwait Capital Markets Authority issued a decision replacing the liquidator of Burgan Financial Fund, which is in liquidation, and appointing Kamco Investment Company to act as the fund’s liquidator. Decision No. 27 of 2026 removes Ali Abdulrahman Ibrahim Al-Hassawi of Roddle Middle East (Burgan Global Accountants) as liquidator, following his request and a resolution of the fund’s unitholders’ meeting held on 15 February 2026. The change takes effect from publication in the Official Gazette, and the relevant authorities are tasked with implementing the decision.
Kuwait Capital Markets Authority 2026-03-05
Kuwait Capital Markets Authority appoints Kamco Investment as liquidator for Burgan Financial Fund under liquidation
The Kuwait Capital Markets Authority has replaced the liquidator of Burgan Financial Fund, appointing Kamco Investment Company as the new liquidator. Decision No. 27 of 2026 removes Ali Abdulrahman Ibrahim Al-Hassawi of Roddle Middle East, following his request and a resolution by the fund’s unitholders. The change is effective upon publication in the Official Gazette.