The Kuwait Capital Markets Authority granted Al-Mawazi Capital preliminary approval to obtain a license for investment adviser activities. The approval runs for six months from Sept. 3, 2026, through March 2, 2027, and may be renewed while the company meets the authority’s specified criteria. A final license will be issued after the company completes the requirements set out in the preliminary approval letter and pays the applicable fee. The license will be valid for three years and may be renewed.