The Kuwait Capital Markets Authority has granted NBK Capital Company a collective investment scheme licence to establish the National Bank of Kuwait Group Multi-Asset Employee Fund, with the fund licensed for a renewable three-year term. The authorisation is issued under Resolution No. (96) of 2025 and references Law No. (7) of 2010 establishing the Capital Markets Authority and regulating securities activities, together with amendments to the Executive Bylaws issued on 25 May 2025. Article 9 of the resolution provides that the fund’s licence is granted once the minimum capital has been completed within three years from the date of the fund’s registration in the Authority’s Funds Register.
Kuwait Capital Markets Authority 2025-10-27
Kuwait Capital Markets Authority grants NBK Capital a three-year renewable collective investment scheme licence for NBK Group Multi-Asset Employee Fund
The Kuwait Capital Markets Authority has granted NBK Capital Company a collective investment scheme licence to establish the National Bank of Kuwait Group Multi-Asset Employee Fund for a renewable three-year term. The authorisation is issued under Resolution No. (96) of 2025, referencing Law No. (7) of 2010 and amendments to the Executive Bylaws. Article 9 stipulates the licence is granted once the minimum capital is completed within three years of the fund’s registration.