The Kuwait Capital Markets Authority has renewed the preliminary approval to establish a one-person company that will carry on securities activities as an investment adviser. The company is to have capital of KWD 30,000 and will be wholly owned by Ahmad Abdulaziz Suleiman Al-Mutawa, a Kuwaiti national. The renewed preliminary approval runs for six months from 30 June 2026 to 29 December 2026, giving the founder additional time to satisfy the authority’s criteria. The renewal follows an earlier preliminary approval granted under a 2025 decision. Once the requirements set out in the authority’s preliminary approval letter are completed, the company may be licensed under its final approved name for three years from the date the Capital Markets Authority issues the licence certificate, subject to payment of the prescribed fee.
Kuwait Capital Markets Authority2026-07-01
Kuwait Capital Markets Authority renews preliminary approval for a one person investment adviser with KWD 30000 capital
The Kuwait Capital Markets Authority renewed preliminary approval to establish a one-person securities company that will operate as an investment adviser with capital of KWD 30,000. The approval is valid from 30 June 2026 to 29 December 2026 to allow completion of the authority’s requirements. After that, the company may receive a three-year renewable licence under its final approved name.