The Kuwait Capital Markets Authority has granted National Investments Company a license to privately market 150,000 shares of NIC Real Estate Credit Fund 1 in Kuwait. The fund is established in the Cayman Islands, and the offering is limited to professional clients in Kuwait. The decision sets the offer price at USD 1,000 per share and adds a 1% subscription commission on committed capital, payable once at subscription. National Investments Company will receive subscription requests. The fund’s objectives are to be determined in line with its prospectus. The marketing license will run for one year from the date the authority issues the license certificate, after the prescribed fees are paid. Those fees must be paid within one month of the decision; otherwise, the decision will be treated as void.
Kuwait Capital Markets Authority2026-07-11
Kuwait Capital Markets Authority grants National Investments Company a private marketing license for 150,000 shares in Cayman Islands fund NIC Real Estate Credit Fund 1
The Kuwait Capital Markets Authority has authorized National Investments Company to privately market 150,000 shares of Cayman Islands fund NIC Real Estate Credit Fund 1 in Kuwait to professional clients only. The shares will be offered at USD 1,000 each, with a one-time 1% subscription commission on committed capital. The license lasts one year from issuance of the license certificate, subject to payment of fees within one month.