The Kuwait Capital Markets Authority announced that it has granted an official license to the BlackRock Advisors UK Limited branch to conduct investment advisor activity in Kuwait. The branch is described as part of the BlackRock Group. The release positions the authorization as a product of coordination between the Kuwait Capital Markets Authority, the Kuwait Direct Investment Promotion Authority, and other government entities, citing procedural efficiency in facilitating the market entry of international firms. It also states that BlackRock’s presence is expected to broaden the local investment landscape and support knowledge transfer and cooperation with the domestic financial sector.
Kuwait Capital Markets Authority 2025-09-03
Kuwait Capital Markets Authority grants investment advisor license to BlackRock Advisors UK Limited branch
The Kuwait Capital Markets Authority has licensed BlackRock Advisors UK Limited to operate as an investment advisor in Kuwait. This authorization, coordinated with the Kuwait Direct Investment Promotion Authority and other entities, aims to enhance the local investment landscape and foster knowledge transfer within the domestic financial sector.