Kuwait approves Goldman Sachs for investment marketing
Goldman Sachs International has obtained its first license from the Kuwait Capital Markets Authority to market a foreign-established collective investment scheme to institutional investors. This step reflects the development of the asset management market and the expansion of global financial institutions' presence in the country. The license comes less than a year after the company opened a new office in Kuwait, as part of its strategy to strengthen its presence in the Middle East and expand its services in the region.
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