8 Hrs
Source:
الراي
BlackRock Gets Approval
Kuwait’s Capital Markets Authority has authorized BlackRock Advisors UK Limited to market a collective investment scheme established outside Kuwait, as part of efforts to enhance the competitiveness of the country’s investment environment. The Authority said that interest from global investment institutions reflects the appeal of the Kuwaiti market, and that the authorization will allow these institutions to expand their presence and offer more investment options to professional clients. The decision was made in coordination with the Kuwait Direct Investment Promotion Authority, as part of efforts to facilitate the entry of foreign investors and develop regulatory frameworks in line with Kuwait Vision 2035.
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