4 Days
Source:
مباشر
Kuwait's Financial Markets Approve Al-Markaz Investment License
The Kuwaiti Capital Markets Authority has issued a private marketing license for a collective investment scheme incorporated in the Cayman Islands, on behalf of the Kuwaiti Financial Center Company. The license permits the marketing of 45,000 ordinary non-voting shares of MKZ Development 46 within Kuwait, at a price of 1,000 euros per share. The shares are reserved for professional clients only. The license is valid for one year from the date of issuance, with fees payable within one month of issuance. It becomes effective immediately upon issuance and publication in the Official Gazette. However, the company, the Financial Center, recorded losses of 6.76 million Kuwaiti dinars in the first quarter of 2026, compared to profits of 2.78 million Kuwaiti dinars in the same period of the previous year.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)