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CMA LAW: Press Release: The Capital Markets Authority Continues to Attract Foreign Financial Institutions and Grants Blackrock Advisors (UK) Company Limited Permission for Institutional Marketing
Date Publish
15 November 2026
Kuwait, November 15, 2026 – In continuation of the Capital Markets Authority’s (CMA) efforts to achieve its strategic objectives that aim to develop the capital markets system and establish supporting pillars for attracting foreign financial institutions, the CMA announces the issuance of permission for institutional marketing of a collective investment scheme incorporated outside the State of Kuwait to “Blackrock Advisors (UK) Company Limited”, which is licensed by Kuwait Direct Investment Promotion Authority (KDIPA) to operate in the State of Kuwait. This permission is added to a series of permissions previously issued by the CMA to similar foreign financial companies and institutions in order to enhance the competitiveness of the local investment environment.
The issuance of this permission is part of CMA’s efforts that aim to develop the regulatory and investment environment in the State of Kuwait and confirms the CMA’s commitment to establish flexible and effective regulatory frameworks that meet the requirements of leading foreign financial institutions and support their presence and operations in the State of Kuwait in accordance with international best practices.
The increasing demand from major global investment institutions to obtain permissions for institutional marketing demonstrates the attractiveness of the Kuwaiti market, as well as its promising opportunities and competitive advantages which enable these companies to enhance their presence and expand their business locally. This contributes to enhancing the position of Kuwait as an attractive financial center, expanding the base of market participants, and diversifying the investment options and instruments available to professional clients.
This resolution reflects CMA and KDIPA coordination efforts to facilitate flexible and efficient market entry and business operations towards foreign investors in the country, in line with national directives and Kuwait Vision 2035, and to create an integrated and investor-friendly environment.
In this regard, the CMA confirms its commitment to continue updating its legislations and regulatory systems to keep pace with rapid developments in global financial markets, thereby ensuring an optimal balance between fostering a stimulating climate to attract foreign investments on one hand, and enhancing financial market efficiency and protecting market participants on the other.
Ends-
Notes to Editors:
The Capital Markets Authority was established pursuant to Law No. 7/2010, approved by the Kuwaiti Parliament in February 2010. Pursuant to the Law, the CMA shall regulate and supervise the securities activities, achieve transparency and fairness, observe listed companies’ execution of Corporate Governance regulations, and protect investors from unfair practices which violate the CMA's Law.
Furthermore, the Law's provisions stipulate the supervision of mergers, acquisitions, and disclosure operations. The CMA also aims to provide awareness programs related to securities activities.
For further information, please contact:
Awareness, Public Relations & Communication Office
Tel: 1888898
Email: pr-media@cma.gov.kw
Disclaimer: The information provided on this page is for reference purposes only, visitors are encouraged to review and understand the information provided in the official scanned document attached in the link above (if available). The CMA endeavors to ensure that the information on this page is complete and accurate, but the CMA does not guarantee the quality, accuracy, or completeness of any content at any time. In the event the information on this page is different from the content in the official scanned document attached in the link (if available), the official scanned document attached shall take precedence.