CMA grants BlackRock license to operate as an investment advisor

In a landmark move highlighting Kuwait’s growing presence on the global financial stage, the Capital Markets Authority has granted BlackRock Advisors UK Limited — a subsidiary of BlackRock Group, one of the world’s largest asset managers — an official license to operate as an investment advisor in the country.

The step underscores Kuwait’s ability to attract leading international institutions and reflects its broader vision of transforming into a regional and global financial and commercial hub.

BlackRock’s entry not only affirms international confidence in Kuwait’s regulatory and legislative frameworks but also enriches the local investment landscape by opening doors for technical expertise, strategic partnerships, and enhanced cooperation with domestic financial institutions.

This achievement represents a pivotal milestone in Kuwait’s efforts to consolidate its position as a trusted and competitive financial center, capable of accommodating major global players while driving sustainable growth and innovation across the market.

With BlackRock’s presence, Kuwait has reinforced its role as a preferred destination for top-tier global firms, advancing steadily on its path to strengthen its standing on the international financial scene.

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