Title: Press Release: New Investment License Strengthens Kuwait's Financial Position, a Plan to Attract Global Financial Institutions is Strengthened by the Capital Markets Authority's Approval of Goldman Sachs International Company’s Securities Activities in the Kuwaiti Financial Market.

Kuwait, October 6, 2025 – Within the framework of practicing its supervisory and regulatory competencies in accordance with Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Executive Bylaws, the Capital Markets Authority (CMA) announces granting a license to Goldman Sachs International Company to practice the activities of Investment Advisor and Subscription Agent in the State of Kuwait within the securities activities licensed by the CMA, after the company’s meeting of the technical, supervisory, and procedural requirements approved by CMA.

This license is part of the CMA's efforts to enhance the attractiveness of the Kuwaiti market to global financial institutions and is part of the CMA's role in ensuring compliance with established controls and procedures and providing an encouraging environment to conduct financial activities for qualified entities. This contributes to raising the efficiency of the financial market and developing professional practices in accordance with approved international standards.

The CMA confirms that the inclusion of global financial institutions such as Goldman Sachs International within the regulatory framework of the State of Kuwait is a strategic step that contributes to enhancing market readiness, attracting global expertise, and strengthening Kuwait's position as a regional financial center.

In this context, the Capital Markets Authority confirms that granting this license represents practical support for achieving the goals of "New Kuwait 2035" vision, particularly with regard to its core pillars, such as developing a diversified and sustainable economy, enhancing regional and international competitiveness, and creating an attractive business environment for global institutions.

This direction is considered a crucial prospect to enable national capabilities by providing professional training and career development opportunities through cooperation with financial institutions of advanced international expertise. This enhances the readiness of local cadres to effectively engage in a global financial sector.

Finally, the CMA commends the ongoing cooperation with other relevant regulatory and financial authorities, which reflects a collaborative approach that serves the interests of both the investors and the market and aligns with the strategic directions of the State of Kuwait.

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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:
Public Relations & Media Office
Tel: 1888898
Email: pr-media@cma.gov.kw