CmaBoardReleases
Back to Search
Title: Resolution No. (194) of 2025 Regarding the Renewal of the Collective Investment Scheme License for GCC Momentum Fund
Date Publish
09 November 2025
Having Perused:
- Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities, its Executive Bylaws, and amendments thereto; and
- The Collective Investment Scheme License Certificate for GCC Momentum Fund No. (LCIS/2023/0001) issued on 25/01/2023; and
- The application from Kuwait Financial Centre “Markaz” Company to renew the license of GCC Momentum Fund; and
- Based on Resolution No. (04) of 2025 regarding the amendment of the approval authorizations for the Supervision Sector's procedures, issued on 23/01/2025.
The Following Was Resolved:
Article (1)
The collective investment scheme license for GCC Momentum Fund is hereby renewed for a period of three years, renewable, starting from 23/01/2026.
Article (2)
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force from the date of its issuance, and it shall be published in the Official Gazette.
Anwar Al-Mudhaf
Acting Head of Supervision Sector
Issued on: 09/11/2025.
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.
We use cookies to ensure you get the best experience on our website.