BlackRock's Kuwait Expansion Boosts Daily Trading Volume to $610M at Rank 179

On September 8, 2025, , ranking 179th in market activity. The asset manager announced plans to establish a new office in Kuwait as part of its Gulf expansion strategy. The Kuwaiti Capital Markets Authority recently granted an investment adviser license to BlackRock Advisors (UK) Ltd, a subsidiary of the firm. The office will focus on customer service, financial advisory services, and deployment of BlackRock’s Aladdin technology platform. , who currently leads client operations in Kuwait and Qatar, will oversee the new office while maintaining his existing responsibilities.

BlackRock’s expansion into Kuwait follows its strategic presence in key Gulf markets including Abu Dhabi, Riyadh, and Doha. The move aligns with broader efforts to strengthen partnerships in fund management, infrastructure, and advisory services across the region. Kuwait’s regulatory approval underscores its ambition to position itself as a global financial hub, with authorities highlighting the efficiency of its investor-friendly framework. The new office is expected to enhance local access to BlackRock’s risk management tools and portfolio construction expertise.

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