CMA licenses Ahli Capital to establish an income fund

Kuwait's Capital Markets Authority grants Ahli Capital Investment Company a license to establish the Al-Ahli International Income Fund and offer it for public subscription, with variable capital ranging from KD 2 million to KD 300 million, a nominal unit value of KD 10, a minimum initial subscription of KD 500, and a term of 15 years from its entry in the funds register.