Terms and Conditions

Welcome to the BlackRock site for Professional Investors

Before you proceed, please take a moment to review and accept the following Terms and Conditions.

BlackRock Advisors (UK) Limited – Kuwait Branch (“Kuwait Branch”) with its office at Al-Soor St, Burj Alshaya, Floor 35, Unit 2, Kuwait City, Kuwait, 22378848 is authorized by the Capital Market Authority (“CMA”) to engage in the regulated activities of ‘Investment Advisor’ with Professional Clients.

This section includes investor type descriptions for professional clients

A Professional Client is either (i) Professional Client by Nature; (ii) Qualified Professional Client.

• Professional Client by Nature

1. A government, public entity, central bank or an international institution (World Bank or International Monetary Fund), OR
2. Licensed Persons by the Authority, Investment Funds and other financial institutions that are subject to Regulatory Bodies inside or outside the State of Kuwait, OR
3. Any company whose paid capital is at least One Million Kuwaiti Dinars or its equivalent.

• Qualified Professional Client

1. The Client has carried out Securities’ transactions, in significant size, at an average no less than KD 250,000 per quarter over the previous two years, OR
2. The size of the Client’s funds and assets with the Licensed Person is no less than KD 100,000, OR
3. The Client works or has worked in the financial sector for at least one year in a Professional Position which requires knowledge of the transactions or services envisaged