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Kuwait eases rules on beneficial ownership disclosure for businesses
• Approximately 66 percent of commercial licenses—out of a total of 226,938 subject to disclosure—have registered their beneficial owner information…
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Kuwait’s auto market sees KD 1.333 billion in imports in 2024
• Kuwait imported automatic or electrical signaling devices for transportation roads at KD 2 million in 2024. The country also…
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Foreign investors still underweight on Gulf stocks
International investors have pumped more than $60 billion into Gulf stocks over the past five years but their share of…
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Fraudulent “draws” crackdown expands to multiple suspects inside, outside Kuwait
Authorities continue investigating a commercial sweepstakes fraud case involving a name winning multiple draws. The winner, an Egyptian expatriate, was…
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Commerce Ministry acts swiftly addressing suspicious shopping festival draws
The Ministry of Commerce and Industry’s spokesperson, Abdullah Al-Harz, reaffirmed the ministry’s dedication to building consumer confidence and trust in…
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Emerging market local currency bonds rebound amid global uncertainty
A report published by Bloomberg, highlights the increasingly unusual recovery in emerging market local currency bonds. Investors are increasingly turning…
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Justice Minister mandates payment proof, boosting transparency in real estate transactions
The Minister of Justice, Nasser Al-Sumait, issued a ministerial decision on Monday, 24th March, mandating that all real estate transactions…
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Municipality removes 21 vehicles, issues 108 violations in Al-Kabeer governorate
The Kuwait Municipality’s Public Relations Department, reported the removal of 21 abandoned and scrap vehicles, a boat, a caravan, commercial…
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Bader Nasser Al-Kharafi appointed Chairman of Kuwait Stock Exchange Board
Bader Nasser Al-Kharafi, the new Chairman of Kuwait Stock Exchange, brings 20+ years of expertise in finance, banking, industry, and…
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Kuwait projects 631 million dinars in taxes and fees for 2025-2026
The new fiscal year 2025/2026 budget law confirms that no fees or taxes will be imposed on total salaries, wages,…
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