News
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CMA approves amendments to market maker mechanism to boost liquidity, pricing efficiency
LB1 tier: 30% discount for securities with 5–15% of monthly trading volume LB2–LB5 tiers: 30% discount for 10–15%, 60% discount…
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Decree-law abolishes PART to cut costs and speed up projects
Decree-Law No. 163 of 2025 has been issued, repealing Law No. 115 of 2014 concerning the establishment of the Public…
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Kuwait tightens financial oversight with law criminalizing unlicensed money exchange activities
Unlicensed exchange practices go beyond administrative violations, posing direct risks to the integrity of the financial and economic system and…
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Interior Minister grants vehicle inspection centers six-month grace period
First Deputy Prime Minister and Minister of Interior Sheikh Fahd Al-Yousef has issued a decision granting companies and accredited institutions…
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Development spending hits 601.5 million dinars in nine months, surpassing previous years
Government spending on development projects recorded a significant increase during the first nine months of fiscal 2025-2026, reaching 601.5 million…
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Cabinet orders withdrawal of citizenship from four individuals
The Council of Ministers has issued a decision to withdraw Kuwaiti citizenship certificates from four individuals, as well as from…
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Interbank clearing and settlements rise 32.5% to 300 billion dinars in 11 months
Local banks recorded strong growth in interbank clearing and settlement operations during the first 11 months of 2025, rising by…
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Deadly winter storm batters Nordic countries, leaves thousands without power; disrupts holiday travel across US Northeast
A powerful post-Christmas winter storm swept across the Nordic region on Saturday, claiming one life in Sweden and leaving tens…
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Court orders Agility to pay MCI 13.7 million dinars in compensation case
The Court of Appeal has ordered Agility Public Warehousing Company (Makhazen) to pay KD 13.694 million to the Ministry of…
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CAPT seeks amendments to 222 million dinars rainwater drainage project tender
The Central Agency for Public Tenders (CAPT) has requested the Ministry of Public Works to introduce a number of amendments…
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