Investment Policy Measures

12 results
Kuwait

Kuwait

10 Feb 2025

Eases property ownership rules for foreigners

On February 10, 2025, Kuwait issued Decree Law No. 7/2025 amending the provisions of Decree Law No. 74/1979, which regulates the ownership of real estate properties by non-Kuwaitis. Historically, property ownership in Kuwait was restricted [...]

Kuwait

Kuwait

16 Jul 2023

Allows foreign companies to operate without a local agent

On July 16, 2023, the Financial and Economic Affairs Committee passed a decision allowing foreign companies to establish branches within Kuwait and conduct operations directly, eliminating the prior requirement of a local agent. This [...]

Kuwait

Kuwait

06 Sep 2020

Amending the Mechanism for Granting Tax Exemption by Kuwait Direct Investment Promotion Authority

On 6 September 2020, the Decision No. 180 of 2020 Regarding the Amendment of the Mechanism for Granting Tax Exemption by the Kuwait Direct Investment Promotion Authority by Decision No 16 of 2016, as amended by Decision No. 76 of 2018, [...]

Kuwait

Kuwait

06 May 2020

Temporary reduction of fees for services provided by KDIPA

On 6 May 2020, the Ministerial Decision No. (105) of 2020 was adopted. It cuts by half all the fees for the services provided by the Kuwait Direct Investment Promotion Authority (KDIPA) until 31 December 2020. [...]

Kuwait

Kuwait

04 May 2020

Temporary exemption for investment entities

On 4 May 2020, Decision No. 173 of 2020 of the Director General of the Kuwait Direct Investment Promotion Authority has been adopted. According to the decision, investors who apply for investment licenses and receive an evaluation [...]

Kuwait

Kuwait

15 Dec 2018

Allowing foreign investors to own and trade in Kuwaiti banks' shares

On 15 December 2018, the Kuwaiti Ministry of Commerce and Industry issued a decision allowing foreign investors to own and trade in Kuwaiti banks' shares. The decision states that ownership rights of foreign investors in any Kuwaiti [...]

Kuwait

Kuwait

25 Sep 2016

Launched the Kuwait Business Center as a new one-window transaction

On 25 September 2016, the Ministry of Commerce and Industry launched the new 'One-Window Transaction' at the 'Kuwait Business Center'. The Ministry explained that the new service center gathers several government bodies in one place [...]

Kuwait

Kuwait

14 Jun 2016

Kuwait passed a new public tenders law

On 14 June 2016, Kuwait’s National Assembly passed the new Public Tenders Law which governs the awarding of public investment projects. This law allows for the first time foreign companies to take part in public investment projects [...]

Kuwait

Kuwait

25 Mar 2014

New rules permitting foreign banks to open multiple branches

The new rules, which were approved by the Central Bank of Kuwait, allow foreign banks to open multiple bank branches in the country. Previously, foreign banks were limited to a single branch; were permitted to offer investment banking [...]

Kuwait

Kuwait

16 Jun 2013

Enacts the Direct Investment Promotion Law

The Government of Kuwait enacted the Direct Investment Promotion Law (Decree Law No. 116 for 2013). Under the new law, foreign investors are allowed to own up to 100 percent equity in a Kuwaiti company. It also allows the establishment [...]

Kuwait

Kuwait

26 May 2010

Privatization of water desalination plants

On 26 May 2010 Kuwait's Parliament passed a law to set up private companies to build new power and water desalination plants. The legislation stipulates that 50 percent of the company shares will be sold to Kuwaitis in an initial public [...]

Kuwait

Kuwait

13 May 2010

Privatization of power and water desalination plants

The Parliament of Kuwait passed a privatization law, opening the door for transferring public-sector assets to local and foreign private ownership, and the establishment of new, private-sector companies in which the Government has [...]

Number of policy measures per economy (since 01 Jan 2010) 1 94