RAISING THE CAPITAL OF TOURISM PROJECTS IN KUWAIT

  • 19/09/2021

Kuwait City: The capital of tourism projects companies is four times higher than it currently is. The Ministry of Finance, the General Investment Authority and the Tourism Projects Company discussed the matter with the authorities. 


Under the company's new plan, the capital will be raised to a quarter of a billion dinars instead of 49.6 million to expand facilities. In December 2019, the General Assembly of Tourism Projects raised its capital to 299.6 million dinars. However, this increase was not implemented by the government.

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