KUWAIT READY TO GIVE FULL OWNERSHIP OF COMPANIES TO FOREIGNERS

  • 12/10/2021

Kuwait City: Kuwait may allow foreigners full ownership of companies to attract more investment and boost the economy, Abdullah al-Sabah, deputy director general of investment operations at the Kuwait Direct Investment Promotion Authority, said in an interview with a local newspaper. Al-Sabah said that over the past five years, Kuwait has attracted investments worth 1 billion dinars ($ 3.3 billion) in various sectors, particularly technology, health and procurement. 

Related News