ISSUANCE OF INVESTMENT LICENSES SUSPENDED TO CLUBS, FEDERATIONS AND OLYMPIC COMMITTEES IN KUWAIT

  • 08/02/2022

Kuwait City: The issuance of investment licenses has been suspended till the end of next May. The decision was taken in the wake of growing complaints about the inconvenience caused to residents of those areas by the licensing of such activities in residential areas. The Minister also requested that the Executive Body of the Kuwait Municipality conduct a technical study to find alternatives to sporting organizations as investment opportunities for financial gain for sports.

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