Alrai, 8 October 2023: The Undersecretary of the Trade and Industry Ministry Ziad Alnajem has announced the launch and activation of the first stage of a new Electronic Real Estate Broker system in Kuwait.
The system is intended to help prevent fraudulent real estate sales. It will help link up five relevant government departments – the Trade and Industry Ministry, the General Authority for Civil Information, the Justice Ministry, the Kuwait Municipality, and the fire brigade, as well as the purchaser and seller. It will also see the end of paper-based transactions in the local property market.
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