Arab Times, 2 March 2026: Kuwait has issued a ministerial decree fixing maximum selling prices for all food commodities based on rates in effect before 28 February 2026.

Kuwait’s Ministry of Commerce and Industry had announced a decree establishing that prevailing retail prices for all food items prior to 28 February 2026 constitute the maximum permissible rates. Any increase above these levels requires ministerial approval. The measure will take effect one month from issuance and will be published in the Official Gazette. Violations will be subject to penalties under Kuwait Decree-Law No. 10/1979 on Supervision on trade In Goods and Defining Certain Prices, with relevant authorities instructed to enforce the pricing controls and monitor local markets to prevent unjustified price hikes.

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