The Kuwait Fire Service Directorate (KFSD), Public Security Sector and Environment Public Authority have launched an inspection campaign to identify those violating safety regulations in the Qurain Market area. A number of warnings have been issued during the campaign, after violations of public safety were discovered in public markets and restaurants. Decisions will be issued to close down places where these violations could lead to serious dangers.
Kuwait plans to issue multiple entry visas to nearly 400 Iraqi businessmen following an agreement between the two countries, according to the Minister of Commerce and Industry and State Minister of Services Affairs Khalid Al-Roudhan. A special committee has been formed with Iraqi officials called the ‘White List’, and its activities will include issuing multiple entry visas to nearly 400 Iraqi businessmen. The plan is to have free markets operating between Kuwait and Iraq and discussions have reached an advanced stage in this area.
Kuwait’s Communications and Information Technology Regulatory Authority has announced it is accepting applications for a virtual telecommunications operator in the country. When the license for this virtual operator is issued, they will be the fourth telecommunications provider in the country. They will join Ooredoo, Viva and Zain. Applications have to be submitted by 14 November and the successful applicant will be announced by 6 February 2020.
Kuwait’s National Assembly has approved various legislation at their second reading, including an amendment to the country’s Companies Law. The Assembly approved an amendment to the country’s Companies Law, Kuwait Law No. 1/2016 at its second reading. If approved, non-profit organisations will not be able to convert to profitable entities. It will also allow shareholders to assess a company’s position, prohibit the dissolution of a company because of capital loss and allow shareholders and owners to correct a company’s path.
According to local newspaper reports, the Kuwaiti Government has announced it has established a Committee to oversee the reduction of expatriate numbers in the country. The committee consists of representatives from a number of Government agencies and bodies including the Social Affairs and Labour and Interior Ministries and the Public Authority of Manpower. Various measures to ensure a reduction in these numbers have been proposed.
The Financial and Economic Committee of Kuwait’s Parliament has approved the amendments to the Tenders Law. Under the amendments, the National Fund for Small and Medium Enterprise Development’s will join the board of directors of the Central Agency for Public Tenders. Membership terms and grievance periods are also laid out. It will receive its second reading next week.
The Undersecretary of Kuwait’s Health Ministry has asked all assistants, departments, health zone and hospital directors to list the employees authorised to work overtime, the work they do and how much they get paid. The aim is to ensure proper systems are in place for overtime and prevent profiteering. Overtime must also be approved by the Undersecretary and social media guidelines are also being drafted. Anyone who violates the guidelines will be punished.
The rapporteur of the Interior and Defence Committee of Kuwait’s Parliament has announced a draft law, which if approved, will grant citizenship to up to 4,000 people. It has been submitted to Parliament to consider and it is hoped it will be approved before the end of Parliament’s current term. If approved, those looking to benefit from it will have to submit all of the necessary documents and records before they can benefit from the Law.
Kuwait’s National Assembly has approved a new Insurance Law in the country at first reading. The changes would be the first to the legislation since 1981. MPs are still debating whether the sector should be regulated by the Central Bank or the Commerce Ministry but have called for a bespoke regulator not to b established. While Kuwait was the first GCC country to regulate its insurance sector they are the last to amend the legislation to reflect sectorial developments.
According to sources in Kuwait, the draft Expatriate Remittance Tax Law has been withdrawn. It followed strong Government criticism of the proposed legislation. Amid concerns the Government would have rejected it, MPs withdrew the legislation rather than risk rejection which would have meant 44 MPs would have had to of approved the reconsideration of the legislation in the country’s Parliament.