News & Articles

Kuwait's Economy 2025: Vision 2035 Progress

Kuwait continues to advance its New Kuwait Vision 2035 economic diversification plan. Key focus areas include private sector growth, foreign investment attraction, and digital transformation. The Kuwait Authority for Partnership Projects (KAPP) is driving major public-private partnership initiatives across infrastructure and services.

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Kuwait New Commercial Companies Law Updates

The Ministry of Commerce and Industry has introduced amendments to the Commercial Companies Law to streamline business formation processes, reduce bureaucratic requirements, and attract more foreign direct investment to Kuwait's growing economy.

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Kuwait Labour Law Amendments: Key Changes for Employers

Recent amendments to Kuwait's Private Sector Labour Law (No. 6 of 2010) introduce updated provisions for employee rights, end of service benefits, and working conditions. Employers must review their HR policies to ensure compliance with the new requirements.

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Kuwait Kuwaitization Policy Updates for Private Sector

The Public Authority for Manpower (PAM) has issued new guidelines for Kuwaitization quotas in the private sector. Companies must meet specific percentages of Kuwaiti employees based on their industry sector. Non-compliance may result in restrictions on new work permit issuance.

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Residency Permit Procedures Updates in Kuwait

Important updates to residency permit procedures in Kuwait from the Ministry of Interior, streamlining the application and renewal process for residents. New digital services and reduced processing times aim to improve the experience for expatriates.

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Navigating the Immigration Process & Employment Challenges in Kuwait

A comprehensive guide covering work visa processes, residency permits, medical tests, employment challenges, language barriers, job competition, and strategies for success in Kuwait's job market.

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Oil Ends Volatile Year with 2nd Straight Annual Gain

Oil prices swung wildly in 2022 with Brent reaching $139.13/barrel after Russia's Ukraine invasion. Brent settled at $85.91 year-end, gaining ~10% for the year. Kuwait Petroleum Corporation continues to play a key role in OPEC+ production decisions and global energy markets.

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