KUWAIT CITY, Oct 31: Prosecutor at the Appellate Court and Deputy Director of Kuwait Institute for Judicial and Legal Studies Judge Owaied Al-Thowiamer said some parts of the Juveniles Draft Law must be amended, especially the stipulation on the formation of courts consisting of one to three judges, reports Al-Rai daily.

In a press statement, Al- Thowiamer confirmed the recommendations in this regard will be submitted to the next legislative authority for discussion and approval.

Meanwhile, Companies owned by families are looking into the possibility of establishing a secondary financial market and a center for developing the management skills of their children, reports Al-Shahid daily quoting sources.

Sources disclosed these companies intend to register their assets abroad, stressing the need to suspend outward movement of funds from markets by finding an encouraging environment according to legislative standards.

Sources also pointed out the necessity for governance over these companies to guarantee smooth flow of procedures in Kuwait and to promote the idea of coordination between such companies in GCC countries.

Sources added the Kuwaiti economy aims to strengthen family companies to ensure their continuation across generations by adopting the best international practices.

In another report, the e-linking system between Gulf Insurance Company and medical service centers in charge of the health insurance program for retirees has been activated to improve and expedite procedures, reports Al-Rai daily quoting Assistant General Director for Life and Health Insurance in Gulf Insurance Company Ali Al-Hindal. Speaking to the daily, Al- Hindal affirmed this will enable the retirees to get documents quickly as their transactions will be approved through the automated system within minutes. He added a total of 25,369 requests were recorded on the first day of implementing the system; while 63,000 retirees have so far obtained ‘afiya’ (health insurance) cards without encountering problems.

Meanwhile, Boehringer Ingelheim, a pioneering pharmaceutical company, has organized medical activities in Kuwait to raise awareness on the new strategies to treat Type 2 diabetes, reports Al-Seyassah daily.