Al-Mawashi gets KD 3.1m gov’t subsidy

16/03/2026

KUWAIT CITY, March 16: Kuwait Livestock Transport and Trading Company (Al-Mawashi) announced on Sunday that it has received a government subsidy of KD 3.1 million from the Ministry of Commerce and Industry, in accordance with Ministerial Resolution No. 580/2008, reports Al-Seyassah daily. In a disclosure on the Boursa Kuwait website, the company said the subsidy will positively impact its financial position by increasing cash flow and reducing trade receivables and other outstanding balances by the same amount in the first quarter of this year. Established in 1973 and listed on the Boursa Kuwait in 1984, Al-Mawashi has an authorized capital of KD 21.6 million. The company is a leading player in Kuwait’s food security sector, the world’s largest transporter of live sheep, and the first Australian livestock trading company in the region