Kuwait courts investors with 100% ownership

The report indicated that foreign investors can establish companies in Kuwait with 100 percent ownership within a comprehensive regulatory and supervisory framework that aligns with global best practices. This enhances the competitiveness of the financial sector and maintains monetary and financial stability through continuous oversight by the Central Bank. It emphasized that the strength of the Kuwaiti banking sector, along with its high level of capital adequacy, liquidity, asset quality and profitability, are the main attraction factor for foreign investment and provide a secure environment for investors. It added that the full privatization of Boursa Kuwait in 2019 contributed to the resilience of the financial market and increased its ability to withstand global fluctuations, thus, bolstering Kuwait’s position as an attractive hub for capital and investments. It explained that KDIPA operates an Investor Service Center as a one-stop shop, providing investors with various services and facilities.

This one-stop shop coordinates with relevant government agencies, committing to processing eligible investment applications within a maximum of 30 days. It pointed out that Kuwait continues to offer a package of incentives and competitive advantages for eligible enterprises in accordance with Direct Investment Promotion Law No. 116/2013. It indicated that the Kuwaiti market offers valuable investment and financing opportunities in strategic sectors like information and communications technology, energy and water, transportation, construction and housing, healthcare, education, clean technology, and the oil and gas sector. It emphasized that the stable investment environment, huge sovereign reserves and stable credit rating boost the global investors’ confidence in the ability of Kuwait to meet its financial obligations and solidify its position as a promising regional destination for long-term investments.