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Monday, May 19, 2025
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PAI withdraws 22 industrial & craft plots violating rules

publish time

18/05/2025

publish time

18/05/2025

PAI withdraws 22 industrial & craft plots violating rules
Minister of Commerce and Industry Khalifa Al-Ajeel

KUWAIT CITY, May 18: The Board of Directors of the Public Authority for Industry (PAI), chaired by Minister of Commerce and Industry Khalifa Al-Ajeel, decided to withdraw 22 industrial and craft plots during its meeting on Sunday. In a statement to Kuwait News Agency (KUNA), PAI confirmed the issuance of a decision to withdraw seven industrial plots and 15 craft plots from the beneficiaries who violated the terms and conditions for the distribution of such plots.

The authority pointed out that the decision is based on the recommendation of the Permanent Committee for Industrial Violations. It revealed that the violations committed by the plot owners include closure of the plot, not operating the factory, failure to operate the factory within the specified period, lack of seriousness in implementing the industrial or craft project as there are no workers and work has been halted on the plot for some time, and some have not utilized the licensed plot.

Meanwhile, Al-Ajeel granted judicial police powers to 37 male and female employees at the Capital Markets Authority (CMA) to investigate crimes committed in violation of the provisions of Law No. 7/2020 on establishing CMA and regulating securities activities, its executive regulations and their amendments. Ministerial Resolution No. 95/2025, published in the Official Gazette (Kuwait Al-Youm), stipulates the expanded duties of employees covered by the resolution to include entering the headquarters of companies operating in the securities sector, headquarters of stock exchanges or any other entity located there; and reviewing the records, books, documents, data, recordings, computer systems or any other data storage or data processing media at the headquarters of the aforementioned entities or at any other entity in their possession or under their control.

Moreover, Al-Ajeel outlined the rules for delegating Ministry of Commerce and Industry employees to positions that fall under the concept of “attached to representative missions abroad.” Ministerial Resolution No. 97/2025 stipulates the termination of the provisions of Ministerial Resolution Nos. 506/2012 and 425/2019 referred hereto; and all secondment decisions issued in implementation of their provisions shall be deemed to have expired 45 days after the date of the issuance of the resolution on Sunday.

By Marwa Al-Bahrawi Al-Seyassah/Arab Times Staff