VOL. XLIV

No. 14

2-APRIL-2001

KUWAIT

Kuwait Approves Foreign Direct Investment But Further Reforms A Must

After what most analysts have described as very lengthy and heated debate, the Kuwaiti National Assembly announced on 27 March that following a second and final reading, it had approved the draft law for foreign investment. The bill still requires Amiri approval in order to be passed into law but this is expected to be no more than a formality given the string of Amiri decrees that lay the...