VOL.XXXIXNo. 5728-October-1996KUWAIT

KuwaitiGovernment Issues New Industry LawOn 9 September, the Kuwaiti Government issued a newindustry law which aims to protect Kuwaiti industry and establishes anindependent Industry Authority whose role is to develop and protect localindustrial activity. Law 65 of 1996, as published in the Kuwaiti officialgazette Al-Kuwaital-Yawm, limits the grantingof permits for industrial projects to Kuwaiti and GCC nationals andcompanies only. The law also stipulates...