Kuwait Publishes Foreign Investment Negative List
On 1 February 2015, Kuwait published Ministerial Decision No. (75) of 2015 in the Official Gazette. Decision 75 sets out the negative list of sectors which are not eligible for the benefits of the Foreign Investment Law, which include the granting of an investment license allowing 100% foreign ownership, income tax holidays, customs duties exemption and others. The list includes:
- Extraction of…