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Kuwait approves new company rules, Zakat House restructuring and Silk City authority cancellation

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The Council of Ministers has approved draft legislation to simplify company procedures, abolish the joint venture company structure and restructure the Zakat House board, while also approving a decree to cancel the authority overseeing the Silk City and Bubiyan Island development. The Cabinet, chaired by Prime Minister Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah, approved a draft … The post Kuwait approves new company rules, Zakat House restructuring and Silk City authority cancellation appeared first on Times Kuwait .

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