Justice Minister: 11.8% Annual Dividends Distributed to Accounts Under 'Minors Affairs' Custody

Justice Minister and Chairman of the Board of Directors of the Public Authority for Care Affairs, Nasir Al-Samit, announced today, Wednesday, the distribution of annual dividends at a rate of 11.8 percent for the year 2025 to the accounts of beneficiaries under the Authority’s care, as part of the continued institutional efforts aligned with its strategic directions and objectives to develop the services provided to those under its care.

This came in a statement by the Kuwait News Agency (KUNA) during Minister Al-Samit’s chairmanship of a meeting of the Board of Directors of Care Affairs to monitor ongoing operations and review key agenda items, attended by Acting Director General Aliya Al-Saqer and board members at the Authority’s headquarters.

Minister Al-Samit emphasized the importance of continuing to develop the Authority’s services and enhancing the efficiency of its investment management, contributing to achieving the best returns for beneficiaries in line with the Authority’s objectives and its development strategy for the coming phase. He noted that the Authority’s work reflects the success of its investment policy and its ability to achieve distinctive returns within a secure and balanced investment framework that safeguards and promotes the rights of beneficiaries.

He stressed the necessity of continuing institutional development and improvement efforts, and strengthening principles of transparency and efficiency in performance, expressing confidence in the Authority’s staff capacity to sustain achievements that support its humanitarian and national mission in caring for orphans and beneficiaries under its jurisdiction.

The Board discussed several administrative topics and decisions aimed at enhancing performance efficiency, raising service quality standards, reviewing the certified minutes of the previous meeting, and monitoring the implementation of decisions issued therefrom.