Amiri Decree Issued Transferring Supervision of the Capital Markets Authority to the Minister of State for Economic Affairs and Investment

Kuwait City, Aug 16 (KUNA) -- An emiri decree was issued today, Sunday, transferring the supervision of the Capital Markets Authority to the Minister of State for Economic Affairs and Investment. The text of the decree follows:

"Emiri Decree No. 130 of 2026 on Transferring Supervision of the Capital Markets Authority

Having reviewed the Constitution,

Having reviewed the Emiri Order issued on 2 Dhu al-Qi'dah 1445 AH, corresponding to May 10, 2024,

Having reviewed Legislative Decree No. 116 of 1992 concerning Administrative Organization and the Determination and Delegation of Competencies,

Having reviewed Law No. 7 of 2010 concerning the Establishment of the Capital Markets Authority and the Regulation of Securities Activities, and its amendments,

Based on the proposal of the Prime Minister,

And after approval by the Council of Ministers,

We have decreed as follows:

Article 1

Supervision of the Capital Markets Authority is transferred to the Minister of State for Economic Affairs and Investment, who shall exercise all competencies assigned to the competent Minister in accordance with the provisions of Law No. 7 of 2010 mentioned above.

Article 2

The Prime Minister and the Ministers shall each implement this decree within their respective areas of responsibility. This decree shall come into force from the date of its issuance and be published in the Official Gazette.

Emir of Kuwait

Mishal Al-Ahmad Al-Jaber Al-Sabah

Prime Minister

Ahmad Abdullah Al-Ahmad Al-Sabah

Issued at Bayt al-Seef on: 3 Rabi' al-Awwal 1448 AH, corresponding to August 16, 2026."

(End) J.Y. / A.M.H.