Justice Minister: 11.8% annual profit distribution for accounts under the Custodian of Minors Affairs
Justice Minister Nasser Al-Samit announced the distribution of 11.8% annual profits for 2025 to accounts under the General Authority for Custodian of Minors Affairs during a board meeting.
Translated by Qiyas from كونا — Original source
Kuwait City, October 7 (KUNA) – Justice Minister and Chairman of the Board of Directors of the Public Authority for Care Affairs, Nasser Al-Sameet, announced today 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. This move is part of the institution’s ongoing efforts to align with its strategic directions and objectives for developing the services provided to those under its care.
The announcement came in a statement by the Kuwait News Agency (KUNA) during Minister Al-Sameet’s chairing of a meeting of the Board of Directors of Care Affairs to monitor operations and review key agenda items. The meeting was attended by Acting Director General Aliya Al-Saqqa and board members at the Authority’s headquarters.
Minister Al-Sameet emphasized the importance of continuing to develop the Authority’s services and enhancing the efficiency of its investment management, thereby contributing to achieving the best returns for beneficiaries, in line with the Authority’s goals 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 generate distinctive returns within a secure and balanced investment framework that safeguards and promotes the rights of those under care.
He stressed the necessity of continuing institutional development and improvement efforts, and reinforcing principles of transparency and performance efficiency, 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 and raising service quality standards, reviewed the certified minutes of the previous meeting, and monitored the implementation of decisions issued therefrom. (End) A.Zh / T.A.B
