Justice Minister: Annual Profits Distributed at 11.8% to Accounts Covered by the General Authority for Affairs of Minors
Justice Minister and Chairman of the General Authority for Affairs of Minors announce the distribution of annual profits at 11.8% for 2025 to covered accounts, affirming the Authority's successful investment policy.
Translated by Qiyas from القبس — Original source
Justice Minister and Chairman of the Board of Directors of the Public Authority for Palace Affairs, Counselor Nasser Al-Samit, announced on Wednesday the distribution of annual profits at a rate of 11.8 percent for the year 2025 to the accounts of beneficiaries under the Authority’s care, as part of ongoing institutional efforts aligned with its strategic directions and objectives to develop services provided to those under its protection. This was stated in a statement by the Kuwait News Agency (KUNA) during Minister Al-Samit’s chairing of a meeting of the Board of Directors of Palace Affairs to monitor 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, thereby contributing to achieving the best returns for beneficiaries, in line with the Authority’s goals and its development strategy for the upcoming phase. He noted that the Authority’s work reflects the success of its investment policy and its ability to generate distinguished returns within a secure and balanced investment framework that safeguards and enhances the rights of beneficiaries.
He stressed the necessity of continuing institutional development and improvement efforts, and reinforcing principles of transparency and efficiency in performance, expressing confidence in the Authority’s staff capacity to continue delivering achievements that support its humanitarian and national mission in caring for palace residents and those covered by its regulations. The Board discussed several administrative topics and decisions aimed at enhancing performance efficiency and raising service quality, as well as reviewing the authenticated minutes of the previous meeting and monitoring the implementation of decisions issued therefrom.
