Latest news with #AmiriDecreeNo.15
Arab Times
10 hours ago
- Business
- Arab Times
CMA outlines rules for investment dealings with 'former Kuwaiti citizens'
KUWAIT CITY, July 29: The Capital Markets Authority (CMA) has issued Circular No. 20 of 2025, outlining key regulations for dealing with individuals whose Kuwaiti citizenship has been revoked under the "Noble work" clause of Article 5 of Amiri Decree No. 15 of 1959, which governs the Kuwaiti Nationality Law. The circular, addressed to all licensed entities and authorized persons, follows the Ministry of Interior's statement issued on July 10, which detailed the legal status, residency rules, and restricted rights applicable to those affected by this category of citizenship revocation. According to the CMA, the objective of the circular is to ensure full compliance with the legal and regulatory frameworks that govern the treatment of such individuals, particularly within the investment and financial sectors. The Authority emphasized the importance of adjusting internal policies accordingly to avoid violations. Key regulatory measures The circular highlighted main controls that authorized entities must follow: Revoked Individuals Not Considered Kuwaitis: Anyone whose citizenship has been withdrawn under the 'Noble work' clause will no longer be considered a Kuwaiti citizen to implement CMA laws and regulations. Such individuals will also lose eligibility for rights and benefits granted to Kuwaiti citizens once the grace period granted by the Ministry of Interior expires. Verification of Legal Status: All authorized persons must verify the legal status and valid residency of clients affected by the Amiri Decree. This includes examining official documents confirming their status post-citizenship revocation. For decrees issued before July 20, 2025, the four-month grace period begins from that date. For future cases, the grace period will begin from the date of issuance of each new revocation decree. Review and Update of Client Records:: In the case of existing investment transactions or business relationships with affected individuals, their legal status must be reviewed and updated to ensure alignment with current legal and regulatory frameworks during the status adjustment period. Additionally, the CMA advised that if any licensed person seeks official clarification on a client's status, they should contact the Article Eight Affairs Office at the Ministry of Interior, which is the competent authority responsible for determining applicable benefits and procedures in these cases. The Authority stressed the necessity for full adherence to applicable legislation and related decrees concerning citizenship revocation. It urged licensed firms and individuals to revise their internal compliance policies to avoid unauthorized dealings or regulatory breaches. This move reflects Kuwait's broader efforts to ensure legal clarity and institutional alignment in handling sensitive nationality-related cases within the country's financial and investment sectors.
Arab Times
13-07-2025
- Politics
- Arab Times
Kuwait revokes citizenship of 16 individuals and their dependents
KUWAIT CITY, July 13: In a decision published in the official gazette Kuwait Al-Youm (Kuwait Today), authorities announced the revocation of Kuwaiti citizenship from 16 individuals, along with those who had acquired citizenship through them by dependency. The decision, detailed in Resolution No. 828 of 2025, was set to appear in the newspaper's upcoming issue on Sunday, July 13. The resolution cites the Constitution, the Amiri Order issued on 2 Dhu al-Qi'dah 1445 AH (corresponding to May 10, 2024), and Article 21 bis (A) of Amiri Decree No. 15 of 1959 concerning the Kuwaiti Nationality Law and its amendments. Based on the recommendation of the First Deputy Prime Minister and Minister of Interior, the resolution orders the withdrawal of Kuwaiti nationality from the specified individuals, as well as from any persons who obtained citizenship through their dependent status.
Arab Times
10-07-2025
- Politics
- Arab Times
Kuwaiti Citizenship Revoked for Acquiring Foreign Nationality
KUWAIT CITY, July 10: The Kuwaiti Supreme Committee for Nationality Investigation has issued a decision to revoke the citizenship of five individuals. The decision was published on Thursday in a special supplement of the official gazette, Kuwait Today. It was issued under Article 11 of Amiri Decree No. 15 of 1959, which governs the Kuwaiti Nationality Law and its subsequent amendments. The relevant article clearly states that "a Kuwaiti national shall lose their citizenship if they voluntarily acquire a foreign nationality."
Arab Times
08-07-2025
- Business
- Arab Times
Kuwait Cabinet Reviews Revoked Nationality Cases and Ensures Citizen Rights
Deputy Prime Minister and Minister of State for Cabinet Affairs Sherida Abdullah Al-Muasherji stated that the Cabinet was briefed on the official delegation accompanying His Highness the Amir Sheikh Meshaal Al-Ahmad Al-Jaber Al-Sabah on his upcoming visit to Paris next week. The delegation includes the Minister of Defense Sheikh Abdullah Al-Ali Al-Sabah, Minister of Foreign Affairs Abdullah Al-Yahya, Director General of the Kuwait Direct Investment Promotion Authority Sheikh Dr. Meshaal Jaber Al-Ahmad, Retired Lt. General Jamal Al-Dhiyab, Managing Director of the Public Investment Authority Sheikh Saud Salem Al-Sabah, and other senior officials from the Amiri Diwan and Ministry of Foreign Affairs. The Cabinet also reviewed messages addressed to His Highness the Amir from the leaders of several friendly and brotherly nations, which focused on strengthening bilateral ties and enhancing cooperation across various sectors. In another matter, the Cabinet discussed the rights of individuals whose Kuwaiti citizenship was revoked under Article 5(a) of Amiri Decree No. 15 of 1959 (concerning those granted nationality for noble deeds). First Deputy Prime Minister and Minister of Interior Sheikh Fahd Al-Youssef presented a detailed report on the issue. The Cabinet affirmed the government's commitment to preserving the dignity and rights of this group in accordance with applicable regulations. Foreign Minister Abdullah Al-Yahya briefed the Cabinet on the outcome of the recent visit by UK Foreign Secretary David Lammy. The visit, which included the second round of the Kuwait–UK Strategic Dialogue, resulted in the signing of three key agreements aimed at strengthening historical and bilateral cooperation. The Cabinet was also presented with updates on major development projects. Minister of Commerce and Industry Khalifa Al-Ajil Al-Askar, along with officials from the Public Authority for Industry, gave a visual presentation on the progress of the multipurpose service zone (formerly the Shuwaikh Free Zone). The update included measures being taken to address existing challenges in coordination with relevant authorities. Additionally, the Cabinet reviewed a comprehensive presentation on Kuwait Vision 2035, delivered by Minister of Electricity, Water and Renewable Energy Dr. Subaih Al-Mukhaizeem, and Acting Secretary-General of the Supreme Council for Planning and Development Ahmed Al-Janahi. The presentation outlined the five strategic pillars of the Vision: a knowledge-based economy, a supportive government, sustainable prosperity, empowered citizens, and the establishment of an international economic hub. It also highlighted progress on 141 key projects in the 2025–2026 development plan, including Mubarak Al-Kabeer Port, Kuwait Airport Terminal 2 expansion, New Al-Sabah Hospital, South Sabah Al-Ahmad residential project, and a 900-megawatt gas turbine project in Subiya. The Cabinet also reviewed the minutes of the Ministerial Committee for Economic Affairs, which included the approval of draft decree-laws on final accounts for independent-budget institutions for fiscal year 2024–2025. These institutions include the Central Bank of Kuwait, Kuwait Credit Bank, Kuwait Fund for Arab Economic Development, Zakat House, Public Authority for Roads and Land Transport, National Fund for SME Development, KUNA, Kuwait Institute for Scientific Research, Public Authority for Housing Welfare, Kuwait Anti-Doping Agency, CITRA, Insurance Regulatory Unit, and the Capital Markets Authority. The Cabinet approved the draft decrees and resolved to submit them to His Highness the Amir. In cultural developments, the Cabinet approved the Kuwait Oil Company's initiative to oversee the restoration of the old Ahmadi market and Ahmadi Cinema, in collaboration with the National Council for Culture, Arts and Letters and the Ministry of Finance. The Cabinet concluded the meeting by approving several agenda items and referring others to relevant ministerial committees for further study and procedural completion. Additionally, the Council of Ministers approved the minutes of the Supreme Committee for the Investigation of Kuwaiti Nationality, which included decisions on the revocation and withdrawal of Kuwaiti citizenship from certain individuals, in accordance with Decree Law No. 15 of 1959 and its amendments.
Arab Times
21-05-2025
- Politics
- Arab Times
9 stripped of Kuwaiti citizenship
KUWAIT CITY, May 21: The official gazette 'Kuwait Al-Youm' published in a special supplement the decision of the Supreme Committee for Investigating Kuwaiti Nationality to revoke citizenship for nine individuals based on Article 11 of Amiri Decree No. 15/1959 concerning the Kuwaiti Nationality Law and its amendments, reports Al-Seyassah daily. Article 11 states, 'A Kuwaiti citizen will lose his nationality if he willingly acquires a foreign nationality. His Kuwaiti wife shall not lose her nationality unless she acquires her husband's new nationality. His minor children shall lose their Kuwaiti nationality if they acquire their father's new nationality, under the laws of the country granting the new nationality.
