Kuwait City: Insurance companies, insurance brokers, companies practising real estate brokerage, real estate offices dealing with gold and precious metals and money exchange companies have been ordered to appoint Kuwait auditors effective Jan 1, 2020 to fight money laundering.

The Ministry of Commerce and Industry (MoCI) issued an edict which is expected to generate nearly 16,000 job opportunities for Kuwaiti job-seekers in the private sector, reported Kuwait Times.

The Ministry of Education (MoE) has decided to lay off a third batch of expats effective July.

The majority of those to be terminated work for Hawally and Farwaniya educational governorates and the lists of the suggested names had been submitted to minister Al-Azmi for approval to proceed with the policy of replacing expats with citizens.



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