The project represents an important tool for empowering small businesses and diversifying the economy by breaking monopolies. Strict laws prevent large entities from imposing crippling barriers aimed at excluding startups or preventing them from entering the market. The project’s main strategic objectives are: 1. Transforming Kuwait into a regional financial and commercial hub that attracts investment. 2. Increasing local production and growth rates in non-oil sectors. 3. Empowering the private sector and effectively engaging it in the country’s economic activity. 4. Protecting consumer welfare by providing essential products of the highest quality at the best prices. 5. Preventing and penalizing monopolistic behavior and anti-competitive practices. 6. Developing and training national talent according to the best international practices.
By Najeh Bilal Al-Seyassah/Arab Times Staff
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