Non Kuwaiti Hold On Real Estate To Be Ended

A committee formed by the Ministry of Commerce and Industry is preparing preliminary report including a recommendation to withdraw the licenses of real estate brokers because 60 percent of these offices – which amounts to more than 5,000 – violate the law and are run by expatriates, reports Al-Shahed daily quoting knowledgeable sources. The sources said the Ministry of Commerce is determined to eliminate the hold on real estate by non-Kuwaiti brokers.

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