National Assembly approves public tenders, insurance bills in first reading

The National Assembly on Wednesday okayed, in the first reading, bills on amending the public tenders law to prioritize small and medium-sized enterprises.

The move also aims to encourage Kuwaiti entrepreneurs to take part in the large tenders.
A total of 43 MPs, who attended the session, voted for the proposals.

Meanwhile, the legislature endorsed in the first reading a draft law on regulating insurance services to be in line with regional and global changes in this sector. Thirty-four MPs voted for the draft, while 13 voted against it.