Kuwait's Cabinet held a meeting to review a series of national security, economic, and legislative matters, reaffirming the government's commitment to protecting the country's stability while approving several significant initiatives.
During the meeting, the Minister of Defense confirmed that Kuwait's Armed Forces remain fully prepared and have implemented all necessary measures to safeguard the country's sovereignty, territorial integrity, and the security of both citizens and residents.
The Cabinet praised the readiness of the Armed Forces and emphasized the importance of maintaining a high level of preparedness to protect the nation under all circumstances.
The Cabinet also strongly condemned the drone attacks targeting the Abdali border crossing, which the official statement attributed to Iran and its proxies, describing the incident as a violation of Kuwait's sovereignty and national security.
It reaffirmed Kuwait's full right to self-defense and its commitment to taking all necessary measures to protect its sovereignty and territory in accordance with international law.
On the economic front, the Cabinet reviewed a 7.85 billion in liquidity while maintaining Kuwait Oil Company's ownership of the assets and operational control.
According to the Cabinet, the project represents the largest foreign direct investment in Kuwait's history and supports the country's broader economic and financial objectives without transferring ownership of strategic assets.
In the legislative sector, the Cabinet approved a draft decree-law regulating charitable and humanitarian work to strengthen governance, improve transparency, unify charitable activities, and reinforce institutional practices.
The proposed legislation is intended to enhance oversight of the charitable sector while improving organizational efficiency under the approved legal framework.
The Cabinet also welcomed Kuwait's successful issuance of $6 billion in international sovereign bonds across three tranches, noting that the strong investor demand reflects international confidence in Kuwait's credit profile and solid financial position.
The Cabinet described the successful bond issuance as a positive indicator of the country's economic resilience and its strong standing in global financial markets.
The meeting concluded with a renewed commitment to protecting national security, supporting sustainable economic growth, and advancing legislative reforms that serve the public interest and strengthen Kuwait's long-term development strategy.
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