Kuwait Forces Companies to Hire National Auditors in an Attempt to Create Nearly 16,000 Jobs


The Ministry of Commerce and Industry (MoCI) issued a decision mandating all insurance companies, insurance brokers, companies practicing real estate brokerage, real estate offices dealing with gold and precious metals and money exchange companies to appoint Kuwait auditors effective Jan 1, 2020 to fight money laundering. Al-Qabas daily had reported yesterday that the move is expected to generate nearly 16,000 job opportunities for Kuwaiti jobseekers in the private sector.

State departments seem to be continuing the replacement policy in various fields, hiring more Kuwaiti advisors specialized in IT systems to replace expats.

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