Faisal

7 Apr 2026

Kuwait’s Minister of Commerce and Industry, Osama Boodai, has banned… – Faisal

Kuwait’s Minister of Commerce and Industry, Osama Boodai, has banned cash transactions above KD 10 in select sectors, promoting digital payments. The rule applies to gyms, salons, pest control firms, and more, with strict penalties for violations. The move aims to improve transparency, regulate financial practices, and encourage a shift toward a cashless economy. #Kuwait #DigitalPayments #Cashless #Economy #Finance #Business #Regulation #MiddleEast #Innovation #Policy