Kuwait Publishes Decree Reorganising Silk City Development Authority

On 8 November, Kuwait published Decree No. 175 of 2026, abolishing the Silk City and Boubyan Island Development Authority established under an earlier decree. The Council of Ministers will allocate its responsibilities and transfer related contracts, agreements, projects and obligations to designated government bodies. Existing development projects are not automatically cancelled by this decision. The decree creates demand for government-contract advisers, legal consultants, regulatory specialists and project-compliance professionals. HPC can support regulatory monitoring, legal-sector introductions and public-project research.