As the Kuwaiti economy continues to modernise, there has been a growing acknowledgment that the legal system must expand, as well as become more sophisticated, to handle the requirements of modern businesses.  Seizing the aspirations of the Vision, the government has passed a series of laws governing a range of sectors, including laws relating to the protection of competition, taxation, foreign investment, public-private partnerships (PPP's), anti-money laundering, regulation of companies, and protection of labour and capital markets.

Shaping Policies in Light of the Vision

In 2007, Kuwait passed the Competition Law which aims to ensure fair competition in Kuwait and affects a wide variety of areas, from mergers and acquisitions to the fixing of prices for goods. As with so many other laws passed in recent years, the Competition Law also creates an authority for greater oversight of the protection of competition in Kuwait.