Kuwait Court of Cassation principle number 214

Depositing funds with banks or companies, investing funds with them, and dealing in foreign currency and precious metals. Permissible for a non-Kuwaiti. Law 45/1989 amending Article 23 of the Commercial Code. The condition for this exception, its rationale, the limits of its application, and the companies to which it applies. - Repeal of legislation may be implied through the enactment of new legislation containing a provision inconsistent with an old provision. A special provision restricts a general provision. - 46 - Commercial