Kuwait Court of Cassation principle number 693

Prohibition on a non-Kuwaiti engaging in trade alone except through a Kuwaiti partner holding at least 51% of the capital. The reason for this prohibition. Its connection with public policy. - A contract's contravention of a rule concerning public policy. Its sanction. Absolute nullity. The effect of this nullity. Example. Purchasing goods under a contract to sell them at a profit. A commercial act. - Dealing in currency. A commercial act even if undertaken in isolation, irrespective of the capacity or intention of the person undertaking it.