The Board of Directors of the newly established Kuwait Direct Investment Promotion Authority (KDIPA) held its second meeting on Wednesday October 9, 2013 headed by the Deputy Chairman Mrs. Wafa Ahmad Al Qatami. The Board discussed and approved KDIPA’s first draft budget for the fiscal year 2014/2015, and the draft administrative procedures for its employees. The Board authorized KDIPA’s Director General to follow the needed procedures to obtain the necessary approval from competent authorities.