Kuwait Chamber of Commerce and Industry
The Kuwait Chamber of Commerce and Industry was established by virtue of a decree-law issued in 1959 that gave it a distinguished institutional status, with a legal personality that is financially and morally independent.
The Kuwait Chamber of Commerce and Industry consists of the General Assembly; It includes merchants and industrialists affiliated with the Chamber. Board of Directors; It consists of 24 members, and the term of membership is four years, subject to renewal, and half of the members are elected every two years. And specific committees emanating from the Board of Directors, which include the Bureau Committee: Administrative and Financial Committee, Arbitration and Registration Committee. , industry and labour, trade and transport, finance and investment, public projects and housing.
Since its establishment in 1959, the Chamber has contributed to the development of economic and social policies through its representation of the private sector in many permanent specialized councils and committees, such as the Supreme Committee for Development and Economic Reform, the Board of Directors of the Public Authority for Industry, the Board of Directors of the General Organization for Social Insurance, and the Supreme Advisory Council for Labor Affairs.
For nearly forty-five years, during which the Chamber participated in setting and drafting various legislations and laws related to economic activity in the country.
The Chamber has historical initiatives as it was the first to call for the establishment of a number of agencies and institutions whose absence represented a clear shortcoming in the structure of public administration. The Kuwait Chamber of Commerce and Industry was the first to call for the establishment of a free trade zone, the Kuwait Stock Exchange, the Stock Exchange, the Industrial Bank of Kuwait, the Public Authority for Industry, the Export Development Center, and the Kuwait Foundation for the Advancement of Sciences.
The Chamber’s activity is not limited to that, but rather expands to include many other areas, such as arbitration in commercial disputes through the Kuwait Center for Commercial Arbitration, which the Chamber embraces, and provides its services in the field of training. The Chamber is currently studying the possibility of applying the e-commerce system in the country in line with current and future developments.
Phone / 009652433855
Fax / 0096522404110
Website / firstname.lastname@example.org