Top Ministries in Kuwait
Marcopolis.net presents the list of top ministries, public and private institutions in Kuwait.
Top Ministries in Kuwait
The Amiri Diwan
The Amiri Diwan (or Al-Diwan Al-Amiri as it is known in Arabic) is seen as one of the symbols of the State of Kuwait’s sovereignty. It is the headquarters and the permanent centre of the country’s rulers. The Amiri Diwan is the Amir's Office.
Ministry of Interior
Kuwait Ministry of Finance
There are numberous public sector institution under the Ministry of Finance such as Kuwait Investment Authority.
Ministry of Foreign Affairs
There are numberous public sector institution under the Ministry of Finance such as Kuwait Fund for Arab Economic Development.
Kuwait Ministry of Oil
There are numberous public sector institution under the Ministry of Finance such as KPC.
Ministry of Commerce & Industry
The ministry is responsible for brining investments into the country throught various bodies such as Kuwait Kuwait Foreign Investment Bureau (KFIB), National Offset Company, Kuwait Partnerhip Bureau (PTB)
Top Public Sector Institutions in Kuwait
Kuwait Fund for Arab Economic Development (KFAED)
Sheikh Mohammad Al-Sabah Al-Salem Al-Sabah | Chief of Kuwait Foreign Investment Bureau
Kuwait Fund For Arab Economic Development is the first institution in the Middle East that took an active role in the international development efforts. Kuwait Fund for Arab Economic Development (KFAED) is marking the 50th anniversary of its establishment and a legacy of 788 loans in support of development and sustainable development worth KD 4.439 billion, USD 15.094 billion.
Interview: Kuwait Fund: 50 Years of Aiding Countries in Development
Article: Kuwait: Helping Developing Countries in Development
Kuwait Foundation for the Advancement of Sciences
Kuwait Foundation for the Advancement of Sciences (KFAS) is a private, non-profit organization, established by an Amiri Decree issued on December, 12th 1976 (Thul-Hijjah, 21st 1396 AH). KFAS is managed and administered by a Board of Directors (BOD), chaired by H.H. the Amir of the State of Kuwait. The Board is comprised of six members appointed by H.H for a period of three years. KFAS receives financial contributions by the Kuwaiti Shareholding Companies, amounting to 1% of the net annual profit.
Kuwait Foreign Investment Bureau (KFIB)
Sheikh Dr. Meshaal Jaber Al Ahmed Al Sabah | Chairman of Kuwait Foreign Investment Bureau
KFIB was established in 2003 as a division under the Ministry of Commerce & Industry in accordance with Law no. 8/2001 and the relevant executive orders with the mandate to attract Foreign Direct Investment (FDI) into the State of Kuwait, and to serve as first entry point for foreign investors to facilitate establishing their investment projects.
Interview: Investment in Kuwait | Kuwait's Foreign Direct Investment (FDI)
National Offset Company
Anwar Abdul Rahman Al-Jawdar | Chairman
The Offset Program of Kuwait is an obligation that foreign government or private (commercial) entities incur upon winning civil or defense contracts from Kuwait government entities; an obligation that could be satisfied through the implementation of investment projects in Kuwait or offshore, and that could add value to the national economy of Kuwait.
Kuwait Partnership Bureau (PTB)
Adel Mohammad Al-Roumi | Director General
Established under Decree No. (146) of the year 2008, the Partnerships Technical Bureau (PTB) considers governmental projects and unsolicited proposals forwarded by the Higher Committee to identify potential developmental projects that can be implemented by establishing a partnership between both the relevant public entity and interested parties from the private sector in accordance with the provisions of Law No. 7 of 2008 to regulating all Public Private Partnerships (PPP) projects in the State of Kuwait.
Top Private Sector Institutions in Kuwait
Kuwait Chamber of Commerce and Industry
Ali Mohammed Thunayan Al-Ghanim | Chairman
KCCI is a Non-profit, self financed private institution, established by Ameri decree issued in 1959.Currently the registered members exceeds 79000 and represents the general assembly. The general assembly elects 24 members for the Board of Directors for a period of 4 years, half of whom are elected every two years.