Kuwait Post Company Draft Law Finalized

In a strategic move aimed at revolutionizing postal services across the nation, the Ministry has concluded the finalization of a draft law for the establishment of Kuwait Post Company. This innovative venture is set to operate as a Kuwaiti public shareholding company, boasting complete state ownership and a substantial capital investment of KD 50 million. As an entity with independent legal status, Kuwait Post Company is poised to carry out its activities and achieve its objectives in strict adherence to the law and its articles of association.

The primary focus of the company is to effectively manage all facets of postal services, spanning both domestic and international realms, while also overseeing associated facilities and operations.

The anticipated timeline for the company to take over the responsibilities of the postal sector within the Ministry of Communications is set at six months from the formal issuance of its articles of association.

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