Objectives of the Union

 1. To study local, territorial and international market and to probe the opportunities and challenges it provides to the Kuwaiti investors.

 2. To provide detailed database on the member companies of the union and to available the same on the website of the union

 3. To provide data and information on different activities of different sectors, the market, prices, raw materials, workers, etc. provided that such information must be complete, accurate and updated.

 4. To provide advice to companies in the investment fields, to promote services, debts management, to develop and promote companies      and how to assist in the development of management system.

 5. To promote high quality economic services to save time and effort. Further to prepare short term business plans to achieve the comprehensive objectives of the plan, provided that this plan must be flexible and adjustable to quickly apply business techniques and procedures as soon as possible.

 6. To contribute and participate with the Ministry of Commerce and Industry in the preparation of investment promotion strategy in Kuwait and to make this strategy available in the international investment plan. This will be made in collaboration with the efforts of several authorities, particularly Ministry of Foreign Affairs and Ministry of Planning with the assistance of the international offices specialized in investment promotion.

 7. To contribute in the adaptation of honorable competitive atmosphere among all investment companies. This can be made via provision of well-informed knowledge and good understanding of different issues and topics.

 8. To provide accurate and comprehensive information on the Kuwaiti economy and its different sectors, to set up database on the financial positions of the financial investment institutions that have multi business and to coordinate among them in collaboration with Kuwaiti Chamber of  Commerce and Industry.

 9. To follow up the flow of different foreign investments all over the world undertaken by international organizations, such as BIS, IMF and Arabian investment guarantee institutions and to provide the same within appropriate information system to make it easy to take decisions.

 10. To calculate all direct foreign investment in Kuwait based on international concepts and definitions employed in this respect via setting up a unite having contract with the main authorities concerned with collecting the data of direct foreign investment in Kuwait ( Foreign Capital Investment Office ) and to link this unit via computer network.

 11. To prepare research studies on the impact of some international agreements, such as partnership agreement with the European Union, and USA in order to evaluate this agreement and to determine its impact in the movement of direct foreign investment, local and foreign investors in Kuwait.

 12. To reinforce with the international organizations and investment agencies to benefit from their experience and to keep continuous contact and coordination with all forms of business associations in Kuwait and abroad to activate the establishment of completed projects, to organize seminars and visits to investors to propagate investment atmosphere in Kuwait.

 13. Ideal utilization of the available potentialities to make international market aware of the investment opportunities in Kuwait and top priority projects of  the national economy as well as all issues that may activate investment inside the country in collaboration with the Ministry of Foreign Affairs.

 14. To conduct negotiations and to conclude agreements between foreign investors and the union with the existence of Kuwaiti partners in case of combined projects. The union will facilitate these negotiations, remove impediments and confirm agreements via preparing the same to all parties.

 15. The union will contribute in the development of stock exchange via proposing legislative reforms to complete the institutional bodies of the stock exchange. There is no doubt that the flourish of the stock exchange will provide necessary finance to investment companies and promote the success of privatization.

 16. To promote the appropriate legal framework to protect investment. This framework is considered as one of the important elements to improve investment environment, the stability of the economic system. All these are essential conditions design to attract private investments, to provide legal protection and facilitating transactions that as well as the measures that provide sound legal framework, encourage capitalist accumulation and reduces transaction costs. Further it grants investors that feeling of actual stability required for any long-term investment.