Faq

About Kuwait

 

 

 

Kuwait Offset Program and The National Offset Company

    Kuwait Offset Program was established in accordance with the Council of Ministers’ Decision NO. 694/1992, and was managed through the countertrade “Offset” Department within Kuwait Ministry of Finance (MOF). Almost two decades after its inception, the National Offset Company (NOC), a state owned Shareholding Corporation, commenced operations on September 2006, to manage the Offset Program on behalf of MOF as per the management contract signed between both parties.