Expats not allowed to join Co-operative funds

The Co-operative Store at Jabriyah. (malaysianinkuwait)

Many expatriate workers in Kuwait are a bit anxious where to buy food, groceries and other necessities even before they first set foot in Kuwait. But once they’re here, they find it easy to actually have a Co-op (Cooperative) shop in every block of the housing area that makes their life easier. They can buy most necessities and prices are relatively cheap.

However, although expatriates can buy, shop and enjoy the conveniences at Co-op stores, much as their finances are more than enough, they are not allowed to join in shareholding funds. Ministry of Social Affairs and Work¬†Undersecretary, Matar Al-Muteiri confirmed in a press statement that Co-operative Society stores don’t need additional investment because these have already gained substantial growth in sales and profits.

The Co-operative Store at Jabriyah. (malaysianinkuwait)
The Co-operative Store in Jabriyah. (malaysianinkuwait)

Source: Times Kuwait

About Kabayan 847 Articles
Global Pinoy

Be the first to comment

Leave a Reply

Your email address will not be published.