Cooperative Societies in Kuwait recorded over one billion dollars in sales in 2001

Published February 5th, 2002 - 02:00 GMT
Al Bawaba
Al Bawaba

The Head of the Kuwaiti Cooperative Societies Association, Talak Al-Heim, revealed that sales of local cooperative societies totaled 378 million Kuwaiti Dinars ($1.2 billion) in 2001. Al-Heim added that 19 percent of these sales were national products, reported Al-Ittihad . Addressing the Second Kuwaiti Manufacturers Conference, Al-Heim asserted that local cooperative societies play a key-role in supporting national production through a range of diversified mechanisms. The societies organize shopping festivals to promote their merchandise. — (menareport.com) 

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