PIC awarded best Arab company in 2019

KUWAIT CITY, Dec 8, (KUNA): Kuwait Ministry of Commerce and Industry on Sunday announced that it has received 2,040 brand request applications online last November.

In a press statement, the ministry said that it had completed 905 transactions for registering a trademark, 807 for publishing a trademark, and three transactions for registering a trademark and issuing a certificate for it.

It noted that it completed 243 trademark renewal transactions and 345 visa applications by changing the title and name of the owner of the brand, transferring its ownership, striking out a registration and changing the name of the registration agent.

The ministry also pointed out that 607 transactions for publishing the renewal of brands were completed, in addition to receiving 15 appealing applications, adding that it obtained fees for all previous transactions by 249,003 Kuwaiti dinars (about $822,000).

Kuwait’s Petrochemical Industries Company (PIC) said Sunday that the company has been awarded the best Arab company for the year 2019, and its chairman as the best Arab chief executive for the same year.

PIC’s Executive Chief has been awarded by Arab Best foundation as the superlative Arabian chief, during a ceremony organized by Arab’s Best General Secretariat in Marrakech-Morocco, PIC said in a press release.