Arabic source examples:

State of Kuwait · Statutory text

Article 187 of Companies Law

English translation

The regulatory authorities may require companies subject to their supervision to include among the members of their boards of directors one or more independent members possessing experience and competence, selected by the ordinary general meeting, which shall determine their remuneration in accordance with the governance rules, provided that their number does not exceed half of the board members. An independent member is not required to be among the company’s shareholders.
Arabic original
للجهات الرقابية أن تلزم الشركات الخاضعة لرقابتها بأن يكون من بين أعضاء مجلس الإدارة عضوًا أو أكثر من الأعضاء المستقلين من ذوي الخبرة والكفاءة تختارهم الجمعية العامة العادية وتحدد مكافآتهم وفقا لقواعد الحوكمة، على ألا يزيد عددهم على نصف أعضاء المجلس، ولا يشترط أن يكون العضو المستقل من بين المساهمين في الشركة.

Ask about this article

Guidance based on this article and the Kuwait legal sources available on this platform, separate from the original text.

Continue your case in the legal workspace

Open legal workspace