It is out there, believe it or not.. and yes.. in Kuwait! 

Social media is now trending as almost every company in Kuwait is starting its basic social communication channels via facebook & twitter, as well as touch-base-ing with bloggers. Social media is intended to measure the actual customer experience, evaluate it, provide help, and keep in touch with customers. All that is fairly enough to ensure that customers are “truly” loyal to your business.

So, how does social media bribery occur?

Simple.. contracts, contract, contracts… and contracts! Some corporates are actually signing up contracts and paying loads of money to some well-known on-line and off-line celebs to talk about and defend them, even though they’re subscribed with other corporates. Casting false messages, as well as promoting false media! Wooh! Wain 9erna ya jema3a? That company – in specific- should spend these huge amounts of money on recruiting more “Call center agents” and service enhancement.. enough said?

There are two types of bribery agreements:

• Encourage the “bribed” to promote the “briber”, and attack the “bribers’ competitors”.
• Silence the “bribed” from attacking the “briber”.

It will definitely fireback at some point.. lama tetsakkar el7anafeya .. So, if your company has got itself into the bribery swamp.. Allah y3eenkom!

I would really love to read your input regarding this topic… drop a comment

The case was postponed from Jan. 29 to Feb. 8 to negotiate over the settlement. so its scheduled for today in Atalanta timezone

I’ll add any updates we get.

*UPDATE*

DUBAI (Zawya Dow Jones)–Kuwait’s logistics firm Agility (AGLTY.KW) said Monday a U.S. court entered a not guilty plea on its behalf as the company continues talks to settlement a case over allegations it overcharged on about $8.5 billion worth of contracts.

“The court agreed to assign the case for purposes of setting a briefing schedule and entered a plea of ‘not guilty’ on the company’s behalf to allow the case to move forward,” Agility said in an emailed statement after the court session.

“The request for a briefing schedule is intended to preserve PWC’s rights while the company and the Department of Justice conduct discussions aimed at a resolution of the case.”

مجلس الوزراء يقر مرسوم ضرورة لقانون

تعزيز الوضع الاقتصادي

Kuwaitnews SMS

It took them long time to take this step! as I know this will help all the banks to give more loans out to circulate the huge amount of cash they have now and cant even pay it’s interest by the end of 2009. so we may expect a new large volume wave on the banks with their undervalued prices it’ll sure jump back up.. and again im mentioning the banking sector only. since most of the companies which are not under the supervision of the CBK will not benefit from it unless it accepts all the restrictions that the Central bank and “dewan elmo7asiba” will impose on them.

UPDATE:

مصدر حكومي: قانون تعزيز الاستقرار الاقتصادي لا يتضمن تعديلات “الشعبي”