Yes. Only, companies are allowed to register a Sender ID.
You can buy a private Sender ID for one time fee, and use it forever for Kuwait networks.
(Personal/Individual SenderID names only allowed during elections)
Sender ID/Originator for outside Kuwait cost varies depending on the country. Also, activation takes much longer, 1-2 months, sometimes longer.
Sender ID activation not guaranteed and subject to telecom rules.
+ Is it possible to change my account number?
+ How to add OTP messages to my App or website?
+ How much does the API integration costs?