KuwaitPR.com, Online Press Release from Kuwait
Featured in Banking and Investments
Burgan Bank Announces Winners of its Summer Power of 22 Campaign

Rewarding 11 winners with a selection of great prizes     Kuwait, 4th July 2022:  Burgan Bank announced the winners in its Power of 22 summer campaign for Mastercard credit card holders, where the Bank held the first draw of the campaign on Sunday 3rd of July for eligible customers who used their cards locally or internationally during the period from June 1st to June 30th, 2022.   A total of 11 winners were rewarded with several great prizes from Burgan Bank, with the top three winners receiving rewards in the form of Qatar Airways miles (Avios). The first winner received three million Avios, followed by the second winner who received two million Avios, while the third received one million Avios. Moreover, eight lucky customers won iPhones devices. Furthermore, the chance is still available to enter ......read more

Burgan Bank Announces the Winner of the Al-Thuraya Salary Account Monthly Draw

Kuwait 3, July 2022:  Burgan Bank, announced today Mr. QAIS ABDULHALEEM MOHAMMAD MAARAFI as the lucky winner of the draw prize of Al-Thuraya Salary Account monthly draw.  The draw rewards new and existing customers who transfer their salary to Burgan Bank by offering them a chance to win KD 10,000 every month. Each account holder has one chance to enter the draw. The Al-Thuraya account holders have the option to hold money in Kuwaiti Dinar and other major currencies and can access account-related services such as standing orders, loans and credit cards, and benefit from the discounts and offers throughout the year.

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Kuwaiti Luxury Retailer, Trafalgar Luxury Group, Announces Leadership Reshuffle

● Trafalgar Luxury Group (formerly Trafalgar) has reshuffled its senior leadership to spearhead expansion plans across the region ● The Group will also establish its head office in Dubai later this year, a strategic step to further establish the Group in the region   Dubai, UAE - July 4th, 2022 – Following the announcement of its rebranding, homegrown Kuwaiti luxury retailer, Trafalgar Luxury Group has announced its internal senior leadership reshuffle to lead the revised vision and five strategic ambitions to ensure it is being implemented across the Group.    Having announced three distinct verticals, these being 1. Watches and Jewellery, 2. Fashion and 3. Technology, a dedicated team is specific to each vertical to guarantee strategic and operational agility. This is in line with ......read more

Burgan Bank Wins J.P. Morgan's ‘Elite Quality Recognition' Award for 2021

The only Bank in Kuwait to have won the Award for the period from 2001-2021 consecutively   Mr. Mohammad Najeeb Al-Zanki, Head of Corporate Banking - Assistant General Manager, and Mr. Mohammad Al Zayed, Head of Operations at Burgan Bank receiving the award from J.P. Morgan’s representatives Kuwait, 2 July 2022 Burgan Bank recently received the coveted ‘Elite Quality Recognition Award’ for the year 2021 from JPMorgan Chase N.A., in recognition of its consistently high-quality performance. The award highlights the Bank’s advanced standards maintained in the complete range of client US Dollar funds transfer operations by both management and staff. J. P. Morgan Chase commended the Bank for achieving 99.91 percent straight-through processing (STP) in the MT103 category and 99.89 percent for the MT202 ......read more

Burgan Bank Welcomes Talents with Disabilities into its Family

As part of its participation in the “Partners to Hire” Campaign and Forum   HRD and PR representatives with the graduates during the ceremony Kuwait, 30 June, 2022:  Burgan Bank recently took part in the graduation ceremony for the second and third batch of participants in the “Partners to Hire” program, which seeks to train individuals with disabilities in the field of customer service. The ceremony took place under the auspice and in the presence of the Minister of Health, His Excellency Dr. Khaled Al-Saeed, who honored all organizations supporting people with disabilities. The ceremony witness also the attendance and participation of leading figures and various prominent entities. Burgan Bank took part in the career forum, which was organized by the Public Authority for Disability Affairs aimed ......read more

Burgan Bank Continues its Support for the ‘Let's Be Aware' Financial Literacy Campaign

To promote financial literacy and banking awareness amongst bank customers and within the community at large Group Head of Corporate Communications Kholoud AlFeeli with Burgan Bank’s public relations team Kuwait, 29 June 2022:   For the second year in a row, Burgan Bank is continuing its support of the “Let's Be Aware” (Diraya) financial awareness campaign, sponsoring and participating in various internal and external activities. In line with the Bank’s social responsibility program and under the umbrella of its sustainability platform, this has included recent events such as Al Ahmedi Governate’s third blood donation campaign and the Bank’s own internal blood drive.  Through its participation in these events, Burgan Bank is seeking to utilize this effective public platform, ......read more

Burgan Bank Offers Free Eidiya Delivery Service to Premier Banking & Private Banking Customers

Kuwait, 28 June 2022:  Burgan Bank announced the free Eidiya delivery service to Premier Banking and Private Banking customers in collaboration with “Qiblah” company for concierge services. Through this convenient service, Eidiya cash denominations can be ordered and delivered to the customers at their request to the address of their choice.   Customers can order Burgan’s free Eidiya delivery service by calling 22317755 or sending an email to Burganpremier@qiblah.com.kw from 26th of June till 5th of July 2022, from 10 am to 4 pm.  Burgan Bank also provides, in cooperation with Qiblah concierge the Premier Concierge service, which is one of the various and exclusive benefits available to Premier Banking customers. Premier Concierge includes a package of more than 20 convenient services that ......read more

Burgan Bank Convenes its 57th Ordinary General Meeting

Mr. Masoud M. J Hayat and Mr Raed Abdullah Al Haqhaq during the 57th AGM  Attendees at the AGM Kuwait- June 23d, 2022:  Burgan Bank has convened its 57th Annual General Assembly meeting on Wednesday 22nd of June at KIPCO Tower with a quorum of 85.138%. During the meeting, all the items on the Assembly’s agenda were approved, including the nomination of the Board of Directors for the 2022-2024 board cycle. In conformity with the Central Bank of Kuwait’s mandate on independent Board membership, Burgan Bank shareholders have elected five independent board members with proven leadership and extensive expertise.  Following its first meeting, the new Board of Directors announced that it has elected Sheikh Abdullah Nasser Sabah Al Ahmad Al Sabah as a new Chairman to succeed Mr. Majed Essa Al Ajeel, who ......read more

Burgan Bank Sponsors and Participates in Al Ahmadi Governorate's Blood Donation Campaign

As part of its social responsibility program supporting the community’s health and wellbeing    Kuwait - 21, June 2022:  Burgan Bank announced its sponsorship and participation in the third Al Ahmadi Governorate Blood Donation Campaign, that will be held at Al Kout Mall on the 24th of June 2022, under the auspice of His Excellency Sheikh Fawaz Khaled Al-Hamad Al-Sabah, Al Ahmadi Governor. This year’s campaign is organized under the slogan “A Drop of Your Blood…A Life for Others” and aims at highlighting the importance of donating blood throughout the year to help supply the blood bank’s stock with all blood types.  On this occasion, Burgan Bank invites all able and healthy individuals to take lead with a selfless, generous act of social responsibility and donate ......read more

Burgan Bank Appoints Hameed Abdul as Chief Consumer Banking Officer

Mr. Hameed Abul, Chief Consumer Banking Officer at Burgan Bank   Mr. Raed Abdullah Al-Haqhaq, Deputy Group Chief Executive Officer & CEO – Kuwait at Burgan Bank Kuwait, 15 June 2022:  Burgan Bank recently announced the appointment of Mr. Hameed Abul as Chief Consumer Banking Officer, following the approval of the Central Bank of Kuwait in June 2022. In his new position, Abul is responsible for formulating and implementing comprehensive strategies for the Bank’s Consumer Banking Group, in addition to leading and directing the Bank’s consumer arms towards achieving growth, increasing profits, and reducing potential risks. On this occasion, Mr. Raed Abdullah Al-Haqhaq, Deputy Group Chief Executive Officer & CEO - Kuwait at Burgan Bank said “We are delighted to have Mr. Hameed Abul join the ......read more

Ogilvy Promotes Elaine Grell to Chief People Officer across EMEA

June 14, 2022 – Ogilvy has promoted renowned People leader Elaine Grell to the position of Chief People Officer across EMEA. While now responsible for the EMEA region,  Elaine will continue to work closely with Fiona Gordon, CEO Ogilvy UK, to strategically drive the UK People agenda. Elaine will lead the agency network’s People teams and drive its "people first" strategy, ensuring Ogilvy continues to be  the best place for people to grow their careers.  Before coming to Ogilvy, Elaine worked in the hospitality, leisure and real-estate industries in the UK and US for IHG, British Airways and The Collective. She is a fellow of the Chartered Institute of Personnel Development and holds an MBA from the Open University.  Elaine has also been a trustee of The Springboard Charity for the last ......read more

Burgan Bank Celebrates its Graduates from the Kafa'a Leadership Development Program

As part of a strategic cooperation with Harvard Business School   Mr. Raed Al-Haqhaq, with H.E. Basel Al Haroun and Dr. Yaqoub AlRefai, honoring graduates. Kuwait - 6, June 2022:  In a ceremony held at the headquarters of the Central Bank of Kuwait, Burgan Bank honored its national cadres who graduated from the Kafa’a Initiative in the Executive Leadership Development Program within the banking and financial sector. The ceremony was held under the auspice and in the presence of H.E. Basel Ahmed Al Haroun, Governor of the Central Bank of Kuwait and Chairman of the Board of Directors of the Institute of Banking Studies (IBS), as well as the presence and participation of Dr. Yaqoub Al-Sayed Yousef AlRefai, Director General of IBS, and also a remarkable presence by the leaders of the banking and financial sector, ......read more

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account'

Kuwait, 4 June 2022:  Burgan Bank announced today the names of the Kanz account monthly draw winners, who will each take home a KD 1,000 cash-prize. All Kanz customers who maintain a minimum balance of KD 200 for at least one week before the draw date, are included in the draw, and their chances of winning increase with higher deposits.  The 20 lucky winners are:  • MARIAM AHMAD BITTAR • RAWAN TALAL MARAFI  • FUAD SADEQ HUSSEIN • SAMEERAH ABDULLAH MAJAKI • IBRAHIM SHAKER ABDULRAZZAQ • BASEMAH HASAN ALDOUSSARI • AESHAH NASER ALMANSOUR • DEEMA NASER ALOTAIBI • RASHED GHANEM ABDULLAH • MOHAMMAD TEAMAH SAYER • OMAR ALNAJM • RADHIYA ASHKANANI • AWAD TAHA ALCHEKH • LAILA ALI MAKHSEED • ALI FADHEL ......read more

Burgan Bank Launches Burgan “Power of 22” Campaign offering Mastercard Credit Card Users a Highly Rewarding Experience

Kuwait, May 31, 2022:  Burgan Bank has launched “Power of 22” campaign for its Mastercard credit card holders to reward them with chances to enter a draw and win great prizes when using any of Burgan Mastercard credit cards locally or internationally. This campaign is part of the Bank’s long-term plan to take the customers’ banking experience to a whole new level with a variety of exclusive benefits and all-new rewards. During the campaign period extending from June 1st till July 30th, 2022, a total of 22 winners will be selected. With a minimum spend of KD 200 on each Mastercard per month during the campaign period, all Burgan credit cardholders will be automatically included in the campaign and will have 1 chance for every 10 KD spent locally and 3 chances for every 10 KD spent ......read more

Burgan Bank Strengthens its Engagement with National Talents Through Participation in the AUK Career Fair

Kuwait, 30 May 2022: Burgan Bank recently concluded its participation as a platinum sponsor in the Career Fair organized by the American University of Kuwait (AUK). The Bank’s participation came as a part of its ongoing social responsibility efforts to support the educational sector and Kuwait’s youth population, as well as its efforts to attract talented graduates to the banking sector. Speaking about the Bank’s participation in the fair, Ms. Halah El Sherbini, Burgan Bank Group's Chief Human Resources and Development Officer, said: “By being present in career fairs of this kind, Burgan Bank is eager to implement its human resources strategy which focuses on attracting the best talents and the most promising young professionals in the market; providing them with suitable job opportunities and the path to ......read more

Burgan Bank Continues to Spread Financial Awareness Amongst Youth

Supporting the Let’s Be Aware campaign as part of its participation in university career fairs Kuwait - 30, May 2022: Burgan Bank is continuing its support of the Central Bank of Kuwait’s (CBK) “Let’s Be Aware” campaign across all available platforms. The Bank recently took advantage of its presence at two university career fairs – at the American University of the Middle East (AUM) and the American University of Kuwait (AUK) respectively – to spread awareness about the financial and banking sector among students and visitors.  Burgan Bank’s support for this campaign stems from its belief in the importance of enhancing the level of financial awareness and promoting greater financial literacy among various segments, especially the younger generation, focusing on young men and ......read more

Burgan Bank to Soon Announce the KD 350,000 Winner of Kanz Account Semi-Annual Draw

Kuwait, 28 May, 2022 - Burgan Bank will hold the semi-annual draw of Kanz account and announce the name of the lucky winner of the KD 350,000 grand prize on July 7th. Entering the draw and earning chances to win this life-changing prize are easily accessible to any customer who opens a Kanz account before May 31st, 2022 and maintains a minimum account balance of KD 200 until the draw date. Kanz customers can increase their chances of winning the valuable prizes of Kanz account draws, which total value exceeds K.D 2.3 million annually, with higher deposits in their account.  In addition to announcing the winner of the semi-annual grand prize, Burgan Bank will announce the names of the 4 lucky winners of the KD 25,000 quarterly prizes, the 15 winners of the KD 5,000 branch draw prizes, and the 20 winners of the KD 1,000 monthly ......read more

Burgan Bank Sponsors the Ahmadi Music Group Beethoven Concert

under its continuous support to the local art and culture scene Kuwait - 22, May 2022: Burgan Bank is maintaining its commitment to support art and cultural activities in Kuwait, through its sponsorship of the latest concert by the Ahmadi Music Group held on the stage of the Sheikh Jaber Al-Ahmad Cultural Center. This sponsorship reaffirms the Bank's social responsibility program focus on enriching the Kuwaiti art and culture scene by providing classical music lovers with the opportunity to enjoy the finest musical events. Over two nights, the audience enjoyed a selection of classical Beethoven's masterpieces, including the famous Symphony No.5, performed by the Ahmadi Music Group ensemble - led by Maestro Richard Bushman, and with the participation of international musicians from the United Kingdom, Russia and Bulgaria. ......read more

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account

Kuwait, 14 May 2022:  Burgan Bank announced today the names of the Kanz account monthly draw winners, who will each take home a KD 1,000 cash-prize. All Kanz customers who maintain a minimum balance of KD 200 for at least one week before the draw date, are included in the draw, and their chances of winning increase with higher deposits.    The 20 lucky winners are:  • FATEMAH JAAFAR MAARAFI • MAHA ABDULMOHSEN HASAN • HAMAD ABDULLAH ALATEEQI • AKRAM YOUSEF • MOHAMMAD JAWAD MOHI • DALIA ABDULMAJEED ALGHARABALLI • KHALID AHMAD ALAJMI • JARRAH HAMAD ALDHAFEERI • AHMAD TAREQ ARAB • HASHEM SAYED ZARAEI • DALAL BADR ALBADR • HASHIM ALRIFAAI/FAYHAA ALIYAN • YASMEEN ANWAR ALHAMATI • MOHAMMAD ALI ALALI • ......read more

Burgan Bank Announces the Winner of the Al-Thuraya Salary Account Monthly Draw'

Kuwait, 8 May 2022:  Burgan Bank, announced today Ms. Suad Meshal Hasan as the lucky winner of the draw prize of Al-Thuraya Salary Account monthly draw.  The draw rewards new and existing customers who transfer their salary to Burgan Bank by offering them a chance to win KD 10,000 every month. Each account holder has one chance to enter the draw. The Al-Thuraya account holders have the option to hold money in Kuwaiti Dinar and other major currencies and can access account-related services such as standing orders, loans and credit cards, and benefit from the discounts and offers throughout the year.

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Ogilvy EMEA Chairman Paul O'Donnell Announces Retirement, Ending Distinguished Four-Decade Career at Ogilvy

NEW YORK- MAY 5, 2022:  Ogilvy today announced that Paul O’Donnell, Chairman of Ogilvy EMEA, will be retiring after 37 years with the agency. Throughout his tenure, O’Donnell has held a range of leadership positions spanning clients, geographies, and businesses. “It has been an honour to have worked with thousands of Ogilvy colleagues and clients across the globe during my career. It has been a rich and fulfilling experience in which I have travelled the world and helped grow brands and businesses in just about every market you can imagine,” O’Donnell said. “The longevity of my career was due to two things: working with great people and managing to bring enough variety to my roles. Now, I’m proud to leave behind a highly skilled and experienced team that is driving the business ......read more

LG Announces First-Quarter 2022 Financial Results

Highest Quarterly Revenue in Company’s History Reflect Strong Demand for Premium LG Home Appliances and Auto Parts Dubai, April 29, 2022 — LG Electronics Inc. (LG) today announced first-quarter 2022 consolidated sales of KRW 21.11 trillion (USD 17.53 billion) – the highest quarterly revenue in company history. Operating profit of KRW 1.88 trillion (USD 1.56 billion) was positively impacted by royalty income, partially offset by a one-time workforce restructuring cost.   Compared with the first quarter a year ago, revenues grew by 18.5 percent and profitability soared by 6.4 percent, reflecting very strong demand for LG home appliances as consumers around the world continue their focus on healthier living, energy efficiency and home upgrades. The vehicle component business unit’s sales increased ......read more

Burgan Bank Continues to Support the ‘Let's Be Aware' Campaign

as part of its participation in a number of local events   Kuwait, 28, April 2022: Burgan Bank is steadfastly supporting the “Let's Be Aware” (Diraya) campaign for the second year as part of its participation in several local events, including the 2021–2022 Kuwait Equestrian Federation (KEF) League, KFA | U18 Girls Football and Burgan Bank first staff Padel tournament. Through its on-ground presence at these events, Burgan seeks to engage directly with the public to spread banking awareness and promote financial literacy among all society segments, in line with its social responsibility program.  Since the launch of the “Let's Be Aware” campaign last year by the Central Bank of Kuwait (CBK) and the Kuwait Banking Association, Burgan Bank has been eagerly active in raising ......read more

Burgan Bank Announces Working Hours During Eid Al Fitr

Kuwait, 27 April 2022: Burgan Bank announced that it will be officially closed during Eid Al-Fitr holidays, starting from Sunday May 1st until Wednesday May 4th, 2022.  In order to ensure the continuation of service to customers, several branches will resume business on Thursday, May 5th from 8:30am until 3:00pm. These include the head office branch, as well as the Bank’s branches in Ahmadi, Avenues, Salmiya, Jahra -Taima, and Qurain. On the other hand, the Airport Branch will serve customers during the Eid holiday 24/7. The Call Center and WhatsApp Service at 1804080 will also be available around-the-clock to answer urgent inquiries.  On this occasion, Burgan Bank extends its best wishes and greetings to everyone.

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Burgan Bank Honors Journalists during its Ramadan Ghabqa

In appreciation of their consistent support    Kuwait, 26 April 2022: Burgan Bank celebrated journalists and media representatives during its Ramadan Ghabqa, which was recently held at Marina Hotel. This was an occasion for the Bank to honor various media outlets for supporting its success and praise their efforts in channeling information and keeping the public updated on the latest news, including economic developments, both at the national and international levels. Several members of Burgan’s senior management team, led by Mr. Majid Issa Al-Ajeel, Chairman of Burgan Bank, were present at the event, as was the Bank's public relations and group corporate communications team. Additionally, the Ghabqa was attended by many media professionals and journalists from various local media outlets, including ......read more

Burgan Bank Celebrates Gergeean at its Avenues Mall branch

As part of its Ramadan program to share the joy of Gergeean during the Holy Month Kuwait, 25 April 2022: Burgan Bank recently celebrated the occasion of Gergeean at its Avenues Mall branch. This initiative comes as part of the Bank’s comprehensive social responsibility program, which seeks to drive interaction among children and other members of society during the Holy Month of Ramadan. During the event, the Bank’s Public Relations representatives, in collaboration with Avenues branch staff, volunteered their time to bring joy and fun to many children. The employees distributed unique Gergeean gifts in the form of Kanz account money boxes and engaged with children by organizing a series of recreational activities with families and numerous visitors at the mall. The celebration of Gergeean reflects Kuwait’s ......read more

Burgan Bank Promotes the Spirit of giving during the Holy Month of Ramadan within its Annual Gergeean Program

Kuwait, 21,  April 2022:  Burgan Bank recently concluded its annual Gergeean celebrations to spread moments of joy with organizations, charitable institutions, and public associations during the Holy Month of Ramadan. As part of its annual customs and traditions, Burgan Bank’s Public Relations representatives coordinated several visits during the Holy Month, distributing many unique Gergeean gifts in the form of Kanz account money boxes; also engaging with children, the elderly, and people with disabilities through recreational activities filled with joy and pleasure. These visits covered the the Kuwait Association for the Care of Children in Hospital (KACCH), Bayt Abdullah for Children's Hospice (BACCH), Public Authority for Disability Affairs, Abeer 2 Volunteer Team for People with Intellectual Disabilities, ......read more

Burgan Bank Sponsors Kuwait Ramadan Squash Open Championship

reaffirming its support to the sports sector within its social responsibility program   Kuwait - 19, April 2022: Burgan Bank announced that it is sponsoring the first edition of the 2022 Kuwait Ramadan Squash Open Championship, which will take place during the Holy Month of Ramadan from April 14 to April 19 at the Kuwait Squash Federation courts. The Bank’s sponsorship of this event comes within its comprehensive social responsibility program, which supports a variety of initiatives with the aim of promoting a more vibrant sports culture in Kuwait and empowering local talented youth. The tournament will feature about 112 individual players organized into teams in four categories. Two categories are dedicated to professional and enthusiast male athletes, one category for female players, and another for coaches. The top ......read more

Burgan Bank Offers Free Eideya Delivery Service to Premier Banking & Private Banking Customers

Kuwait - 19, April 2022: Burgan Bank announced today the free Eideya delivery service to Premier Banking and Private Banking customers in collaboration with “Qiblah” company for concierge services. This service enables Premier Banking and Private Banking customers to receive new bank notes before the Eid holidays at their offices or homes for the comfort at that time of the year.  To request this service, Premier and Private Banking customers can simply contact Qiblah concierge services from 10 am to 4 pm, by calling 22317755 or emailing Burganpremier@qiblah.com.kw to request the amount of Eideya money required and state their address in order for the concierge messenger to deliver it accordingly. Noting that this service is available from 19th of April till 28th of April 2022. The Eideya delivery service ......read more

Burgan Bank launches the Travel Carnival Campaign

In an effort to enhance customers’ banking experience Kuwait - 18, April 2022: Burgan Bank recently launched its all-new Travel Carnival campaign as part of Burgan Rewards Program for all eligible Burgan credit card holders. The campaign aims at providing customers with the opportunity to double their points upon using their credit card for making travel reservations. This is a continuation of the Bank’s commitment to enhance its customers’ banking experience by offering them a variety of exclusive benefits and bonus rewards that are in line with their lifestyle and needs. During this two-week campaign, which extends from April 17 to 30, 2022, Burgan Bank customers will be able to double the points or miles they earn when using any Burgan Bank credit card to pay for travel-related purchases, including ......read more

Burgan Bank Sponsors Sheikh Nasser Sabah Al-Ahmad Prize for Best Domestic Athlete

Confirming its Commitment to Elevating the Sports Sector and Supporting Talented Athletes Kuwait - 12, April 2022: Burgan Bank has announced its sponsorship for Sheikh Nasser Sabah Al Ahmad Prize for Best Domestic Athlete, under the sports initiatives of its comprehensive, community-focused social responsibility program, that aims at promoting the sports culture and fostering youth development through sports.  Sheikh Nasser Sabah Al-Ahmad Prize for Best Domestic Athlete was launched in 2018 to promote sports and exercise among youth. It is awarded to the best talented athletes for their dedication to improving the sports sector as well as their athletic achievement and positive influence on youth in this area. The prize’s award for the 2021-2022 season will go for the best local football player.  Kholoud ......read more

MOHAMMED AKEEL Wins KD 4000 in Burgan Bank's Value Account Draw

Kuwait – April 12, 2022: Burgan Bank today announced Mr. MOHAMMED AKEEL as the winner of the Value Account KD 4000 draw. The winner expressed his excitement of winning the cash prize of KD 4,000. Dedicated to offer the best in-class services, Burgan Bank’s Value Account presents customers with exceptional features which were specifically designed to suit the needs of expatriates living in Kuwait. Account holders will be able to enjoy matchless benefits that include receiving a free credit card for one year, application for a loan, in addition to a chance to enter the quarterly draw to win KD 4000 as well as other discounts from selected merchant stores.  Burgan Bank will continue presenting exclusive services and draws with an aim of exceeding customers’ expectations while offering them chances to win ......read more

Burgan Bank Announces the Names of the First Monthly Draw Winners of Kanz Account

Kuwait, April 9, 2022: Burgan Bank announced today the names of the Kanz account monthly draw winners, who will each take home a KD 1,000 cash-prize. All Kanz customers who maintain a minimum balance of KD 200 for at least one week before the draw date, are included in the draw, and their chances of winning increase with higher deposits.    The 20 lucky winners are:  • Fouzan Hasan Alnassar • Ghassan Shukri Abuasba • Nadiah Jassim Hussain • Mahmoud Ali Zeine • Jaber Rady Alshemeri • Gurbux Sidhu • Ibrahim Waleed Ayazi • Salwa Saeed Alkhalfan • Ali Abdullah Albarouni • Yaser Kasem Almasri • Mohammad Mahmoud Asran • Waddah Alnayef • Muna Esmaeil Mirza • Zainab Khedher Farhan • Eqbal Hamad ......read more

Burgan Bank holds its 56th Annual General Assembly meeting

Shareholders approve distribution of 5 fils cash dividend and 5% stock dividend Kuwait - April 6, 2022: Burgan Bank held its 56th Ordinary Annual General Assembly meeting on Tuesday, 05 April 2022 at KIPCO Tower, with a quorum of 79.3%. The Bank’s Board of Directors submitted to the shareholders the financial results achieved for the year ending on December 31, 2021. The results reflected the Bank’s positive growth in revenue and net income amid improving economic environment. The Bank’s shareholders approved the distribution of dividend of 5 fils per share and 5% stock dividend.   During the meeting, Mr. Majed Essa Al-Ajeel, Burgan Bank’s Chairman stressed the Bank’s resilience demonstrated in the successful maintenance of continuity, quality, and security of services across channels, ......read more

Burgan Bank announces the winner of the Al-Thuraya Salary Account Monthly Draw'

Kuwait, 3 April 2022: Burgan Bank, announced today Mr. Naser Nahar Almutairy as the lucky winner of the draw prize of Al-Thuraya Salary Account monthly draw.  The draw rewards new and existing customers who transfer their salary to Burgan Bank by offering them a chance to win KD 10,000 every month. Each account holder has one chance to enter the draw. The Al-Thuraya account holders have the option to hold money in Kuwaiti Dinar and other major currencies and can access account-related services such as standing orders, loans and credit cards, and benefit from the discounts and offers throughout the year. Customers wishing to open the Al-Thuraya account can do so by simply visiting the nearest Burgan Bank branch and obtain all the necessary details, or simply call the bank’s call center on 1804080. For further ......read more

Burgan Bank Announces Branch Timings for the Holy Month of Ramadan

Kuwait - 02, April 2022: Burgan Bank announced today its working hours throughout the Holy Month of Ramadan. All branches will commence operations in one shift from 10:00 am to 1:30 pm, ensuring utmost convenience to its customers.  Burgan’s airport branch will operate 7 days a week in two shifts, the morning shift will be from 09:30am to 2:30 pm, and the evening one from 9:30 pm to 08:30am the next day.  Moreover, customers can also contact the call center on 1804080 at any given time during the Holy Month for more updates on the bank’s products and services.  The bank takes this opportunity to extend its best wishes to everyone during this blessed month of the year.

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Burgan Bank Continues Its Sponsorship of the Ahmadi Music Group

Supporting the Group’s exceptional performance of Vivaldi’s music Kuwait, April  01, 2022: Burgan Bank is sponsoring, for the six-consecutive year, the Ahmadi Music Group’s Spring 2022 season performances hosted at the Sheikh Jaber Al-Ahmad Cultural Center recently. This sponsorship comes within the framework of the Bank’s social responsibility program, which seeks to advance the cultural scene in Kuwait, elevate local artistic talent, and offer classical art enthusiasts the opportunity to enjoy some of the best-known international musical pieces. During the concert, the Ahmadi Music Group, led by Maestro Richard Bushman and featuring international musicians from the United Kingdom, Russia, and Bulgaria, performed a number of Vivaldi’s international symphonies, including his most renowned ......read more

Burgan Bank Launches “Your Coffee is On Us” campaign in Collaboration with Deliveroo

In an effort to enhance its value-based customer experience   Kuwait 19, March 2022: Burgan Bank recently announced its latest campaign, "Your coffee is on us every Sunday," in collaboration with Deliveroo; allowing the Bank’s credit card customers to order their favorite coffee through the Deliveroo app every Sunday and benefit from a discount of KD 2 per order, for a period of six months.  The six-month campaign comes in collaboration with Deliveroo – one of Kuwait’s most popular food delivery platforms – and allows customers to benefit from the offer at ten of Kuwait’s top-rated coffee destinations. This is in line with the Bank's strategy to enhance its customers' banking experiences and cater to their lifestyle needs with diverse value-based offers. Commenting ......read more

Burgan Bank Promotes Smarter Financial Habits through its Personal Finance Manager (PFM)Tool

Kuwait, 17 March 2022: Burgan Bank’s Personal Finance Manager tool (PFM), available on Burgan App, is one of the smart solutions designed to offer customers a better well-rounded digital banking experience in line with the Bank’s strategy to invest in elevating its digital platforms. A practical comprehensive tool supported by user-friendly money management features, the PFM promotes smarter financial habits by facilitating the management of users’ personal finances and the tracking, organization and analysis of their expenditures anytime and anywhere. The PFM tool offers a host of features that enable customers to keep track of their spending habits through detailed insights that help them better manage their personal finances. Users can also create customized monthly budgets based on the categories of their ......read more

S2 Breaks Ground on Key Piece of Visionary South Village Project

Leads development of digital logistics, crafts area in Sabah Al-Ahmad City KUWAIT – March 17, 2022 – S2 for Development of Lands and Real Estate Company (S2), held a ground-breaking ceremony today for South Village, the new logistics and crafts area in Sabah Al-Ahmad City, under the patronage of His Excellency Mr. Mubarak Zaid Al-Arou, the Minister of State for Housing and Urban Development.  The ceremony took place today in the presence of officials from the Public Authority for Housing Welfare (PAHW) and relevant authorities along with senior executives from S2.  S2 will develop the first integrated logistics, crafts and services area in South Village, using world-class standards and deploying the latest technologies in a commercial and crafts area of 1.28 million square meters. The project was awarded to ......read more

Other Top Stories from Banking and Investments
 
Burgan Bank Renews Sponsorship of Ahmadi Music Group's 2022 Spring Season Performances…

In an effort to support the cultural scene and revitalize the artistic movement in Kuwait Kuwait, 14 March 2022: In an effort to foster creativity and enrich the local cultural life, Burgan Bank is continuing its sponsorship of the Ahmadi Music Group during the 2022 season. Coming as part of its social responsibility program, the Bank's sponsorship marks the sixth year of sponsorship ......read more

Amlak Finance Announces 2021 Full-Year Financial Results…

• Amlak FY21 net group profit stands at AED 1.06 billion and total assets stand at AED 4 billion • The Company successfully concluded the settlement of the arbitration with a net value of approximately AED 875 million  • Debt settlement arrangements yielded AED 465 million gain and contributed in total debt reduction of AED 1,139 million (including Mudaraba Instrument of ......read more

Burgan Bank Sponsors the 6th Round of the Kuwaiti Equestrian Federation League…

Kuwait, 11 March 2022: Burgan Bank has sponsored the sixth round of the Kuwait Equestrian Federation (KEF) League for the 2021- 2022 season, held at the Messilah Equestrian Club track. The Bank's sponsorship of KEF's competition reflects its commitment to promote the sports culture in Kuwait and foster youth development through sports under the Bank's comprehensive, ......read more

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw…

Kuwait, March 7, 2022: Burgan Bank announced today the names of the daily draw winners of its Yawmi account draw, each taking home a cash-prize of KD 5,000.   The lucky winners are:  • Kholoud Ibrahim Alquoud • Hamad Abdullah Alateeqi • Dina Adnan Alhamar • Jaber Haneef Alhunaif • Hamada Abdalla Hussein   In addition to the ......read more

Burgan Bank Sponsors the Kuwait International Arabian Horse Championship 2022…

Kuwait, March 5, 2022: Burgan Bank has sponsored the 2022 Kuwait International Arabian Horse Championship, hosted by the Arabian Horse Center, Bait Al Arab. This sponsorship highlights the Bank’s commitment under its community-focused social responsibility program to supporting the sports culture in Kuwait, particularly the activities that are deeply rooted in the local cultural identity ......read more

Burgan Bank Launches “Power of 25” Campaign Exclusively For Customers…

In celebration of Kuwait’s National Day Kuwait - 28, February 2022: In celebration of Kuwait's National Day and in keeping with its significance, Burgan Bank launched ‘Power of 25”, an exclusive one-day campaign on February 25th, giving customers a chance to receive special gift vouchers when making purchases using their Burgan credit cards. “Power of 25” ......read more

GulfCoin Cryptocurrency to Provide Digital Services and Financial Inclusion to the Masses…

*The Countdown to Presale Started and The Initial Coin Offering is Scheduled for March 15 GulfCoin Cryptocurrency to Provide Digital Services and Financial Inclusion to the Masses* A new crypto project "GULF" is rising to empower the public to become part of the digital transformation and adopt digital services. The GULF project is launching GulfCoin: an electronic cryptocurrency ......read more

Burgan Bank Continues Serving Customers During the National Holiday…

Kuwait, February 23, 2022: Burgan Bank has announced that it will continue to serve customers around the clock throughout the National Day and Liberation Day holidays at its Airport Branch, under the Bank’s commitment to ensure continuous uninterrupted service even during official holidays. The Bank also confirmed that eight branches in various areas across Kuwait are ready to serve ......read more

Burgan Bank Sponsors the Fifth Round of the Kuwaiti Equestrian Federation League…

Kuwait, February 22, 2022: Burgan Bank has sponsored the fifth round of the Kuwait Equestrian Federation (KEF) League for the 2021- 2022 season, held at the Messilah Equestrian Club track. The Bank's sponsorship of KEF's competition reflects its commitment to promote the sports culture in Kuwait and foster youth development through sports under the Bank's comprehensive, ......read more

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw*…

Kuwait, February 21, 2022: Burgan Bank announced today the names of the daily draw winners of its Yawmi account draw, each taking home a cash-prize of KD 5,000.   The lucky winners are:  • Mohammad Neamah Ali • Waleed Saleh Alali • Maryam Majeed Behbahnipour • Fatemah Abdullah Alkandari • Nasur Alalawi   In addition to the daily ......read more

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