Kuwait, 30 November 2023: Kuwait International Bank (KIB) recently conducted the fourth draw of its ‘Surprises for Every Season’ campaign designed for its Visa cardholders. The Bank revealed the 31 winners of three different spectacular prizes designated for the October campaign period. Meshaal Abdulatif Ammash received two all-inclusive tickets for the Formula 1 Abu Dhabi Grand Prix, while another eight winners, Hussain Maad, Dheyaa Khaled Almazyad, Latifah Ayesh Hajji, Abdullah Faisal Alsultan, Mohammad Ezzat Ibrahim, Mohammad Falah Al Rasheedi, Saad Fahad Alshammari, and Mohammad Ahmad Almusallam, were awarded the new iPhone 15 Pro. In addition, 22 winners were each gifted a cash prize of KD 150. The lucky customers included Marzouq Qeaid Alotaibi, Osman Hassan Ismail, Ahmad Yousef Khader, Abdullah F M Abdullah, Ibrahim F ......read more

Kuwait, 27 November 2023: Kuwait International Bank (KIB) held a press conference to announce the upcoming PayTally Show, which will be held at The Arena Kuwait – 360 Mall from December 7 to December 9, 2023. This special event will bring together all of the Bank's partners under the umbrella of the PayTally program, including commercial and service institutions. The exhibition aims to assist both KIB customers and non-customers in obtaining consumer products and services that they desire, by showcasing the strongest financing deals the Bank has to offer. This initiative is in line with KIB's ongoing commitment to providing the best banking experience for its customers.  Commenting on the event, Othman Tawfeqe, Retail Banking Department General Manager at KIB, said: “At KIB, we always strive to achieve ......read more

Kuwait City, November 26th, 2023: In an ambitious stride towards sustainability and the enhancement of the community, Ooredoo Kuwait, the pioneering telecommunications provider, reinforces its standing in the tech and telecom landscape.  The company proudly developed its groundbreaking Smart poles as part of smart City solution at the iconic Souq Al-Mubarakiya, a central hub in Kuwait City.  This forward-thinking initiative not only promises to redefine the visitor experience but also aims to create a greener and more sustainable urban environment. With the implementation of this cutting-edge Smart City solution, visitors to Mubarakiya can now enjoy seamless high-speed Wi-Fi connectivity throughout the area, enabling them to stay connected with their loved ones and access vital information with utmost ease.  Beyond ......read more

Kuwait, 25 November 2023: The 2023 Islamic Finance Awards, presented by World Finance, has bestowed Raed Jawad Bukhamseen, Vice Chairman and CEO of Kuwait International Bank (KIB), with the esteemed “Kuwaiti Visionary CEO - Development & Growth Driver” award for yet another year. The recognition comes as a testament to Bukhamseen's remarkable leadership and unwavering commitment to driving KIB's development and growth. Distinguishably among the honorees this year came Bukhamseen, chosen for his visionary guidance, under which KIB has established a clear strategy and vision for the future, demonstrating outstanding corporate communication and management across all sectors. According to World Finance, Bukhamseen's exceptional leadership has driven year-on-year growth and outstanding financial performance for ......read more

Kuwait, 23 November 2023: Kuwait International Bank (KIB) announced a strategic partnership agreement with Marafi Villas, the number one Italian kitchen company manufacturer and high quality home solutions supplier. With flexible and exclusive financing deals, the new collaboration will be a significant step forward in making home improvement more financially accessible, fitting the needs of customers’ lifestyles. Commenting on the agreement, Abdulaziz Al-Shammari, Head of the Central Sales Unit - Retail at KIB, said: “We are thrilled to announce a strategic partnership with Marafi Villas, a prominent player in the home solutions industry. This partnership will provide all our customers with a unique opportunity to access both top-notch kitchen solutions and the financial support they need to help them turn their kitchen ......read more

Reaching its impressive funding milestone in July, the Group has now positioned itself as one of the region’s most ambitious logistics tech companies, with a key focus on automation and robotics Kuwait, 22nd November 2023: Raha, Kuwait’s fast-growing logistics tech company, recently announced the successful completion of its pre-Series A funding round. Led by Soor Capital and PIF-backed Private Equity Fund, eWTP Arabia Capital, this latest investment brings up the total raised by the ambitious tech start-up to USD 14 million. Raha’s initial round of seed funding had raised an impressive capital of USD 6.7 million, led by KSA’s Aujan Enterprises and Kuwait’s Nox Management, as well as London-headquartered VC, Cedar Mundi Ventures. Since launching in 2022, Raha – – has quickly grown to ......read more

Kuwait, 22 November 2023: As part of its continuous efforts to enhance its customers’ banking experience using easier and more convenient features, Kuwait International Bank (KIB) announced the reopening of its head office branch with a new look, coupled with a modern and innovative design. This step falls in line with the Bank’s efforts aimed at keeping pace with the rapidly evolving financial services sector and reflects its commitment to the digital transformation strategy while preserving the authentic Kuwaiti identity and traditional heritage. Commenting on the occasion, Faisal Al-Shuwaired, Assistant General Manager of the Retail Banking Department, said: “This advanced step falls within the framework of the comprehensive strategy that KIB is systematically and carefully implementing, aiming to enhance all ......read more

Kuwait, 21 November 2023: Kuwait International Bank (KIB) continues to support the “Let’s Be Aware” (Diraya) banking awareness campaign, launched by the Central Bank of Kuwait (CBK) in collaboration with Kuwait Banking Association. The Bank aims to promote the objectives of its social program to spread banking awareness and financial literacy among all segments of the community.  As part of its support to the campaign, KIB seeks to continue raising awareness on all the different aspects of banking, including the different kinds and uses of credit cards provided by the Bank. It aims to achieve this goal by engaging with its community through its various media and social media platforms. Within this context, Deema Al-Mulifi, Assistant General Manager of the Operations Department at KIB, praised the ......read more

Cementing its role as a patron of cultural vibrancy and heritage preservation in Kuwait Kuwait, 21 November 2023: Burgan Bank recently concluded its successful sponsorship of Dar Al-Athar Al-Islamiyyah’s (DAI) 8th Fall Festival. The one-day event, which took place at the Amricani and Yarmouk Cultural Centers, saw an impressive turnout of visitors, in addition to the participation of local entrepreneurs, artists, and artisans. Burgan’s renewed sponsorship and support of the Fall Festival comes under the Bank’s all-encompassing social responsibility program and its efforts to preserve and promote Kuwait’s rich heritage and cultural identity. Commenting on the event’s success, Ms. Hessa Hussain Al-Najadah, Senior Manager – Corporate and CSR Communications at Burgan Bank, said: “We are ......read more

Cementing the Bank’s position as a market leader and patron of growth Kuwait, 19 November 2023: In a testament to its outstanding business success, Kuwait International Bank (KIB) announced that it has been named to Fortune 500 Arabia’s inaugural list, which ranks the top 500 corporations from across 22 Arab countries in order of annual revenue. The Bank’s recognition rests upon its 32.26% year-on-year (YoY) rise in its revenue for 2022, which amounted to KD 132.66 million, up from KD 98.84 million in 2021. Adding to KIB’s multiple banking accolades, its recognition on the Fortune 500 Arabia list will attract more regional and global investors, further catalyzing the Bank’s growth toward new definitions of banking success. Commenting on this honorable recognition, Othman Tawfeqe, Retail Banking ......read more

Kuwait, 18 November 2023: In recognition of his exceptional contributions to the Islamic banking industry, World Finance magazine once again presented Sheikh Mohammed Jarrah Al-Sabah, Chairman of Kuwait International Bank (KIB), with the highly esteemed “Life Achievement in Islamic Banking and Dedication to Community” award. The title was also bestowed upon Al-Jarrah for his unwavering commitment to making a positive impact in the communities he serves. Al-Jarrah nabbed the prestigious honorary title for his outstanding performance, in accordance with the award criteria. Among them are entrepreneurial acumen, exceptional leadership, and admirable humility which have served as a guiding light to numerous individuals and organizations. World Finance commended him for his unrelenting efforts towards upholding Islamic finance ......read more

Kuwait, 16 November 2023: Kuwait International Bank (KIB) recently set up a booth at Assima Mall to raise banking awareness and promote financial culture among a wide segment of society. The Bank aimed at introducing mall goers to its services, products, and latest promotional offers. This step comes as part of its continuous efforts to support the ‘Let’s Be Aware’ (Diraya) financial awareness campaign, which was launched by the Central Bank of Kuwait (CBK) and the Kuwait Banking Association (KBA) in cooperation with local banks. Commenting on the occasion, Hassan Alwayel, Head of Quality & Control of Retail Banking at KIB, said: “The Bank’s employees were keen to introduce the mall’s visitors to the various products and services we provide. They offered extensive information about banking ......read more

• The company’s newest innovations are being launched across GCC markets including Saudi Arabia, Kuwait and Bahrain  • PMI has appointed over 1,500 scientists, engineers, technicians, and experts who have contributed into research and development for an ever-innovating smoke-free portfolio.      Kuwait City, Kuwait — November 15, 2023 — Philip Morris International (PMI) has continued to take further bold steps of its smoke-free ambitions in the GCC region. The company, currently undergoing a massive transformation to a smoke-free organization, is focused on fostering innovative solutions that aim to reduce harm for adults who would otherwise continue to smoke cigarettes or use nicotine products.   IQOS ILUMA was launched in Saudi Arabia, Kuwait, and Bahrain, the ......read more

Kuwait, 15th November 2023:  Ooredoo business, the trusted technology partner for business solutions, recently concluded the second edition of its Corporate Football Tournament. The participating teams  were from diverse sectors, including banking, electronics, oil, healthcare, retail, and various others. This tournament provided a unique platform for companies, whether from the public or private sector, to converge and compete in a spirit of camaraderie. The thrilling final match of the tournament between Huawei and Boubyan Bank concluded with excitement after a 1-1 draw. The intensity extended into extra time and culminated in free kicks, where Huawei emerged victorious with a 3-4 score. The final match witnessed the presence of Ooredoo's top management, who, embodying the spirit of sportsmanship, honored participating ......read more

Raising the level of personalized experience to its customers with exclusive benefits  Kuwait, 15 November 2023: In an effort to elevate the banking experience it offers to its more affluent customer segment, Burgan Bank announced the launch of Elite Banking, a new banking segment for distinguished customers with an array of the finest services that unlock a world of luxury. The Bank also revamped its existing Premier Banking to better serve another segment of customers. The new and revamped segments are being introduced in response to the market needs and the customers’ varied aspirations, with the prime objective of upholding the highest levels of customer satisfaction across all market segments. Available to high-income customers, Elite Banking comes with a suite of exclusive benefits including a dedicated Personal ......read more

The best account of its kind in Kuwait for offering the highest monthly expected returns and cash prize draws   Kuwait, 13 November 2023: Kuwait International Bank (KIB) announced the names of the winners in the 10th Al Dirwaza account monthly draw, based on customers’ October deposits. The draw was held in the presence of representatives from the Ministry of Commerce and Industry, as well as representatives from the Bank. In this draw, Yasmin Mohammad Hasan Amir Abdulhusain won KD 10,000, whilst the KD 1,000 prize was awarded to 10 winners in total: Hind Alsharhan, Abdullah Jaber Qiatan Alshemery, Tambe Mohammed Zainol Abdin, Hayef Reja Lafi Alharbi, Hatem Alsayed Abu Alezz Ahmad Alsayed, Ali Abdo Abdin Musa. Saud Jassem Saud Alhuwaitan, Muhvideen Sayed Abo Taher Solukku Mohamed, Ahmed Abdullah Fahad Alhsaini, and ......read more

Kuwait, 12 November 2023: Kuwait International Bank (KIB) announced a strategic partnership agreement with Marina Home, as part of its continuous commitment to providing top-tier financing deals on products and services while elevating the customer experience. The new collaboration will offer customers from both parties flexible and exclusive financing deals with long-term credit facilities.  Commenting on the agreement, Abdulaziz Al-Shammari, Head of the Central Sales Unit - Retail at KIB, said: “KIB understands that buying furniture can be a significant investment. We are excited to collaborate with Marina Home to provide our customers with more convenient financing solutions. From now on, customers seeking to furnish their homes with style and comfort will have the opportunity to take advantage of our flexible ......read more

Kuwait, 11 November 2023: Kuwait International Bank (KIB) announced its participation in the annual International Fraud Awareness Week, running an informational anti-fraud awareness campaign on its social media platforms, as well as TV channels and radio stations. Committed to safeguarding the financial well-being of its customers, the campaign comes as part of KIB’s ongoing support to the “Let’s Be Aware” (Diraya) financial awareness campaign, which was launched by the Central Bank of Kuwait (CBK) and the Kuwait Banking Association (KBA) in cooperation with local banks.    Commenting on the Bank’s initiative, Basil Al-Suwaidan, General Manager of the Information Security, Privacy and Anti-Fraud Department, said: “In a digital age where financial security is paramount, KIB is taking ......read more

Kuwait, 4 November 2023:  Burgan Bank announced today the names of the Kanz account monthly draw winners, who will each take home a KD 2,000 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:  • SHAIKHA LULUAH KHALIFAH ALSABAH • RASHED KHALAF KHALIFAH • HUSSAIN WALEED ALSAYEGH • BETUL MINNET OZKAN • MOHAMMAD AKBAR ABADI • BATOUL REDHA POUR • BASHAYER MOHAMMED ALSHATTI • HAMIDA ZAKIYUDDIN • NAWAF ABDULLAH ALENEZI • AHMAD MAZYAD ALENEZI • FAKHREYAH ASAD ASAD • AHMAD ABDULLAH MOHAMMAD • AESHAH DHEYAA HAMEED • HESHAM ABDALKARIM ......read more

In adherence to ESG principles and its overarching digital transformation strategy   Kuwait, 4 November 2023:  In an era of rapidly advancing technology and a heightened demand for digital banking solutions, Burgan Bank announced the launch of its new virtual card to accompany the industry’s transformation. An eco-friendly alternative, this innovative product combines the security and utility of traditional bank cards with the convenience and versatility of a digital experience. Burgan’s virtual card echoes the Bank’s commitment to the environmental, social, and governance (ESG) practices around which it continues to adapt and develop its products and services. “Smart devices today offer a sea of services that have long surpassed the original purpose of communication. Users can now truly plan, track, ......read more

In its plan to continue enhancing its customers’ banking experience Kuwait, 4 November 2023: Kuwait International Bank (KIB) announced adding a brand new feature to its retail digital platform KIB Mobile: the Financial Tracker. The innovative feature comes as part of the Bank’s comprehensive digital strategy, which aims to enhance its customers’ experience and offer all products and advantages that cater to their modern lifestyles, needs and aspirations.  Commenting on the newly launched feature, Ahmad Hajeyah, Executive Manager, Digital Transformation and Innovation Department at KIB, said: “We are committed to our development plan and to keeping abreast of the latest digital innovations in the world of e-banking services. This advanced step offers more value and is considered a major addition to our ......read more

High Performance, Strong Profitability Reflect Progress in Advancing Business Portfolio, Accelerating B2B Business and Procuring New Growth Engines 02 November, 2023 — LG Electronics Inc. (LG) today announced third-quarter 2023 consolidated revenue of KRW 20.7 trillion and operating profit of KRW 996.7 billion, both the second highest third-quarter figures in the company’s history. The noteworthy performance was driven by both the company’s core home appliance business and vehicle solutions, one of its future growth engines. Home appliances more than doubled its operating profit year-over-year while vehicle solutions recorded an all-time high operating profit. The strong performance reflects the company’s smooth progress in the execution of its future vision for 2030, leading to solid revenue and profits ......read more

Kuwait, 1 November 2023: Kuwait International Bank (KIB), a leading financial institution in Kuwait, proudly announces a groundbreaking strategic growth partnership with Visa, the global leader in digital payments. This dynamic collaboration, set to span seven years, marks a pivotal moment in the Kuwaiti banking landscape. KIB is poised to undergo a remarkable transformation into an exclusively Visa card issuing bank. Under the overarching theme of “KIB & Visa Partnership for Growth,” this visionary alliance is built upon a foundation of innovation, technology, and the creation of new business verticals. KIB and Visa are dedicated to pioneering financial solutions and forging new pathways within the Kuwaiti market. This partnership will have far-reaching implications for both entities and the Kuwaiti banking industry ......read more

Kuwait, 30 October 2023: Kuwait International Bank (KIB) is continuing its support of the national financial awareness campaign, ‘Let’s Be Aware’ (Diraya), by raising banking literacy among all members of society. The Bank realizes the importance of disseminating the culture of savings and investment and is keen on introducing the various services and products it offers to help customers manage their financials.  In this regard, Fahad Alsarhan, Senior Manager from the Marketing Department and the Corporate Communications Unit at KIB, said: “We continue to strive to raise customers’ awareness around the importance of enhancing their savings skills and methods and utilizing the investment products and tools offered by the Bank. These services increase their revenues and savings rates and allow them ......read more

Under the umbrella of its expansive social responsibility and sustainability program Kuwait, 30 October 2023:  Burgan Bank recently concluded its sponsorship of the 5th annual exhibition organized by Expo 965 Team for Heritage Crafts and Talented Kuwaitis. This sponsorship comes as part of the Bank’s comprehensive social responsibility and sustainability program, in addition to its continuous support of all efforts that aim to preserve the Kuwaiti identity and national cultural heritage, whether in traditional handcrafts, performative arts, or even the local dialect. With this sponsorship, the Bank also upholds its committed adherence to environmental, social, and governance (ESG) practices across all efforts. On this occasion, Ms. Hessa Hussain Al-Najadah, Senior Manager – Corporate and CSR Communications at ......read more

As part of its committed social responsibility strategy and contribution to the Pink October Breast Cancer Awareness efforts Kuwait, 30 October 2023 :  In a continued effort to foster physical and mental health across its work environment, Burgan Bank hosted a breast cancer awareness workshop in collaboration with Kuwait Hospital. The workshop was delivered by Dr. Zahra Ismail, Senior General Surgeon at Kuwait Hospital, and Dr. Dalal Al-Aradi, Consultant Oncoplastic Breast Surgeon at The Royal Marden London. The workshop was organized in light of Breast Cancer Awareness Month and the Bank’s commitment to empowering its female staff with vital knowledge on health-related matters. In light of the workshop, Ms. Hessa Hussain Al-Najadah, Senior Manager - Corporate and CSR Communications at Burgan Bank, said: “At ......read more

As part of its continued support of Kuwait’s promising artisans and rising talents   Kuwait, 26 October 2023:  Stemming from its unwavering support for Kuwait’s youth and their contributions to cultural programs and entrepreneurial initiatives, Burgan Bank announced its sponsorship of the Expo 965 Team for Heritage Crafts Exhibitions and Talented Kuwaitis. The strategic sponsorship is set to span a year, covering the team’s efforts throughout the 2023-2024 season. This sponsorship marks an expansion of Burgan’s efforts to support local talents and promising artisans, as well as dedication to the environmental, social, and governance (ESG) principles in business and community development alike.  The Expo 965 team, which was established with the sole purpose of preserving Kuwait’s ......read more

Kuwait, 25 October 2023: Kuwait International Bank (KIB) announced that November 1st is the last date to open or deposit in Al Dirwaza account to enter the Mega draw for a chance to win a prize of KD 100,000. Accordingly, the Bank is reminding its current and potential customers to open or deposit more in Al Dirwaza account to increase their chances in the Mega draw that will take place in the presence of representatives from the Ministry of Commerce and Industry, as well as representatives from KIB. Ali AlSane, Manager - Product Development, Digital Transformation & Innovation at KIB, said: “We encourage everyone to take advantage of this opportunity to open or deposit more in Al Dirwaza account to increase their chances in the Mega draw. Each KD 1 that completes a full two-month cycle in the account will count for one ......read more

As part of its ongoing efforts to support digital transformation in Kuwait and tap into promising investment opportunities in the field of cloud computing and fintech  Kuwait, 25 October 2023:  Burgan Bank concluded its sponsorship of the 10th eGovernment Forum (EGOV10), which was organized by Razen Events in conjunction with the Kuwaiti Federation of Engineering Offices and Consultant Houses and patronized by His Excellency Mr. Fahad Ali Zaied Al-Shuala, Minister of State for Municipal Affairs and Minister of State for Communications Affairs. Held in cooperation with the Central Agency for Information Technology, the Forum witnessed the participation of major domestic and international cloud computing companies, in addition to the attendance of many prominent IT leaders in government agencies across Kuwait.  On ......read more

As part of its social responsibility program and its commitment to the empowerment of women and the development of the sports culture Kuwait, 24 October 2023:  In its continued efforts to bolster Kuwait’s sports culture and empower young aspiring female athletes, Burgan Bank announced its gold sponsorship of the Kuwait Women’s Football League (KWFL) for the 2023 season; in partnership with Kuwait Calma and in affiliation with the Kuwait Football Association.  This sponsorship comes as part of Burgan’s commitment to championing diversity and inclusivity across all fields, including sports, in line with its environment, sustainability, and governance (ESG) commitment and its overarching social responsibility strategy. The Bank also continues to make sports a central part of its community engagement ......read more

In line with its continuous strategy to provide customers with top-tier banking offers Kuwait, 24 October 2023: Kuwait International Bank (KIB) announced the launch of a new campaign for individuals wishing to have their payroll transferred to the Bank’s Salary Account, running from mid-October until December 14, 2023. The ‘Your Salary = London’ campaign seeks to attract eligible employed and retired Kuwaiti customers, motivating them to open a Salary Account or transfer their salaries to the account for the first time during the term of the offer. As part of the campaign, KIB will hold weekly draws and announce a total of nine winners, who will be rewarded with a spectacular shopping trip to London. Commenting on the Bank’s newest campaign, Musab Al-Shalan, Deputy General Manager of the Retail Banking ......read more

Kuwait, 23 October 2023: Kuwait International Bank (KIB) announced signing a one-year memorandum of understanding (MoU) with the Kuwait Association for Needy Families (KANF). The MoU aims to strengthen cooperation between the two parties, in line with the goals of the Bank’s pioneering social responsibility program. Commenting on the agreement, Ali Alhashash, Head of Collections at KIB, said: “Signing this MoU is a testament to the mutual interests of both the Kuwait Association for Needy Families, as a public welfare entity, and KIB, as an organization that plays a leading role in community welfare. Both parties aim to enhance their role in promoting cooperation and collaboration between all official and civil entities to help those struggling financially and incapable of paying off their liabilities. Under a long-term ......read more

As part of its expansive corporate social responsibility strategy and committed support of Kuwaiti entrepreneurs and SME community Kuwait, 23 October 2023:  In its continuous effort to support small and medium-sized enterprises (SMEs) and help bolster Kuwait’s domestic economy, Burgan Bank participated in the 2023 Farwah Expo as an official sponsor. The three-day expo, which took place at Murouj, welcomed a lot of visitors who enjoyed Kuwait’s most notable homegrown small and medium businesses, which serve various markets from F&B to clothing and accessories, homeware, perfumes, and more. This sponsorship comes as an extension of Burgan’s unwavering support of local businesses and promising young talents and its continued efforts to create a business environment that allows for their growth and ......read more

Kuwait, 22 October 2023: Kuwait International Bank (KIB) recently participated in the Second National Urban Forum for the State of Kuwait, a collaborative effort between UN-Habitat and the General Secretariat of the Supreme Council for Planning and Development. The forum, which took place at the Kuwaiti Graduates Society, was held under the theme “The Road of Kuwait Cities 2035: Achievements and Challenges.” The Bank’s participation falls in line with its commitment to playing a key role in the sustainable development of the country and its position in the world economy. Commenting on the Bank’s participation, Nawaf Najia, Executive Manager of the Corporate Communications Unit at KIB, said: “At KIB, we are always keen to take part in vital events organized in Kuwait, especially those that help highlight ......read more

As part of its ongoing efforts to support the sustainable growth of the sports sector  Kuwait, 21 October 2023: Kuwait International Bank (KIB) renewed its sponsorship agreement with Kuwaiti jet-ski champion, Yousef Al-Abdulrazzaq for the 2023/24 season. The collaboration falls in line with the Bank’s comprehensive strategy for achieving sustainable development and its commitment to supporting talented national athletes in local, regional and international sporting events and competitions.   This enduring collaboration between the Bank and the world champion yielded numerous victories. Al-Abdulrazzaq won the jet-ski world championship six times and nabbed a gold medal while competing for Kuwait at the Asian Games. His international accolades and achievements thus far have qualified him to become a Guinness ......read more

KIB’s Basil Al-Suwaidan receives World CIO-200 2023 Award Kuwait, 16 October 2023: Kuwait International Bank (KIB) announced that Basil Al-Suwaidan, General Manager of the Information Security, Privacy and Anti-Fraud Department, recently received the prestigious World CIO 200 2023 Award from Global CIO Forum at the grand finale of the World CIO 200 Summit, which was held in Baku, the capital city of Azerbaijan.  Expressing his appreciation for the recognition, Al-Suwaidan said: “Receiving the World CIO 200 Award is a testament to KIB’s exceptional leadership and unwavering dedication to driving technological excellence within our organization. The Bank takes a comprehensive approach to information security that incorporates the implementation of advanced cybersecurity measures, continuous monitoring, and ......read more

The best account of its kind in Kuwait for offering the highest monthly expected returns and cash prize draws   Kuwait, 14 October 2023: Kuwait International Bank (KIB) announced the names of the winners in the ninth Al Dirwaza account monthly draw, based on customers’ September deposits. The draw was held in the presence of representatives from the Ministry of Commerce and Industry, as well as representatives from the Bank. In this draw, Abdallah Amin Mahmoud Daoud won KD 10,000, whilst the KD 1,000 prize was awarded to 10 winners in total: Maha Atallah Shehathah Salman, Khadija Fazza Hasoun Alenizi, Samer Abdulhaleem Abdulhadi, Talal Nahar Mejbel Almutairi, Ayed Matar Zayed Alfadhli, Saja Shaker Abdullah Abdulrazzaq, Nabeela Mohammad Jasim Sabti, Salem Ghanim Abdulkareem Hasan, Abdullah Ejbair Fahad Alardi, and ......read more

An exclusive event held for all Kuwaiti delegations on the sidelines of the WBG and IMF Annual Meetings 2023 Kuwait, 16 October 2023: Burgan Bank recently hosted a prestigious VIP dinner reception under the auspices of the Bank’s Chairman, Sheikh Abdullah Nasser Al-Sabah, at the Assoufid Golf Club Marrakech, for all the Kuwaiti delegations taking part in this year’s Annual Meetings of the Boards of Governors of the World Bank Group (WBG) and the International Monetary Fund (IMF). The reception sought to encourage the exchange of views, experiences, and ideas with monetary and financial policymakers from within Kuwait’s banking sector. With more than 50 high-profile guests, who were present in Marrakech for the event, the evening was marked with numerous fruitful conversations that hold the key to limitless market ......read more

As part of its ongoing efforts to support and invest in Kuwait’s most promising talents Kuwait, 18 October 2023:  Building on its comprehensive strategy for human capital development, Burgan Bank announced its participation in the upcoming Watheefti event, Kuwait’s largest employment fair, set to take place on October 19-21 at The Arena Kuwait – 360 Mall, with the participation of over 100 companies. Burgan Bank’s renewed participation in Watheefti comes to reaffirm its steadfast commitment to the development of Kuwait’s national talents. Commenting on the Bank’s upcoming presence at Watheefti, Mr. Abdulwahab Abdulraheem, Executive Manager – Talent Acquisition Human Resources and Development at Burgan Bank, said: “We are delighted to be part of Watheefti in its second edition ......read more

Expanding on its efforts to provide Kuwaiti cadres with opportunities in the banking sector   Kuwait, 18 October 2023: Kuwait International Bank (KIB) is pleased to announce its participation in the second edition of the Watheefti career fair, the biggest of its kind in Kuwait and the most attractive to national young professionals. As a leading financial institution dedicated to fostering talent and empowering the local Kuwaiti community, KIB is eager to connect with prospective job seekers at this massive event. Commenting on the Bank’s presence at the fair, Feras Al-Darmi, General Manager of the Human Resources Department at KIB, said: “Watheefti is a highly anticipated event that brings together job seekers and employers from various industries in the country. We are delighted to be a part of the fair ......read more