In line with its human capital development and sustainable strategy Kuwait, 13 May 2025  In a new effort to support the growth and development of Kuwait’s national calibers, Burgan Bank participated in the annual Career Fair hosted by the American University of the Middle East (AUM) in search of ambitious individuals seeking to build a career in Kuwait’s banking and financial sector. This initiative comes as an extension to Burgan’s robust human capital development & sustainibility strategy and dedicated contribution to the success of the national goals outlined in Kuwait Vision 2035.  “We were delighted to participate once again in AUM’s annual Career Fair, and honored to receive two awards he ‘Elite Employment and Talent Development’ at AUM Corporate Award2025,” ......read more

Kuwait, 12 May 2025: In a new testament to its steadfast commitment to community development through sports, Kuwait International Bank (KIB) announced that its annual mega sporting event, KIB | The Stadium, organized by the Bank’s strategic partner Suffix, was nominated for the Middle East Sports Industry Awards - SPIA 2025 in the ‘Major Sporting Event of the Year’ category. The nomination comes on the heels of the third season of KIB | The Stadium’s notable success, which featured a first-of-its-kind show jumping tournament by the sea, pitting it against major sporting events, such as the FIFA Beach Soccer World Cup UAE 2024 Dubai, the Formula 1 Etihad Airways Abu Dhabi Grand Prix, and the NBA Abu Dhabi Games 2024 presented by ADQ, among others. The Sports Industry Awards celebrate excellence in the Middle ......read more

Under the umbrella of its robust human capital development strategy and unwavering commitment to ESG Kuwait, 11 May 2025  Reaffirming the Bank’s steadfast commitment to investing in its human capital, Burgan Bank recently celebrated 35 employees from across all departments who completed multiple modules of its flagship Ro’ya program. Featuring a curated curriculum designed to propel employees’ careers forward and prepare them for more advanced leadership positions, the program has become a central component of the Bank’s overarching talent development strategy, which remains at the core of its vision and its commitment to adhere to the highest standards of environmental, social, and governance (ESG) practices. The graduation ceremony was attended by several members of Burgan’s senior management ......read more

Posting a net income of KD 10.7 million and an operating profit of KD 24.4 million Kuwait, 6 May 2025: Burgan Bank (“Burgan” or “the Bank”) announced its financial results for the first quarter ending March 31, 2025 (Q1’25). The Bank delivered robust financial results for Q1’25, reporting revenues of KD 57.9 million—a remarkable 8% year-on-year (y-o-y) increase. This performance was primarily driven by a rise in Net Interest Income to KD 44.2 million, reflecting a 30% y-o-y increase, supported by a substantial 50 bps improvement in Net Interest Margins and sustained growth in the loan portfolio. The Bank’s Net Interest Margin improved to 2.5% in Q1’25 from 2.0% in Q1’24, primarily  driven by a broad-based improvement in spreads across the Group. Operating ......read more

In line with the Bank’s dedicated human capital development strategy and commitment to the best ESG practices Kuwait, 4 May 2025  As part of its ongoing commitment to fostering a culture of continuous learning and advancing Kuwait’s professional caliber, Burgan Bank recently celebrated 15 of its most aspiring employees for completing the Kuwait Institute of Banking Studies’ (KIBS) certification programs. The graduation ceremony, held at the Regency Hotel, was attended by Burgan Bank and KIBS management, confirming their commitment to their longstanding partnership, which continues to prepare the best national talents for competing and leading in the Kuwaiti banking sector – in line with the New Kuwait Vision 2035 and the highest standards of environmental, social, and governance (ESG) in the global ......read more

Kuwait, 29 April 2025: Kuwait International Bank (KIB) resumes its dedicated efforts at raising the level of financial awareness among its customers within the framework of its support for the financial awareness campaign "Let's Be Aware" (Diraya) and promoting banking culture among members of society. KIB emphasizes the importance of adopting a culture of saving and investing as a solid foundation for a secure and future-oriented banking experience. Additionally, the Bank seeks to educate customers about accessing its innovative products and services and utilizing its advanced digital channels specializing in investment, savings, and money management. In this context, Abdullah Al Khamees, Senior Specialist, Internal Communications – Marketing and Corporate Communication at KIB, said: “We are pleased to ......read more

Kuwait, 27 April 2025: Sheikh Mohammed Jarrah Al-Sabah, Chairman of Kuwait International Bank (KIB), announced the Group’s financial results for the first quarter of 2025. KIB Group achieved net profit attributable to shareholders amounting to KD 7.3 million, which grew by 21% compared to KD 6 million. Earnings per share (EPS) was 4.40 fils compared to 3.64 fils for the first quarter of 2024. Total operating income was almost KD 21.6 million, marking a growth of 2% compared to the first quarter of 2024. Commenting on the latest financial results, Al-Jarrah emphasized that KIB’s strong performance reflects the success of the Bank’s strategic direction, which is built on a solid foundation of qualified talent and rapid digital advancement. He noted that the Bank has embarked on a new phase of growth, driven by the ......read more

Confirming its commitment to human capital development and preparing national calibers for leadership roles Kuwait, 27 April 2025  Burgan Bank recently celebrated seven of its most promising talents for graduating from the “Strategic Leadership in the Age of Financial Sustainability” program, administered by Harvard Business School (HBS). The prestigious program falls under the umbrella of the Central Bank of Kuwait’s (CBK’s) Kafa’a initiative, launched in collaboration with Kuwaiti banks and the Kuwait Institute of Banking Studies (KIBS) to develop highly qualified national cadres in finance and banking.  The graduation ceremony was attended by senior Burgan managers alongside representatives from CBK and other participating banks. The Bank’s nomination of and support for its graduating ......read more

Kuwait, 26 April 2025: Al Dawli Invest Investment Company (KIB Invest), a leading firm in Shariah-Compliant investments, is pleased to announce the launch of its inaugural investment product, the Al Dawli Invest Islamic KD Money Market Fund. This marks a significant milestone as the first fund under the KIB Invest entity, showcasing the firm’s commitment to delivering Shariah-Compliant investment solutions to its clients. The Al Dawli Invest Islamic KD Money Market Fund is specifically designed for investors seeking a secure and liquid investment option. By investing in highly liquid short- and medium-term Islamic money market instruments, the Fund aims to deliver competitive returns while ensuring full compliance with Islamic Shariah principles. Investors benefit from flexible access to their funds through weekly liquidity, ......read more

Kuwait, 27 April 2025 Burgan Bank recently took part in the annual Career Fair hosted by the American University of Kuwait (AUK) alongside Kuwait’s top recruiters across numerous sectors and industries. As part of its robust human capital development strategy and steadfast efforts to advance Kuwait’s national calibers, Burgan representatives engaged with the event’s visitors in various conversations around the Bank’s employment and internship opportunities, while also promoting financial literacy and inclusion. “AUK’s annual Career Growth Fair is an excellent opportunity for our team to connect with and potentially recruit Kuwait’s young and talented individuals who aspire to build a career in banking and finance,” commented Mr. Abdulwahab Jamal Abdulraheem, Executive Manager ......read more

Company Achieves Record-Breaking First-Quarter Revenue Driven by Balanced Growth in Home Appliance and B2B Sectors Dubai, April 25, 2025 — LG Electronics Inc. (LG) today announced consolidated revenue of USD 15.67 billion and operating profit of USD 869 million for the first quarter of 2025. This marks the highest first-quarter revenue in the company’s history and the sixth consecutive year in which operating profit surpassed USD 689 million during the first quarter. Strong performance was driven by qualitative growth across key business areas, especially in B2B, non-hardware segments (such as subscriptions and webOS platform) and direct-to-consumer (D2C) sales. Vehicle solutions and heating, ventilation and air conditioning (HVAC) – both critical to LG’s B2B strategy and future growth – delivered ......read more

Ooredoo Kuwait Group records a 5% positive growth in consolidated revenues, reaching KWD 178 million in Q1 2025 Naser bin Hamad Al Thani: Outstanding operational performance and the strategic plan we are implementing are behind these strong results. • We are confident in our team’s ability to achieve our strategic priorities and enhance profitability. Abdulaziz Al-Babtain: Our achievements at the beginning of 2025 reflect our commitment to fostering innovation and ongoing development. • Our investment in advanced computing solutions and AI is accelerating digital transformation in alignment with Kuwait Vision 2035 Kuwait City, Kuwait: National Mobile Telecommunications Company K.S.C.P “Ooredoo” (Ticker: OOREDOO) announced today its financial results for the quarter ended 31st March ......read more

Cementing its commitment to investing in Kuwait’s national talents and fostering a culture of inclusivity and equal opportunity Kuwait, 21 April 2025  Burgan Bank renewed its participation in the second “Partners to Hire” Employment Forum, dedicated to enabling Kuwaiti talents with disabilities in the workplace and paving the way for their sustainable inclusion in the labor force. The Bank also joined the graduation ceremony held to celebrate the 123 students with disabilities who completed the sixth round of the “Partners to Hire” training program. The event was organized and hosted by the Public Authority for Disability Affairs, under the auspices and in the presence of the Minister of Social Affairs, Family and Childhood Affairs Dr. Amathal Al-Huwaila, with the support of leading private and ......read more

Expanding on its far-reaching digital transformation strategy Kuwait, 20 April 2025 Burgan Bank has announced the launch of its new digital payment solution, SoftPOS by KNET, designed to cater to business owners and entrepreneurs. The service enables merchants to accept payments directly through an innovative smartphone application, without the need for traditional POS hardware. On this occasion, Mr. Abdullah Hussain Al Maqseed, Executive Manager – Merchant Acquiring stated: “The launch of SoftPOS reflects Burgan Bank’s continued commitment to introducing innovative digital payment solutions that meet the evolving needs of the local market and support Kuwait’s transition toward a cashless society, in line with the Kuwait Vision 2035.” Al Maqseed explained that this new solution allows merchants ......read more

The Family Office, a leading wealth management firm in the Gulf region, is pleased to announce the launch of its digital platform FinancialGoal.com in the Kuwaiti market. The platform supports individuals and families in defining their financial goals and achieving them through tailored investment plans in private markets. As economic challenges evolve and investment opportunities expand, many investors struggle to build a clear financial roadmap for the future. Financial Goal was created to meet this growing need. The platform enables investors to define specific goals, such as planning for retirement, funding children’s education, or building a lasting legacy, in addition to simulating different financial scenarios and building personalized strategies based on medium- and long-term investments in private markets. What makes ......read more

Confirming its commitment to embedding ESG principles across its operations and culture Kuwait, 15 April 2025  Burgan Bank has released its sixth annual Sustainability Report, marking a major milestone in its ESG journey and reinforcing its excellence in sustainable financial practices. As the first bank in Kuwait to publish its 2024 Sustainability Report, Burgan continues to demonstrate its commitment to transparency and proactive sustainability leadership. The report highlights the Bank’s key accomplishments across Environmental, Social, and Governance (ESG) domains, reflecting the deep integration of sustainable practices into its operations, culture, and stakeholder engagement. The Report was created in alignment with the Global Reporting Initiative’s (GRI) Universal Standards 2021, the UN Sustainable Development ......read more

Kuwait, 13 March 2025 Following years of fruitful collaboration and strategic partnership, Burgan Bank announced winning the 2024 Visa award for “Best-in-Class Premium Active Cards Growth in Kuwait”, recognizing its continued efforts to promote innovation and deliver an exceptional banking experience for distinguished customers. This prestigious award is a testament to the outstanding collaboration between Burgan’s Retail Banking and Private Banking departments, where their combined expertise has been instrumental in elevating the Bank’s offerings. It also reflects Burgan’s unwavering commitment to delivering card-based payment solutions that push the boundaries of convenience and added-value, underscoring its ability to achieve notable growth in the premium cards sector and further cementing Burgan's ......read more

Kuwait, 7 April 2025: Kuwait International Bank (KIB) reaffirmed its commitment to enhancing banking awareness among its customers, as part of the “Let’s Be Aware” (Diraya) campaign, launched by the Central Bank of Kuwait (CBK) and the Kuwait Banking Association (KBA) in cooperation with local banks. The campaign aims to educate customers about the risks of banking fraud and to promote financial inclusion within the community. In this context, the Bank warned of an increase in fraud attempts involving the WAMD instant transfer service. Scammers typically contact individuals, claiming they have mistakenly transferred funds to their accounts, and then request a refund through payment links sent via WhatsApp or SMS. These fake links are often designed to steal sensitive financial information, such as bank card details, ......read more

Shareholders approve cash dividends of 6 fils and bonus shares of 5% Kuwait, 29 March 2025: Burgan Bank held its 61st Annual General Assembly Meeting and the 38th Extraordinary General Assembly Meeting on Saturday, 29/3/2025 at the Bank’s headquarters, with a quorum of 81.457%. During the meeting, the Bank's Board of Directors presented the shareholders with the financial results and an overview of operational performance for the year ending December 31, 2024. Meanwhile, the shareholders approved the distribution of cash dividends of 6 fils per share in addition to bonus shares of 5% for the fiscal year 2024. During his speech at the general assembly meeting, Sheikh Abdullah Nasser Al-Sabah, Chairman of the Board of Directors, said: "During 2024, the Bank succeeded in recording good achievements under its new ......read more

Kuwait, 27 March 2025 - For the fifth consecutive year, Burgan Bank upholds its committed support for the “Let’s Be Aware” (Diraya) financial literacy and banking awareness campaign, launched by the Central Bank of Kuwait (CBK) and the Kuwait Banking Association (KBA) with the support of Kuwaiti banks. As part of its active contribution to the campaign during the festive season of Eid Al-Fitr, the Bank published a series of awareness tips across its social channels and website, underscoring the shared responsibility of achieving the highest degrees of banking safety, especially while traveling. The Bank’s latest awareness campaign covered a wide range of tips for travelers on how to use their bank cards securely while enjoying the exclusive benefits that Burgan offers its various customer segments. The campaign ......read more

• Burgan Bank's diverse activities, initiatives, and events during Ramadan were held under the umbrella of the "Teach Them Young" campaign • The Bank organized sporting events and spread health awareness messages during the holy month to encourage all members of society to adopt a healthy diet and lifestyle and to integrate exercise into their daily routine • The Bank remains committed to supporting the Central Bank of Kuwait and the Kuwait Banking Association's "Let's Be Aware" (Diraya) campaign by spreading banking awareness at several community events and activities during Ramadan Kuwait, 25 March 2025:  Burgan Bank successfully concluded its Ramadan community initiatives, which included a wide range of humanitarian and charitable events as well as sports and health activities. ......read more

98.8% of the transactions conducted by KIB customers are carried out through digital channel Kuwait, 25 March 2025: Kuwait International Bank (KIB) achieved significant advancements in enhancing its banking services and digital products in 2024. The Bank also introduced innovative financial solutions designed to continually improve the customer experience, meet evolving needs, and ensure secure financial management and transactions at all times. These efforts align with KIB’s comprehensive strategy to develop its digital infrastructure, staying at the forefront of banking sector advancements and embodying its main slogan, ‘Bank for Life’. As part of its ongoing commitment to delivering top-tier digital banking services and products, KIB’s Retail Banking Services Department in 2024 introduced several ......read more

Kuwait, 24 March 2025: Kuwait International Bank (KIB) recently organized its annual initiative of sharing an Iftar meal with security staff at the Bank and Joint Banking Complex, as part of its comprehensive corporate social responsibility strategy and commitment to humanitarian values. This initiative comes in appreciation of the security guards’ continuous efforts at work and reaffirms KIB’s dedication to supporting and fostering a spirit of solidarity within the Kuwaiti community. Speaking on the occasion, Basil Al-Suwaidan, General Manager of the Information Security, Privacy and Anti-Fraud Department at KIB, said: “This annual initiative reflects the Bank’s steadfast commitment to social responsibility and reinforces the values of solidarity and appreciation that KIB strives to instill in the community. ......read more

Kuwait, 24 March 2025 In the leadup to Eid Al-Fiter, Burgan Bank is once again participating in supporting the Eidity campaign in collaboration with the Central Bank of Kuwait (CBK), the Kuwait Banking Association (KBA), and KNET. As part of the campaign, a total of 15 ATMs spread across Kuwait in select branches, the bank’s Head Office – Main Branch, Al-Jahra and Al-Adailiya branches, and a number of malls, including the Avenues mall and gate 26, Al Assima Mall, Al-Khairan Mall, Marina Mall, Farwaniya Maghateer Mall, 360 Mall & 360 Food Court, will provide bank customers and the public with cash bills in all denominations. In addition, the Bank is providing customers with Eidya cash bills through its 28 branches across Kuwait, due to increased demand during the Eid period. The Eidity initiative has been quite ......read more

Kuwait, 23 March 2025: Kuwait International Bank (KIB) announced that its Eidiya service will be available across its nationwide network of branches and ATMs in the lead-up to Eid Al Fitr. This annual initiative aligns with the initiative launched by the Central Bank of Kuwait (CBK) in collaboration with the Kuwait Banking Association (KBA) on the same occasion. The annual Eidiya service further confirms the Bank’s commitment to offering comprehensive banking services and solutions that fulfill its customers’ needs and guarantee they enjoy a banking experience that is convenient and rewarding. The initiative also comes under KIB’s expansive social responsibility program. In this regard, Hassan Al Wayel, Executive Manager - Head of Quality & Control of Retail Banking at KIB, said: “We extend our warmest ......read more

Al-Jarrah:An enhanced strategy to strengthen KIB Group’s core banking operations and explore new avenues for growth Bukhamseen: Significant achievements and strong growth across all business sectors during 2024 Kuwait, 22 March 2025: Kuwait International Bank (KIB) held its Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) on Thursday, 20 March 2025, with 76.6% of shareholders in attendance. The AGM approved the agenda items of both the ordinary and extraordinary General Assembly meetings, among which was the recommendation to distribute cash dividends at a rate of 5% of the nominal value per share (5 fils per share) and 5% bonus shares (5 shares per 100 shares) from the issued and paid-up capital. While giving an overview of the KIB Group’s financial performance and achievements, Sheikh Mohammed ......read more

Kuwait, 20 March: Kuwait International Bank (KIB) recently set up a special awareness booth at Marina Mall aimed at raising banking awareness and enhancing financial literacy among community members. This initiative comes as part of the Bank’s ongoing commitment to supporting the directives of the “Let’s Be Aware” (Diraya) campaign, which was introduced by the Central Bank of Kuwait (CBK) and the Kuwait Banking Association (KBA) in collaboration with local banks. The effort further underscores KIB’s dedication to empowering customers with financial knowledge, enabling them to make informed decisions while ensuring the safety and security of their banking information. Commenting on the Bank’s initiative, Sultan Alhajri, Area Manager of Retail Banking at KIB, said: “As a bank that prioritizes ......read more

Kuwait, 19 March 2025: KIB Invest, the investment arm of Kuwait International Bank (KIB), is honored to have sponsored the 20th Anniversary Ceremony of the Union of Investment Companies (UIC). This milestone event, held on March 18 at the Grand Hyatt Hotel, celebrated two decades of UIC’s contributions to the investment sector. It highlighted UIC’s role in empowering investment companies and fostering economic growth in Kuwait. As a dedicated member of UIC, KIB Invest remains deeply engaged in the organization’s initiatives, with representatives actively contributing to key UIC committees. The UIC 20th Anniversary Ceremony brought together prominent executives, industry leaders, and key decision-makers from the investment, banking, and financial sectors. The event served as a platform to reflect on the ......read more

Kuwait, 20 March 2025 In celebration of the holy month, Burgan Bank announced renewing its collaboration with talabat app during Ramadan, offering customers a special discount of up to 50% on their orders paid for with Burgan credit cards on talabat. The offer echoes Burgan’s commitment to elevating its customers’ banking experience and adding value to their everyday transactions. Commenting on the Bank’s latest collaboration with talabat, Mr. Manaf Al-Menaifi, Acting General Manager – Retail Banking at Burgan Bank, said: “In banking, growing competition means growing expectations and value is no longer confined to the core offerings. Customers’ choice of Burgan comes with an expectation that their needs will be swiftly and efficiently met and that they will be rewarded for their loyalty with a ......read more

Kuwait, 18 March 2025: Kuwait International Bank (KIB) announced the winners of the weekly draw held under the Al Dirwaza account’s 2025 campaign, which is distinguished by the highest expected annual return and winning chances. The third weekly draw in March, based on customers’ February deposits, recently took place in the presence of representatives from the Ministry of Commerce and Industry, as well as representatives from the Bank. The KD 1,000 prize was awarded to Hussain Mohammad Naser Bo Abbas, Said Loutfy Said Abdullah, Hussin Ramadan Mohammed Qotb, Anfal Hameed Sayed Mostafawi, Hanan Abdulaziz Khaled Alghrair, whilst the KD 500 prize was awarded to Bader Haif Saad Alhajraf, Abdullah Ali Mohammad Alhaddad, Bjad Ahmad Bjad Alhajri, Eid Radaan Habeeb Mater, Ibrahim Ismaeal Hasan Alabdullah, Fahad Malehan Abdulmohsen ......read more

Confirming the soundness of its risk management strategy and overall institutional resilience Kuwait, 16 March 2025 Burgan Bank announced that it has received — Business Continuity Management Systems (BCMS) certification, ISO 22301:2019, attesting to the Bank’s forward-thinking risk management and mitigation strategies and confirming its ability to uphold its operations during times of disruption as per the best international practices. The certification further cements Burgan’s position as a reliable financial partner for its customers and stakeholders, validating the Bank’s robust frameworks, continuous investment in technology, and skilled workforce to ensure seamless banking operations. “We are honored to be certified with ISO 22301:2019 standard that published by the International ......read more

Kuwait, 10 March 2025: Kuwait International Bank (KIB) announced the conclusion of its silver sponsorship of the 4th edition of the Kuwait Sustainability Event (KSE), reaffirming its commitment to sustainability, financial literacy, and innovation. The event, which took place in mid-February in Murouj, was themed "Sustainability in Action" and served as a platform to showcase groundbreaking ideas, promote sustainable development, and encourage a greener future. The sponsorship came as part of KIB’s deep commitment to environmental, social, and governance (ESG) principles. Commenting on the occasion, Nawaf Najia, Executive Manager of ESG & Sustainability at KIB, highlighted the Bank’s strategic vision, stating: “Sustainability is not an option, but a responsibility. At KIB, we believe that financial ......read more

Kuwait, 9 March 2025: Kuwait International Bank (KIB) announced the launch of its Ramadan Cards Promotion, scheduled to run from March 1st to March 31st. The promotion aims to reward the Bank’s customers, allowing them to enter a draw to win exciting cash prizes by simply using their KIB Visa Credit or Prepaid Cards. Commenting on KIB’s latest promotion, Laila Nasrallah, Senior Manager, Products Development – Digital Innovation and Data Intelligence Department at KIB, said: “As part of our ongoing strategy to enhance customer engagement, we are pleased to introduce the Ramadan 2025 Cards Promotion. Our Visa Credit and Prepaid cardholders will be able to both enjoy the card offerings and benefits, such as KIB’s Cashback program and the KIB exclusive card features, along with the Ramadan promotion. This ......read more

Kuwait, March 10, 2025 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: •           HAGAR MOUSTAFA MAHMOUD •           NEAMAH MOHAMMAD ALAJMI •           BADER ESSAM BADER ALESSA •           ALI AHMAD ALAWADHI •           NEDAL ......read more

Kuwait, 8 March 2025: Kuwait International Bank (KIB) announced that Basil Al-Suwaidan, General Manager of the Information Security, Privacy and Anti-Fraud Department, has been named the CYSEC Cybersecurity Leader of the Year at the 14th edition of the CYSEC Global Expo and Conference, recently held in Kuwait, as part of the CYSEC Awards 2025. The award was officially presented to Al-Suwaidan at a distinguished ceremony held at Crowne Plaza Kuwait on the sidelines of the conference, which was sponsored by the National Cybersecurity Center. The event was attended by leading cybersecurity professionals, industry experts, and key stakeholders from the bank The CYSEC Awards recognizes outstanding contributions and innovations in cybersecurity across Kuwait, honoring individuals and organizations that have made significant strides in ......read more

Kuwait,5 March 2025: Kuwait International Bank (KIB) announced the winners of the monthly and weekly draw held under the Al Dirwaza account’s 2025 campaign, which is distinguished by the highest expected annual return and winning chances. The monthly and first weekly draw in March, based on customers’ February deposits, recently took place in the presence of representatives from the Ministry of Commerce and Industry, as well as representatives from the Bank. The KD 5,000 prize was awarded to Abrar Abdulrahman Humoud Alenzi,Asma Jassem Mohammad Gholoum, and for the weekly draw the KD 1,000 prize was awarded to Shaikhah Abdullah Mohammad Alradhwan, Bashaer Ali Abbas Alali, Mohammad Ahmad Mohammad Alrasheed, Hesham Ali Abdulmoneim Faragallah, Amer Hassan Alalow, whilst the KD 500 prize was awarded to Faisal Ibrahim Abdulaziz ......read more

Global dividends grew to a record $1.75 trillion in 2024, up 6.6% on an underlying basis Headline growth of 5.2% reflected lower one-off special dividends and the stronger US dollar 17 countries out of the 49 in our index saw record dividends, including some of the largest payers such as the US, Canada, France, Japan and China Large companies making their first dividend payments made a disproportionate impact – Meta, Alphabet and Alibaba accounted for one fifth of global dividend growth in 2024 Globally 88% of companies raised dividends or held them steady in 2024 Q4 payouts rose 7.3% on an underlying basis Forecast 2025: Headline growth of 5.0% to record $1.83 trillion, up 5.1% on an underlying basis DUBAI, UAE - Global dividends grew to a record $1.75 trillion in 2024, according to the Janus Henderson ......read more

Establishing itself as a trusted investment and wealth management partner for HNWIs and UHNWIs, with world-class offerings thanks to partnerships with global powerhouses such as BlackRock, KKR, Carlyle, and Apollo Kuwait, March 4th, 2025: Tapping into Kuwait’s widely favorable and inviting investment climate, the regionally renowned investment and wealth management powerhouse, The Family Office, recently landed in Kuwait, introducing a competitive suite of investment and wealth management solutions, tailored to Kuwait’s most aspiring high-net-worth individuals (HNWIs), ultra-high-net-worth individuals (UHNWIs), and affluent investors. Committed to redefining successful investment and wealth management in Kuwait, The Family Office merges tech-driven solutions with over two decades of experience and the resources of a ......read more

Kuwait, 3 March 2025: Kuwait International Bank (KIB), Med Cell Medical, a subsidiary of Mazaya Holding, and M2R Group have introduced "Salamtek," an advanced digital one-stop platform that provides users with a comprehensive suite of healthcare services and medical products. The Bank, along with Med Cell Medical, held a press conference to announce the launch of its pioneering platform. The event was attended by Abdullah Al-Awadi, KIB’s General Manager of Strategy, Mohamed El-Shareef, General Manager of KIB’s Digital Innovation and Data Intelligence Department, Ibrahim Al-Saqabi, Group CEO of Mazaya Holding, Salwa Nabil Malhas, CEO of Med Cell Medical, and Shadi Al-Samad, CEO of M2R. Commenting on the occasion, KIB’s Al-Awadi said: “The launch of the Salamtek platform is part of KIB’s ......read more

Kuwait, 1 March 2025: Kuwait International Bank (KIB) has announced the launch of its latest digital service, “Fast Transfer”, available exclusively on the KIB mobile banking application. This new international remittance service is launched in collaboration with Visa, a world leader in digital payments, to enable the Bank’s retail customers to transfer funds internationally to predefined beneficiaries’ bank accounts with unmatched speed, transparency and convenience. Through this partnership, KIB is the first bank in Kuwait to enable Fast Transfer based on the Visa Direct Account Capability platform for its customers. By integrating Visa Direct Account Capability, KIB’s “Fast Transfer” service ensures that beneficiaries receive the full remitted amount without any deductions, providing a ......read more