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KIB warns against cyber fraud risks amid current conditions

KIB warns against cyber fraud risks amid current conditionsKuwait, 9 April 2026: As part of its ongoing support for the banking awareness campaign “Let’s Be Aware” (Diraya), launched by the Central Bank of Kuwait and the Kuwait Banking Association in collaboration with local banks, Kuwait International Bank (KIB) urged the public to remain vigilant against suspicious links or messages from unknown sources that promote urgent claims or misleading content designed to entice individuals to click on them, potentially exposing their personal and financial data to the risk of cyber fraud or security breaches. This warning comes amid a global rise in fraud schemes, as fraudsters increasingly adopt more sophisticated methods to target users online and on social media platforms. KIB stressed the importance of avoiding opening any links received from unofficial or unfamiliar sources, ......read full article

Burgan Bank Concludes its Campaigns Carried Out During the Holy Month of Ramadan and Joyous Eid Al-Fitr, Reaffirming its Commitment to the Nation and its Community Despite the Exce

The Bank organized a number of initiatives and events while postponing other activities in tune with current developments Kuwait, 1 April 2026 Amid the exceptional circumstances that reshaped the priorities for community engagement, Burgan Bank concluded its 2026 Ramadan campaign and Eid Al-Fitr initiatives, reaffirming its continued commitment to its national role and responsibility toward society. While the Bank organized a number of initiatives and events at the beginning of the holy month, it postponed some of its traditional annual activities and gatherings that typically take place during the second half of the month, in tune with current developments and out of concern for everyone’s safety. This Bank further expressed its deep appreciation for the dedication of the nation’s protectors and frontline personnel ......read full article

Burgan Bank Shareholders Approve 6 Fils Cash Dividend and 5% Bonus Shares for 2025

Burgan Bank Shareholders Approve 6 Fils Cash Dividend and 5% Bonus Shares for 2025 At the 62nd Annual General Assembly Meeting Kuwait, 29 March 2026 – Burgan Bank K.P.S.C. (“Burgan Bank” or “the Bank”) held its 62nd Annual General Assembly Meeting on Saturday, 28 March 2026, at its headquarters, with a quorum of 83.122% of shareholders present, exceeding the minimum threshold of more than 50% as prescribed by regulatory guidelines and the Bank’s bylaws. During the meeting, shareholders reviewed the Bank’s financial results and operational performance for the fiscal year ended 31 December 2025, and approved the distribution of cash dividend of 6 fils per share, in addition to bonus shares of 5% (five shares for every 100 shares owned), in line with the Bank’s commitment to delivering sustainable returns to its investors while maintaining strong capital and ......read full article

Makhazen Reports FY 2025 Results

Makhazen Reports FY 2025 ResultsSolid Performance as Company Completes Strategic Transformation 24 March 2026 – Makhazen, the new operating brand of Agility Public Warehousing Company KSCP, today announced its financial results for the year ended 31 December 2025. For FY 2025, Makhazen reported net profit from continuing operations of KD 49.3 million, or 19.31 fils per share, an increase of 13.1% compared to the same period last year. EBITDA increased 37.8% to KD 83.1 million and EBIT increased 42.9% to KD 74.9 million, while revenue stood at KD 151.5 million, these results reflect solid performance across the Group's operating businesses. As of December 31, 2025, Makhazen total assets stood at KD 1.1 billion and equity attributable to shareholders stood at KD 569.9 million. Net debt stood at KD 199 million. 2025 Performance In a pivotal ......read full article

KIB's AGM approves 8% cash dividend and 5% bonus shares for the year 2025

KIB's AGM approves 8% cash dividend and 5% bonus shares for the year 2025 Kuwait, 16 March 2026: Kuwait International Bank (KIB) held its Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) on Monday, 16 March 2026, with 76.05% of shareholders in attendance. During the meeting, all agenda items of both the Ordinary and Extraordinary General Meetings were approved, including the Board of Directors’ recommendation to distribute cash dividends at a rate of 8% of the nominal value per share (8 fils per share) and 5% bonus shares (5 shares per 100 shares) for the year ended 31 December 2025. While giving an overview of the KIB Group’s financial performance and achievements, Sheikh Mohammed Jarrah Al-Sabah, Chairman of KIB, stated: “Despite global economic challenges and the rapid pace of technological transformation, KIB, by the grace of Allah, has delivered a strong and ......read full article

KIB facilitates “Eidiya” access across branches and ATMs ahead of Eid Al Fitr

KIB facilitates “Eidiya” access across branches and ATMs ahead of Eid Al FitrKuwait, 16 March 2026: In preparation for Eid Al Fitr, Kuwait International Bank (KIB) announced the availability of its annual Eidiya service across its network of branches and ATMs throughout Kuwait. Through this service, KIB aims to provide customers with convenient access to Eidiya in various denominations, supporting their Eid preparations while reaffirming the Bank’s commitment to delivering accessible and customer-focused banking solutions. Commenting on the initiative, Nawaf Al-Khrayef, Deputy General Manager of Retail Banking at KIB, said: “We extend our warmest wishes to the leadership and people of Kuwait as we approach Eid Al Fitr. At KIB, we continuously work to offer practical banking solutions that simplify everyday transactions and align with their lifestyles. The Eidiya service reflects our commitment to ......read full article

KIB confirms the continued delivery of its banking services with high efficiency

KIB confirms the continued delivery of its banking services with high efficiencyKuwait, 7 March 2026: Kuwait International Bank (KIB) continues to provide its banking services to customers as usual across its various channels, while maintaining full operational readiness to ensure services continue efficiently and reliably. In light of the current circumstances facing the country, KIB confirms that its banking systems and technological infrastructure are operating at full readiness, enabling customers to conduct their transactions easily and securely through its branch network and various digital channels. Prioritizing the safety of its customers and employees, KIB has activated its business continuity and risk management plans in line with approved procedures. These measures ensure operational stability and the uninterrupted delivery of services, in accordance with the directives of the Central Bank of ......read full article

Ooredoo Kuwait Approves Record Cash Dividend of 150 Fils Per Share

Ooredoo Kuwait Approves Record Cash Dividend of 150 Fils Per Share• Shareholders approve 2025 financial results with 93% attendance • Earnings per share reach 154 fils • Chairman Sheikh Nasser bin Hamad bin Nasser Al-Thani: 56% profit growth reflects our long-term commitment to shareholders • CEO Abdulaziz Yaqoub Al-babtain: Strategic partnerships position Ooredoo at the forefront of technology in line with Kuwait Vision 2035 Kuwait – 7th March 2026 Ooredoo Kuwait has approved a record cash dividend of 150 fils per share, the highest in the company’s history, following the approval of shareholders during its Ordinary and Extraordinary General Assembly meeting for the fiscal year ending December 31, 2025. The meeting was held on Wednesday, 4 March 2026, at the company’s headquarters with 93% shareholder attendance. The session was chaired by board ......read full article

Double Recognition at the Asian Telecom Awards in Singapore Ooredoo Kuwait Wins Telecom Company of the Year for the Third Time

Double Recognition at the Asian Telecom Awards in Singapore Ooredoo Kuwait Wins Telecom Company of the Year for the Third TimeAbdulaziz Yaqoub Al-Babtain Named CEO of the Year 2026 Kuwait – 5 March 2026: In a new milestone reflecting its continued excellence and leadership journey, Ooredoo Kuwait proudly announced that it has won two prestigious awards at the 2026 Asian Telecom Awards. The company was crowned “Telecom Company of the Year” for the third consecutive year, while Abdulaziz Yaqoub Al-Babtain was named “CEO of the Year 2026.” This recognition reaffirms the strength of the company’s institutional strategy, the effectiveness of its executive leadership, and its outstanding performance within the global telecommunications sector. Ooredoo Kuwait was honored at one of the industry’s most prominent international gatherings during a distinguished ceremony held at the Marina Bay Sands Expo & ......read full article

Burgan Bank Celebrates Kuwait National Day with a Campaign Honoring Actions that Shaped the Nation

Burgan Bank Celebrates Kuwait National Day with a Campaign Honoring Actions that Shaped the Nation The Bank’s people-centric tribute garnered millions of views, reflecting strong national engagement across generations Kuwait, 25 February 2026 – Building on the recent launch of its brand refresh and the reintroduction of its core brand narrative, ‘Driven by You’, Burgan Bank recently concluded its 2026 National Day campaign under the title: ‘Thank You for the Good That Shaped Our Nation’. The campaign stood as a natural extension of the Bank’s renewed identity, placing people at the center of progress, purpose, and national pride. At its core, the initiative reflected a simple yet powerful belief: Kuwait’s story has always been written through action, effort, loyalty, and the individuals whose contributions — quiet or visible — have shaped the nation’s path ......read full article

Ooredoo Kuwait Strengthens Its Support for Digital Content Creation Through “51” Platform at KON Conference

Ooredoo Kuwait Strengthens Its Support for Digital Content Creation Through “51” Platform at KON ConferenceNouf Al-Mashaan: 51 is a national project exporting Kuwait’s media identity to the Arab world and strengthening its regional digital presence Strategic partnership with the Ministry of Information to build a sustainable digital ecosystem that supports creativity and expands the reach of Kuwaiti content Kuwait – February 16, 2026 Ooredoo Kuwait announced its participation as a main strategic sponsor of the Kuwait Annual Content Creators Conference (KON), held on February 12–13. The event brought together content creators, digital platforms,leading brands, and industry experts from across the Arab world to discuss the future of Arabic content, its growth prospects, and long-term sustainability. Speaking during a panel discussion titled “Can Kuwait Export a Regional Media Platform?”, Nouf Musaed ......read full article

KIB signs cooperation agreement with Lothan Hospital to offer 0% medical financing

KIB signs cooperation agreement with Lothan Hospital to offer 0% medical financingKuwait, 15 February 2026: Kuwait International Bank (KIB) announced the signing of a cooperation agreement with Lothan Hospital, one of Kuwait’s leading specialized medical institutions. The agreement reflects the Bank’s commitment to providing integrated solutions and value-added benefits that facilitate customers’ access to healthcare services and contribute to enhancing their quality of life. The agreement was signed on behalf of KIB by Othman Tawfeqe, General Manager of Retail Banking, while Lothan Hospital was represented by the CEO and Board Member, Abdullah Ahmed Alsebeih. The partnership aims to offer a range of financial and medical solutions that provide customers of both parties with a more flexible and seamless experience when accessing healthcare services. The agreement includes offering financing at ......read full article

KIB signs a cooperation agreement with ACICO to provide affordable financing solutions for citizens to build their residential plot

KIB signs a cooperation agreement with ACICO to provide affordable financing solutions for citizens to build their residential plotKuwait, 14 February 2026: Kuwait International Bank (KIB) announced the signing of a strategic cooperation agreement with ACICO Group, a leader in the construction and industrial sectors. The announcement was made during a meeting held to mark the partnership, which aims to offer affordable financing solutions and exclusive incentives for citizens seeking to build their residential plots, in line with their aspirations and the growing demands of the real estate and construction sectors. The agreement was signed by Othman Tawfeqe, General Manager of Retail Banking at KIB, and Ahmed Ghassan Al-Khaled, Vice Chairman at ACICO Group. This step reflects KIB’s commitment to providing distinguished banking and financing services that are compliant with the principles of Islamic Shari’ah, with a strong focus on supporting the ......read full article

Burgan Bank and Kuwait Fire Force Launch a Safety Awareness Campaign During Camping Season

Burgan Bank and Kuwait Fire Force Launch a Safety Awareness Campaign During Camping Season Under the theme “Driven by You and Your Safety is Our Responsibility” The campaign aims to raise awareness of camping related safety procedures and reduce the risk of accidents. Active participation from management and volunteer employees underscores the Bank's commitment to community engagement and its involvement in social campaigns and events. Field visits were conducted at several locations and camping safety kits, containing essential camping equipment, were distributed. Kuwait, 11 February 2026  Stemming from its national role in supporting community safety and promoting responsible behaviors, Burgan Bank announced its cooperation with the Kuwait Fire Force to launch a joint awareness campaign during the desert camping season, under the slogan “Driven by You and Your Safety is Our ......read full article

KIB wins IFN's “Regulatory Deal of the Year 2025” award for its USD 300 million sustainable Sukuk issuance

KIB wins IFN's “Regulatory Deal of the Year 2025” award for its USD 300 million sustainable Sukuk issuanceKuwait, 8 February 2026: Kuwait International Bank (KIB) announced that it has won the “Regulatory Deal of the Year 2025” award for its USD 300 million sustainable Sukuk, issued last year as part of its Tier 2 capital. This recognition from the globally renowned Islamic Finance News (IFN) highlights the exceptional success of the issuance, which was recognized as the first of its kind for sustainable Sukuk issued by a Kuwaiti institution. These Sukuk also achieved remarkable success by recording the highest oversubscription rate of an issuance by a financial institution in the Middle East and North Africa (MENA) region during 2025. IFN commended KIB for its successful issuance of innovative Tier 2 Sukuk that integrated international Basel III standards with the Shari’ah standards. It noted that the transaction ......read full article

Burgan Bank Organizes a Financial Literacy Workshop and Tour of its Head Office for Students of the American United School as Part of the "Let's Be Aware" Campaign

Burgan Bank Organizes a Financial Literacy Workshop and Tour of its Head Office for Students of the American United School as Part of the "Let's Be Aware" Campaign In line with the Bank’s “Teach Them Young” CSR program Kuwait, 8 February 2026 Expanding on its robust strategy for investing in Kuwait’s national talents and equipping future-ready youths to lead the banking sector, Burgan Bank hosted the American United School (AUS) high school students at the head office, as part of “Teach Them Young”, Burgan Bank’s youth-focused corporate social responsibility (CSR) initiative. The field visit covered several topics, including the history of banks and the evolution of the banking profession, modern digital banking services, safety practices against financial fraud, an introduction to the “Let’s Be Aware” (Diraya) campaign launched by the Central Bank of Kuwait (CBK) and the Kuwait Banking Association (KBA), in cooperation with ......read full article

Ooredoo Kuwait Group reported strong 9% growth in revenue to reach KWD 774 million in 2025

Ooredoo Kuwait Group reported strong 9% growth in revenue to reach KWD 774 million in 2025Dividend of 150 fils per share recommended Kuwait City, Kuwait: National Mobile Telecommunications Company K.S.C.P “Ooredoo” (Ticker: OOREDOO) announced today its financial results for the year ended 31 December 2025:  Financial Highlights: Consolidated revenue increased by a strong 9% to KWD 774 million in 2025, compared to KWD 711 million in 2024. Revenue growth was supported by the strong operational performances in Algeria, Tunisia and Kuwait. Consolidated customer base increased by 3% to 27.4 million in 2025 compared to 26.6 million in 2024. EBITDA increased by 20% in 2025 to reach KWD 313 million compared to KWD 262 million in 2024. Normalizing for the impact of the one-off bad debt provision raised in 2025 and 2024, EBITDA increased by 16% YoY. Net profit attributable to NMTC increased ......read full article

Dukhan Bank Becomes the First Bank in Qatar to Launch a Digital Onboarding Kiosk

Dukhan Bank Becomes the First Bank in Qatar to Launch a Digital Onboarding KioskDoha, Qatar – February 1, 2026: Dukhan Bank has announced the launch of Qatar’s first self-service digital onboarding kiosk, marking a significant milestone in secure, customer-centric banking innovation. The new kiosk is available 24 hours a day, seven days a week at Dukhan Bank’s headquarters in Lusail, enabling customers to open accounts through a fully digital, paperless process designed to deliver speed, trust, and convenience. The launch reinforces Dukhan Bank’s continued commitment to advancing digital banking solutions. The kiosk integrates advanced verification technologies, including biometric liveness checks, intelligent document scanning, and real-time identity verification. Once verified, customers can complete account opening within minutes and receive their bank card instantly through on-site ......read full article

KIB hosts its first specialized panel discussion on the valuation of industrial plots and the impact of regulatory decisions

KIB hosts its first specialized panel discussion on the valuation of industrial plots and the impact of regulatory decisionsKuwait, 31 January 2026: Kuwait International Bank (KIB) recently hosted its first panel discussion, titled “Valuation of Industrial Plots and the Impact of Regulatory Decisions,” as part of efforts to strengthen institutional collaboration and advance professional practices in the real estate valuation sector. The event was held in collaboration with the Kuwait Real Estate Valuers Association and Kuwait Finance House (KFH). The panel discussion, held at the KIB Mubader Center, attracted a distinguished audience of specialists and professionals from the real estate sector. The organizing entities underscored the importance of this initiative in supporting the professional development of real estate valuation and strengthening integration between the banking and professional sectors, contributing to a more efficient and ......read full article

Burgan Bank and Kamco Invest to host their third Investment Conference, bringing together thought leaders and industry experts

Burgan Bank and Kamco Invest to host their third Investment Conference, bringing together thought leaders and industry expertsKuwait, 6 January 2026: Burgan Bank and Kamco Invest are set to host the third edition of their exclusive Investment Conference at St. Regis Kuwait on Monday, February 2nd, 2026. Building on the strong foundation of the previous editions, the event will convene an elite gathering of thought leaders, industry experts, and institutional investors for insightful discussions on critical topics shaping the global economy, geopolitics, and diverse asset classes. As global markets continue to evolve amid geopolitical shifts, rapid technological advancement, and changing macroeconomic dynamics, the conference is firmly positioned as Kuwait’s leading platform for market insight, strategic dialogue, and informed investment perspectives. Under the theme “Insights & Strategies Shaping Opportunities,” this year’s ......read full article

Ooredoo Kuwait Group reported solid revenue growth of 9% to reach KWD 573 million for nine-month period ended 30 September 2025

Ooredoo Kuwait Group reported solid revenue growth of 9% to reach KWD 573 million for nine-month period ended 30 September 2025Earnings per share of 136 fils Sheikh Nasser Bin Hamad Bin Nasser Al Thani : Net profit attributable to the company rises by more than 60% to KWD 68 million Strengthening shareholder value through sustainable growth, continuous innovation, and outstanding execution Abdulaziz Yaqoub Al-Babtain: Earnings per share up by 62% to 136 fils Our partnerships and projects with both the public and private sectors reaffirm our leadership in Kuwait’s technological advancement Kuwait City, Kuwait: National Mobile Telecommunications Company K.S.C.P “Ooredoo” (Ticker: OOREDOO) announced today its financial results for the nine-month period ended 30 September 2025:  Financial ......read full article

Burgan Bank ISO/IEC 20000-1:2018 Certification Renewed

Burgan Bank ISO/IEC 20000-1:2018 Certification RenewedConfirming the Bank’s unwavering commitment to maintaining the highest standards for ITSM in line with its robust digital transformation strategy  Kuwait, 14 August 2025  In a testament to the success of the Bank’s ongoing digital transformation, Burgan Bank announced the successful renewal of its International Organization for Standardization and International Electrotechnical Commission ISO/IEC 20000-1:2018 certification, reaffirming the strength of its digital infrastructure and its alignment with global best practices for information technology system management. The recertification followed a rigorous external audit, which validated the efficiency, scalability, and continuous improvement of Burgan Bank’s IT operations, underscoring its commitment to delivering a consistently high-quality digital ......read full article

Burgan Bank Launches “Data Champion” Bootcamp in Partnership with CODED

Burgan Bank Launches “Data Champion” Bootcamp in Partnership with CODEDReaffirming its commitment to fostering a data-driven culture and investing in the Bank’s human capital Kuwait, 7 August 2025: As part of its ongoing investment in human capital and commitment to fostering a culture of continuous learning, Burgan Bank announced the launch of its latest Learning and Talent Development (LTD) endeavor: the Data Champion bootcamp.  Developed in strategic partnership with CODED – the region’s first dedicated coding academy – the program is the first of its kind in Kuwait, designed to build data fluency across the Bank and deepen its digital transformation efforts.  This intensive, month-long internal bootcamp aims to upskill employees from across Burgan Bank’s departments with\ essential data analytics capabilities, enabling them to extract insights, drive smarter ......read full article

KIB delivers a workshop on the fundamentals of investment and real estate appraisal at Kuwait University for the third consecutive year

KIB delivers a workshop on the fundamentals of investment and real estate appraisal at Kuwait University for the third consecutive yearKuwait, 6 August 2025: Kuwait International Bank (KIB), represented by its Real Estate Department, announced the delivery of its fifth specialized workshop on the fundamentals of investment and real estate appraisal at Kuwait University. Running for the third consecutive year, the workshop is part of a series of training events organized by the Bank in collaboration with the College of Business Administration at Kuwait University, under the framework of the memorandum of understanding (MoU) signed between the two parties. This initiative comes as part of the Bank’s comprehensive corporate social responsibility program, which focuses on supporting education, transferring practical knowledge, and expanding collaboration with academic institutions. It also reflects the Bank’s commitment to implementing Environmental, Social, ......read full article

CINET Showcases Its Credit Analytics Experience at the 19th Meeting of the Arab Committee on Credit Information

CINET Showcases Its Credit Analytics Experience at the 19th Meeting of the Arab Committee on Credit Information[Kuwait, 6th August 2025] Kuwait Credit Information Network Company (CINET) participated in the 19th meeting of the Arab Committee on Credit Information, organized by the Arab Monetary Fund. The event brought together leaders in the credit information industry across the region to discuss current challenges and best practices in credit reporting and scoring services. CINET’s participation highlighted how it utilizes data science and artificial intelligence in credit evaluation and risk management, offering valuable insights into the role of data analytics in enhancing institutional decision-making. Representing CINET at the event were Mrs. Mai Bader Al-Owaish, Chief Executive Officer, and Mr. Fouzan Y.  Al-Sumait, Senior Manager of Data and Artificial Intelligence. They delivered a specialized presentation outlining ......read full article

KIB signs an agreement with The British School of Kuwait to offer a zero-profit tuition installment service

KIB signs an agreement with The British School of Kuwait to offer a zero-profit tuition installment serviceKuwait, 5 August 2025: Kuwait International Bank (KIB) has announced the signing of a partnership agreement with The British School of Kuwait (BSK), allowing parents to benefit from a convenient tuition installment service. This initiative aims to expand access to quality education while offering families a more flexible and manageable approach to covering tuition fees. The agreement was unveiled during a press conference held at the school, attended by KIB’s General Manager of Retail Banking Othman Tawfeqe, and BSK's Founder and Director – Madam Vera Al-Mutawa MBE, along with several representatives from both sides. Commenting on the new partnership, Othman Tawfeqe, General Manager of the Retail Banking Department at KIB, stated: “We are proud to partner with The British School of Kuwait, one of the oldest and ......read full article

Ooredoo Kuwait Launches Platform 51 on Board Kuwait Airways Flights

Ooredoo Kuwait Launches Platform 51 on Board Kuwait Airways Flights Platform 51 showcases public-private synergy in shaping a digital ecosystem rooted in national identity A pioneering content roadmap aligned with Kuwait’s development vision Kuwait August 4th, 2025- As part of a strategic partnership aimed at elevating Kuwait’s digital, cultural, and media presence both regionally and globally, Ooredoo Kuwait, through its subsidiary FASTtelco, has announced the launch of Phase Two of its collaboration with Kuwait Airways through the activation of Platform 51—a digital initiative from the Ministry of Information—on the national carrier’s in-flight entertainment system. This move builds on the initial agreement signed between FASTtelco and Kuwait Airways, which laid the foundation for Platform 51’s presence on board flights. The initiative aims to introduce ......read full article

Burgan Bank Launches “Free Airport Ride” Campaign for Elite Customers

Burgan Bank Launches “Free Airport Ride” Campaign for Elite Customers In line with its dedicated customer satisfaction strategy and expansive rewards program Kuwait, __ August 2025: As part of its ongoing efforts to enrich its banking experience, Burgan Bank has launched its latest summer campaign: a complimentary chauffeured airport ride for all Elite Visa Signature debit card holders. The “Free Airport Ride” campaign falls under Burgan Bank’s year-round loyalty program, specifically targeting Elite customers and designed to offer them premium services that cater to their lifestyles – from everyday banking benefits to rewarding add-on experiences. Speaking about the promotion, Mr. Mohammed Al-Yaseen, Deputy General Manager – Retail Banking at Burgan Bank said: ““Summer is a time for travel, family moments, and new experiences — and we’re here ......read full article

KIB awarded “Excellence in Digital Leadership and Customer-Centric Banking in Kuwait” for 2025 by World Union of Arab Bankers

KIB awarded “Excellence in Digital Leadership and Customer-Centric Banking in Kuwait” for 2025 by World Union of Arab BankersKuwait, 4 July 2025: Kuwait International Bank (KIB) has been awarded by the World Union of Arab Bankers (WUAB) with the “Excellence in Digital Leadership and Customer-Centric Banking in Kuwait for the Year 2025” award. The accolade was presented during the 11th Arab Banks Awards and Commendations of Excellence 2025 ceremony, held in Beirut and organized by The Banking Executive Magazine, the Union’s official publication. The ceremony was attended by Mr. Musab Al-Shalan, Deputy General Manager of the Retail Banking Department, who accepted the award on behalf of the Bank, along with Ms. Marwa Marafie, KIB’s Marketing & Corporate Communications Manager. This prestigious honor reaffirms KIB’s remarkable achievements in digital infrastructure and strategic commitment to placing customer service at the ......read full article

Ooredoo Kuwait Wins Big at the Stevie® Awards, Named “Company of the Year”

Ooredoo Kuwait Wins Big at the Stevie® Awards, Named “Company of the Year”- Three Major Wins at the Prestigious Global Stevie® Awards for Technology Excellence Issa Haidar: “Success is no longer measured by speed alone, but by the real impact on society and the economy.” Kuwait 2nd August 2025- Ooredoo Kuwait, the leading provider of telecommunications and technology solutions, has reaffirmed its leadership in digital innovation by winning three major honors at the globally renowned Stevie® Awards for Technology Excellence—a premier recognition program celebrating outstanding achievements in the business world. The company received the following accolades: 🥇 Gold Stevie Award – Company of the Year in Information Technology – Telecommunications 🥉 Bronze Stevie Award – Technical Innovation of the Year 🥉 Bronze Stevie ......read full article

Burgan Bank Champions Mental Wellness with Launch of Emotional Aid Workshop

Burgan Bank Champions Mental Wellness with Launch of Emotional Aid WorkshopConfirming its commitment to fostering a supportive work environment, in line with its role as a certified Great Place to Work® Kuwait, 4 August 2025 Driven by its commitment to fostering a supportive work environment and leading positive change in Kuwait’s banking sector, Burgan Bank hosted Emotional Aid workshop, in collaboration with Anara, at its head office. The workshop was delivered by Dr. Kim Dillen, PhD, a licensed neuropsychologist with extensive experience in mental health care, brain imaging, and neuropsychological assessment, to select senior staff members across various departments, equipping them with the necessary skills to become Burgan Bank’s trusted Emotional Wellness Champions. This initiative, which was widely met with enthusiasm from across the Bank’s different departments, is part of an ......read full article

Burgan Bank Reports Stable Financial Performance for H1 2025

Burgan Bank Reports Stable Financial Performance for H1 2025 Posting a net income of KD 21 million and an operating profit of KD 49 million Kuwait, 31 July 2025: Burgan Bank (“Burgan” or “the Bank”) announced its financial results for the first half of 2025 (H1’25), for the period ending June 30, 2025. The results indicate continued operational progress and consistent performance across key business areas. During the first half of the year, the Bank recorded revenues of KD 126 million, representing a 14% increase year-on-year (y-o-y) compared to H1’24. The growth was primarily supported by an increase in Net Interest Income, which rose to KD 83 million, marking a 16% y-o-y increase. This was driven by stronger Net Interest Margins, which improved to 2.2% in H1’25 from 2.1% in the same period last year, along with continued expansion ......read full article

Burgan Bank Joins Regional Sustainability Leaders with Inclusion in FTSE4Good Index Series

Burgan Bank Joins Regional Sustainability Leaders with Inclusion in FTSE4Good Index SeriesRecognizing the Bank’s commitment to adopting the global ESG standards Kuwait, 30 July 2025 Burgan Bank announced its inclusion as a constituent in the FTSE4Good Index Series, an affirmation of its unwavering commitment to ESG best practices. Developed by global index and data provider FTSE Russell, the FTSE4Good Index Series is a globally recognized benchmark that measures the performance of companies demonstrating strong Environmental, Social, and Governance (ESG) practices. These indices are widely used by investors and asset managers to incorporate ESG factors into their investment decisions, as well as to create and evaluate responsible investment funds and related financial products.  Built on transparent management standards and rigorous assessment criteria, FTSE Russell’s evaluations consider performance in ......read full article

Ooredoo Kuwait Group reported a strong 6% growth in revenue to reach KWD 367 million in H1 2025

Ooredoo Kuwait Group reported a strong 6% growth in revenue to reach KWD 367 million in H1 2025 Earnings per share of 83 fils Nasser bin Hamad bin Nasser Al Thani: I have full confidence in our team’s ability to capitalize on our strong results and execute our strategic priorities We will continue investing in our network to ensure high-quality service and strengthen customer trust Abdulaziz Yaqoub Al-Babtain: Our strategic partnerships with both public and private sectors played a key role in achieving these outstanding results We remain committed to our approach centered on operational efficiency, digital transformation, and sustainable innovation Kuwait City, Kuwait: National Mobile Telecommunications Company K.S.C.P “Ooredoo” (Ticker: OOREDOO) announced today its financial results for the six-month period ended 30 June 2025:  Financial ......read full article

KIB offers its Black segment customers complimentary airport transfers in luxury limousine vehicles in partnership with Wiyak

KIB offers its Black segment customers complimentary airport transfers in luxury limousine vehicles in partnership with WiyakKuwait, 27 July 2025: Kuwait International Bank (KIB) announced the launch of an exclusive new offer for its Black segment customers, providing complimentary airport transfers in luxury limousine vehicles, in collaboration with its trusted partner, Wiyak. This initiative comes as part of KIB’s ongoing commitment to delivering an exceptional banking experience and premium benefits to its valued customers, reflecting the Bank’s dedication to elevating service standards and enhancing the overall customer journey. Commenting on the offer, Mariam Al-Nasser, Head of Branches and Premier Banking at KIB, said: “At KIB, we are committed to enriching the experience of our Black segment customers through carefully tailored services that align with their lifestyle and meet their aspirations. Our collaboration with Wiyak falls ......read full article

KIB announces Municipal Council's approval of its initiative to beautify and develop Darwaza Al-Abdulrazzaq Tunnel

KIB announces Municipal Council's approval of its initiative to beautify and develop Darwaza Al-Abdulrazzaq TunnelKuwait, 27 July 2025: Kuwait International Bank (KIB) announced that the Municipal Council has approved its initiative to carry out the beautification and development of “Darwaza Al-Abdulrazzaq”, fully funded by the Bank. This step reflects KIB’s steadfast commitment to its national and social responsibility, as part of the Kuwaiti private sector, and its keenness to actively contribute to projects that enhance Kuwait’s urban landscape and serve the public interest. Darwaza Al-Abdulrazzaq is a vital landmark in the heart of Kuwait City. This gives it particular significance in terms of pedestrian movement and business activity. The site also carries historical value, reflecting the architectural heritage of the city, making its development a truly national project that reinforces the features of Kuwaiti ......read full article

KIB Group reports net profit of KD 14.8 million for H1 of 2025

KIB Group reports net profit of KD 14.8 million for H1 of 2025Kuwait, 23 July 2025: Sheikh Mohammed Jarrah Al-Sabah, Chairman of Kuwait International Bank (KIB), announced the Group’s financial results for the first half (H1) ended 30 June 2025. KIB Group achieved net profit attributable to shareholders amounting to KD 14.8 million, compared to KD 12 million in H1 2024, reflecting a growth of 23%. Earnings per share (EPS) stood at 7.11 fils, compared to 5.70 fils for the same period last year. Total operating income was almost KD 46.3 million, registering a growth of 10% compared to the first half of 2024. Commenting on the latest financial results, Al-Jarrah emphasized that this outstanding performance marks a starting point towards achieving the Bank’s ambitious goals under its new five-year strategy, which aims to strengthen its position in the banking sector through continued ......read full article

Ooredoo Kuwait Enhances “Passport” Roaming Plans, Now Covering Over 80 Countries Worldwide

Ooredoo Kuwait Enhances “Passport” Roaming Plans, Now Covering Over 80 Countries WorldwideIn a move that underscores its commitment to enhancing connectivity while traveling, Ooredoo Kuwait, the leading provider of digital and integrated telecommunications services, has announced a comprehensive upgrade to its international roaming bundles, “Ooredoo Passport.” These revamped plans allow customers to stay connected through seamless internet access and voice calls in more than 80 countries, offering flexible packages and competitive prices tailored to diverse travel needs. Launched in time for the busy summer travel season, which sees a surge in regional and international trips, the new Passport plans reflect Ooredoo Kuwait’s dedication to meeting the evolving demands of travelers. With specially curated roaming bundles, customers can now enjoy greater value, wider coverage, and a reliable, stable ......read full article

KIB promotes Naser Al-Qenai to General Manager of the Facilities Administration Department

KIB promotes Naser Al-Qenai to General Manager of the Facilities Administration DepartmentKuwait, 20 July 2025: As part of its continued efforts to develop the next generation of leaders and accelerate the recruitment of promising Kuwaiti talent in leadership roles, Kuwait International Bank (KIB) announced the promotion of Naser Al-Qenai to General Manager of the Facilities Administration Department. This promotion reflects the Bank’s strategic focus on appointing qualified national professionals to senior leadership positions and fostering a positive work environment that supports the growth and advancement of local talent. KIB firmly believes that investing in Kuwaiti talent is the foundation of its continued success and excellence in the banking sector. With this in mind, the Bank remains committed to developing its employees and fostering a work environment that encourages innovation and supports the ......read full article

KIB employees come together to support annual blood drive in partnership with Kuwait Central Blood Bank

KIB employees come together to support annual blood drive in partnership with Kuwait Central Blood BankKuwait, 8 July 2025: Kuwait International Bank (KIB) concluded its annual blood donation campaign, launched in partnership with the Kuwait Central Blood Bank. Held under the meaningful slogan “Every Donation Saves Lives,” the campaign was hosted at the Bank’s headquarters and drew wide participation from employees who volunteered to donate blood in support of national healthcare efforts and humanitarian causes. This campaign aligns with KIB’s long-standing commitment to corporate social responsibility and its integrated Environmental, Social, and Governance (ESG) framework. Emphasizing the significance of the campaign, Abdullah Al Khamees, Assistant Manager - Marketing Department and Corporate Communications Unit at KIB, said: “At KIB, we believe that the true strength of a corporate institution lies in ......read full article

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