Exclusive offers for Ooredoo’s elite Nokhba Customers available today at the Head Office branch Special discounts for NBK customers for a limited time only Kuwait City, [19-09-2024] – As part of its ongoing commitment to providing its customers with cutting-edge technology and the best in innovation worldwide, Ooredoo Kuwait is thrilled to announce the launch of the highly anticipated iPhone 16, Apple’s latest smart phone. Available for purchase starting Friday in several branches across the country, Ooredoo is offering the new iPhone 16 with exclusive deals and exciting monthly installment plans tailored for early buyers. The iPhone 16 promises to elevate the smartphone experience with cutting-edge features such as the A18 chip, AI-driven camera system, the Action button to quickly access useful features ......read more
Kuwait, 18 September 2024: Kuwait International Bank (KIB) has announced the draw winners of its ‘Win with KIB Rewards’ campaign for the month of August. Running monthly until the end of the year, the campaign aims to reward customers who use KIB’s Banking App to open an Al Dirwaza account, issue a Multicurrency prepaid card, or open a deposit investment of any kind. The fourth batch of winners who won 3,000 reward points each are Abdullah Fawzi AlHebail, Mohammad Nader AlKhader, Rabab Eissa AlMukhtar, Zainab Shater Taher and Hajar Mohamed Ahmed. Commenting on the occasion, Nawaf Al-Khrayef, Assistant General Manager of the Retail Banking Department at KIB, said: “We are delighted to congratulate the fourth group of winners in this exceptional campaign, which is a great opportunity to reward our customers for ......read more
Upholding its committed support for the “Let’s Be Aware” (Diraya) campaign Kuwait, 18 September 2024 In conjunction with the back-to-school season and the growing financial responsibilities that accompany it, Burgan Bank renewed its efforts to raise awareness about safe banking practices and financial literacy as part of its ongoing support for the “Let’s Be Aware” (Diraya) awareness campaign – running for its fourth year under the supervision of the Central Bank of Kuwait (CBK) and the Kuwait Banking Association (KBA), with the support of Kuwaiti banks. The latest awareness campaign shed light on some of the most common phishing attacks and online scams, as well as the security measures that all customers must adopt to guarantee the safety of their personal information, bank accounts, ......read more
The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 17 September 2024: Kuwait International Bank (KIB) announced the winners of the weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners throughout the year. The third weekly draw, based on customers’ August 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 Fahad Aoda Halil Albadali, Nasrin Mohammad Hossein Nasab, Nada Abdulrahman Murekhan Alrashidi, Harbi Mosaad Alharbi, and Ibrahim Abdelmajid Alkaddah, whilst the KD 500 prize was awarded to Latifah Muhail Mohammad Alsallal, Rana Said Abdelhamid ......read more
As part of its committed human capital development and digital transformation strategies Kuwait, 17 September 2024 On its mission to become an employer of choice and lead with innovation, Burgan Bank launched its forward-looking development program, Burgan Lab Academy, which aims to prepare future tech leaders of the Kuwaiti banking industry. Starting September 29, the Burgan Lab Academy, developed in collaboration with CODED, the first coding academy in the Middle East, is set to host its first batch of fresh graduate trainees and provide job opportunities at Burgan Bank. This learning and development initiative comes as part of Burgan Bank’s dedicated efforts to invest in Kuwait’s human capital and raise the benchmark of professional competitiveness in the domestic labor market. Offering such a development ......read more
Kuwait, 15 September 2024: For the third consecutive year, and in parallel with its 50th anniversary, Kuwait International Bank (KIB) published its Annual Sustainability Report, which underscores the Bank’s achievements on the Environmental, Social, and Governance (ESG) front and its short and long-term impact on the market. Besides falling under the Bank’s ESG mandates for transparency as a committed adopter of the Central Bank of Kuwait’s (CBK) guidelines and a signee of the UN Global Compact, the KIB Annual Sustainability Report serves as an open source of knowledge and insight into Kuwait’s evolving banking and financial market. “Kuwait's banking and finance market is in a state of constant evolution, and we are proud to be contributors to this change. Among the most notable factors of this change ......read more
Kuwait, 12 September 2024: Kuwait International Bank (KIB) announced that it will continue to provide its online banking services around the clock during the Prophet’s Birthday (1446H) holiday. The Bank aims to meet the needs of its customers, whether inside Kuwait or abroad, during the holiday. The Bank will be closed for business on Sunday, 15 September 2024. Normal working hours will resume on Monday, 16 September 2024. KIB highlighted its commitment to serving its customers and enabling them to follow up on their financial affairs and complete their banking transactions with the utmost efficiency and without disruption at all times. The Bank indicated that it will continue to provide its banking services through all its digital platforms 24/7 during the holiday, which includes the KIB Mobile smartphone application that ......read more
Kuwait, 11 September 2024: Kuwait International Bank (KIB) announced the setup of a special booth at The Warehouse Mall with the aim of raising banking awareness and financial literacy among community members. This effort aligns with KIB's ongoing and dedicated initiatives to support the directives and recommendations of the “Let's Be Aware” (Diraya) financial awareness campaign, launched by the Central Bank of Kuwait (CBK) and the Kuwait Banking Association (KBA) in cooperation with local banks. It also comes as part of KIB’s commitment to its leading role in guiding customers, helping them make sound financial decisions, and protecting the security of their banking data. In this regard, Mariam Al-Nasser, Area Manager of Retail Banking at KIB, said: “One of KIB’s top priorities is fostering ......read more
The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 10 September 2024: Kuwait International Bank (KIB) announced the winners of the weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners throughout the year. The second weekly draw, based on customers’ August 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 Khaled Khalaf Humoud AlKhaldi, Mohammed Azeem Basheer, Mishal Abdullah Fahad Fahad, Lailah Hussein Ghuloum Hussein, and Kawther Abdulghani Abdulredha AlMutawa, whilst the KD 500 prize was awarded to Fawaz Abdullah Ayed AlAzmi, Serageldin Omar Ali ......read more
Omar Al Bassam: “As a people-oriented company, we focus on innovative programs that boost employee productivity” “Investing in national talent remains our top priority” Kuwait – 09 Sep 2024: Ooredoo Kuwait continues to enhance its internal work environment by adopting policies and programs aimed at creating a healthy and comfortable atmosphere for its employees, in line with the highest global standards. These efforts reflect the company’s commitment to the well-being of its employees and ensuring a balance between their professional and personal lives, which directly contributes to increasing productivity and improving the quality of work. As part of its ongoing commitment to creating an ideal work environment, Ooredoo has announced the launch of two initiatives: "Flexible Working ......read more
Kuwait, 9 September 2024: Kuwait International Bank (KIB) has announced the establishment of the largest comprehensive digital repository for real estate data in Kuwait, as part of its strategy to promote digital innovation in the real estate sector. This initiative addresses the urgent need for an exhaustive and easily accessible reference for real estate data, while also aiming to support and develop the real estate sector in the country. The Bank draws on its extensive experience in the real estate sector and its prominent position among financial institutions that provide reliable data, influencing real estate investment decision-making. Commenting on the occasion, Fahad Alsaleh, Senior Manager – Real Estate Advisory and Product Development and Support Division (PDSD) at KIB’s Real Estate Department, said: “The ......read more
Kuwait, 10 September 2024 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: • MARIEM ABDULRAZAK ALRADI • HUSSAIN ABD ALEMAM SULAIMAN • MOIZ ALI TATIWALA • IBRAHIM EISSA ALYAQOUB • LEENA MOHAMMAD ......read more
Confirming its commitment to offering high-net-worth clients a convenient private banking experience Kuwait, 9 September 2024 Burgan Bank announced that high-net-worth (HNW) clients can now enjoy the full range of Private Banking and Wealth Management services and products at the Al-Adailiya branch, making it the second Private Banking serving branch after Al-Shaheed branch. This network expansion is among many efforts to add ease and convenience to Burgan customers as part of the Bank’s dedicated customer satisfaction strategy. Commenting on the Private Banking network expansion, Mr. Meshari Abduljalil Shehab, General Manager – Private Banking and Wealth Management at Burgan Bank, said: “Catering to our customers’ needs spans everything from the products and services we innovate to the channels we ......read more
The Bank ranked 35th on the magazine’s list, confirming the strength of its financial standing and the success of its efforts in pursuing excellence and leadership Kuwait, 9 September 2024 Burgan Bank, one of the most prominent financial institutions in the region, added a new achievement to its track record by ranking 35th on The Banker magazine’s list of Top 100 Arab Banks in 2024. This high ranking affirms Burgan Bank’s leading position and influential role both regionally and internationally, reflects the confidence both investors and customers have in the Bank, and confirms its robust financial strength and commitment to the highest standards of governance and transparency. Commenting on this achievement, Mr. Fadel Abdullah, Chief Executive Officer – Kuwait at Burgan Bank, said: “We are proud ......read more
Reflecting its commitment to ESG and its leading role in championing sustainability in Kuwait Kuwait, 8 September 2024 Burgan Bank announced that it has been awarded the prestigious Leadership in Energy and Environmental Design- LEED v4.1 O+M: EB (Operations and Maintenance - Existing Buildings) Gold Certification by the U.S. Green Building Council (USGBC) for operations and maintenance at its head office building in Kuwait City. This notable achievement underscores the Bank’s commitment to sustainability, operational excellence, and environmental stewardship while adhering to the highest standards of Environmental, Social, and Governance (ESG) practices in banking. “Obtaining the LEED Gold certification for our existing building is a testament to our rigorous efforts to retrofit and optimize the operational ......read more
Confirming its unwavering commitment to the advancement of Kuwait’s arts and culture industry, supporting aspiring skilled artists, and engaging youth Kuwait, 5 September 2024 Expanding on the massive success and wide public acclaim of “Feykom Tarab? A Night with Miami”, which presented audiences with a uniquely immersive and multi-sensory musical experience, Burgan Bank announced the sponsorship of a bigger and more extravagant Free Jabriya Production: “Feykom Tarab? Sukkar Zeyada!”, featuring the cross-generational favorite, Miami Band. The elaborate performance is scheduled to take place for five nights between September 19 and 23 at The Arena Kuwait. The sponsorship marks a new milestone in Burgan Bank’s ongoing partnership with Free Jabriya Productions, which has yielded numerous successful ......read more
The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 3 September 2024: Kuwait International Bank (KIB) announced the winners of the monthly and weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners throughout the year. The monthly and weekly draw, based on customers’ August deposits, recently took place in the presence of representatives from the Ministry of Commerce and Industry, as well as representatives from the Bank. Nourah Yousef Mohammad Almowannes and Waleed Adnan Jumaa Alsubaiei were named the lucky winners in the monthly draw, with each customer walking away with a prize of KD 5,000. As for the weekly draw, the KD 1,000 prize was awarded to Huda Waleed Ali Hashem, Ahmed ......read more
Kuwait, 2 September 2024: Kuwait International Bank (KIB) announced the setup of a special booth at Marina Mall with the aim of raising banking awareness and financial literacy among community members. This effort aligns with KIB's ongoing and dedicated initiatives to support the directives and recommendations of the “Let's Be Aware” (Diraya) financial awareness campaign, launched by the Central Bank of Kuwait (CBK) and the Kuwait Banking Association (KBA) in cooperation with local banks. It also comes as part of KIB’s commitment to its leading role in guiding customers, helping them make sound financial decisions, and protecting the security of their banking data. In this regard, Yaqoub Ahmad Ashkanani, Area Manager of Retail Banking at KIB, said: “We are pleased to continue our efforts to promote ......read more
Kuwait, 1 September 2024: Kuwait International Bank (KIB) announced the successful conclusion of its KIB Life Academy Summer Camp for the second year, organized in collaboration with the international programming school Algorithmics Kuwait for the children of its employees and their relatives. This initiative reflects the Bank's strong belief in the importance of education and its commitment to providing young people with essential life skills that will benefit them in the future. Commenting on the initiative, Siham AlKhorayef, Manager – Learning and Development at KIB, said: “This exceptional event provided a gateway for children to acquire fundamental skills in video game design and the Python programming language. We crafted the camp program to blend fun with education, offering the children of our employees ......read more
The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 27 August 2024: Kuwait International Bank (KIB) announced the winners of the weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners throughout the year. The fourth weekly draw, based on customers’ July 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 Hussam Khorshid Najati, Ali Hossein Mohammad Rafiei, Abrar Naser Abdullah Alsuraiee, Abeer Esaam Afyoonei, and Aljazi Mubarak Abdulhadi Alajmi, whilst the KD 500 prize was awarded to Dalal Hamad Saleh Almudhayan, Ayyad Mohammed Ebrahim Alkandari, ......read more
[Kuwait, 25th August 2024] Continuing its legacy of leadership in the global telecommunications industry, Ooredoo Kuwait, the pioneer in telecommunications and integrated digital solutions, has added two prestigious titles to its growing list of accolades at this year’s Stevie Awards round. The company’s relentless pursuit of innovation in 5G technology and its application in real-world scenarios have earned it top honors in the first edition of the Stevie Awards for Excellence in Technology, as well as Stevie’s annual International Business Awards. Ooredoo Kuwait was awarded the Technical Innovation in Communication Technology award, in the new Technology Excellence Awards iteration introduced in Stevie’s extended list of award programs. This award celebrates Ooredoo's exceptional performance and ......read more
Kuwait, 24 August 2024: Kuwait International Bank (KIB) announced the launch of its first self-service ITM at Qurtoba Co-op in an effort to guarantee easy access to all KIB banking services and provide them in a modern and more convenient manner. This comes as part of the Bank’s commitment to implementing its comprehensive digital infrastructure development strategy and offering products and services that conform with the latest innovations and advances in the global banking industry. The new self-service ITM is also a testament to KIB’s unwavering commitment to fortifying and developing its suite of innovative financial solutions in response to the customers’ evolving needs and aspirations, cementing its role as a “Bank for Life”. Commenting on the self-service ITM opening, Nawaf Al-Khrayef, Assistant ......read more
Kuwait, 21 August 2024: Kuwait International Bank (KIB) announced that its KIB Life Academy, in collaboration with the American University of the Middle East (AUM), will sponsor four distinguished employees intending to pursue their dual master’s degree in business administration as part of the AUM-MBA Program with Joint Graduate Degree. This program, fully funded by KIB for its employees, is a testament to the Bank’s latest efforts to enhance their academic growth, reaffirming its commitment to investing in the development of its human resources and enhancing their capabilities. Commenting on the initiative, Feras Al Darmi, General Manager – Human Resources at KIB, said: "At KIB, we adopt a comprehensive development strategy that places employee development at its core. Today, we’re proud to witness this ......read more
Omar Al-Bassam: Empowering the Next Generation of Kuwait’s Telecommunications Leaders Over 95% of Executive Roles Successfully Localized Investing in Local Talent and Advancing Telecommunications Issa Al-Bashir: Partnering with Universities to Tailor Programs for Kuwaiti Youth [Kuwait, 20th August 2024] Ooredoo Kuwait continues to solidify its position as a leader in the telecommunications sector by advancing national leadership through targeted development programs. These initiatives are designed to unlock the potential of young Kuwaiti talents in key areas such as technology, communications, and artificial intelligence. Omar Al-Bassam, Chief Human Resources and Administration Services Officer (CHRO), emphasized the company’s dedication to enhancing productivity, fostering interaction, and developing ......read more
The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 20 August 2024: Kuwait International Bank (KIB) announced the winners of the weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners throughout the year. The third weekly draw, based on customers’ July 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 Ali Abdullah Saleh Alabboud, Bashaer Ali Abbas Alali, Ahmad Mohammad Shawqi Abu Alqomsan, Talal Mubarak Saud Alhajraf, Bibi Ebrahim Esmaeal Abdullah, whilst the KD 500 prize was awarded to Abdullah Nabil Shafik Abdeldayem, Sajer Mekhled Motlaq ......read more
Confirming its commitment to the nationwide Kuwaitization strategy Kuwait, 21 August 2024 Burgan Bank announced the appointment of Mr. Bader Al-Turkait as Deputy General Manager of Financial Institutions (FI) under the umbrella of its Treasury and Financial Institutions Group. In a series of new leadership appointments across its various functions, the latest talent acquisition comes as part of the Bank’s comprehensive human capital development strategy, which centers on acquiring and developing Kuwait’s most talented and aspiring calibers. The strategy aims to advance Burgan’s business role as well as raise the bar of qualifications across the domestic banking market’s talent pool. Commenting on Al-Turkait’s appointment, Mr. Abdullah Abdulmajeed Marafie, General Manager – Treasury and ......read more
In line with its steadfast support of the “Let’s Be Aware” (Diraya) campaign for the fourth consecutive year Kuwait, 20 August 2024 For the fourth 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 summer vacation and travel season, the Bank published a series of awareness tips across its social channels and website, which included short videos filmed as part of Burgan representatives’ presence at the Paris 2024 Olympics with Team Kuwait. The Bank’s latest awareness campaign covered a wide range of tips for ......read more
Kuwait, 19 August 2024: Kuwait International Bank (KIB) has announced the names of the winners of the second draw in its Summer Card Campaign, designed to reward its Visa Credit and Prepaid Cardholders and recently launched in collaboration with Visa. The winners are Naser Abdulaziza AlMutawaa, Talal Abdullah Alkhurayef, Athaar Rasheed AlMutairi, Abdulaziz Saad AlFathli, Mudhi Anwar AlSharhan, Abdullah Hassan Mohammed, Mohammad Bkheet AlAsfour, Abdullah Awadh AlMutawtah, Hani Abdulrahman AlRasheedi, and Dawoud Sulaiman Shebeeb. The announcement was made in the presence of representatives from the Ministry of Commerce and Industry, as well as KIB representatives. Commenting on the occasion, Laila Naserallah, Senior Manager of Product Development at the Digital Innovation and Data Intelligence Department, said: “The Summer Card ......read more
Cementing its role as a proactive corporate citizen in supporting the healthcare sector in Kuwait Kuwait, 19 August 2024 Burgan Bank recently concluded its annual blood donation campaign for its employees in a new effort to show solidarity with the community and play a proactive role in supporting Kuwait’s healthcare system. The campaign, organized in collaboration with the Central Blood Bank and the Ministry of Health at the Bank’s headquarters, falls under Burgan’s comprehensive social responsibility strategy and its continuous efforts to raise awareness about vital health and wellness topics. “On behalf of Burgan’s management, I would like to express my appreciation for every employee who participated in this year’s blood donation campaign,” said Mr. Naqeeb Amin, General Manager ......read more
Kuwait, 17 August 2024: Kuwait International Bank (KIB) announced receiving the “Best Retail Banking Product” award for the year 2024 from World Finance magazine. This recognition celebrates the Bank’s recent success in upgrading the KIB retail mobile application, designed to deliver an advanced level of digital banking services to individual customers. This accolade serves as a confirmation of the significant success the Bank continues to achieve under its comprehensive strategy to elevate customers’ digital banking experience, offering financial solutions tailored to their needs and modern lifestyles, in line with its slogan, ‘Bank for Life’. Commenting on the Bank’s latest recognition, which came as part of the magazine’s 2024 Islamic Finance Awards program, Othman ......read more
Reffirming its commitment to being at the forefront of technological advancement and customer satisfaction Kuwait, 18 August 2024 Burgan Bank announced the launch of its innovation and digital transformation central hub, “Burgan Lab”; in its latest effort to foster a culture of collaboration, creativity, and excellence. Stemming from the Bank’s vision to be the most modern and progressive bank in Kuwait, “Burgan Lab” is designed as a catalyst of customer-centric solutions that optimize every step of the Burgan banking journey using advanced tools and cutting-edge technologies. This falls under the umbrella of Burgan Bank’s committed digital transformation and human capital development strategies. “In a fast-paced industry where every day presents new challenges and opportunities ......read more
Kuwait, 15 August 2024: Kuwait International Bank (KIB) announced the setup of a special booth at Assima Mall with the aim of raising banking awareness and financial literacy among community members. This effort aligns with KIB's ongoing and dedicated initiatives to support the directives and recommendations of the “Let's Be Aware” (Diraya) financial awareness campaign, launched by the Central Bank of Kuwait (CBK) and the Kuwait Banking Association (KBA) in cooperation with local banks. It also comes as part of KIB’s commitment to its leading role in guiding customers, helping them make sound financial decisions, and protecting the security of their banking data. In this regard, Mariam Al-Nasser, Area Manager of Retail Banking at KIB, said: “We at KIB are proud to be an integral part of the sustainable ......read more
Q2 2024 (Million KD) Q2 2023 (Million KD) Variance (%) H1 2024 (Million KD) H1 2023 (Million KD) Variance (%) Revenue 375.4 327.8 14.5% 711.7 648.4 9.8% Net ......read more
Kuwait, 14 August 2024: Kuwait International Bank (KIB) has issued a warning to its customers about new types of fraud targeting individuals seeking properties for sale, rent, and investment through widely used social media platforms and advertisement applications. The Bank explained that many people have fallen victim to some of these scams, noting that it is cooperating with relevant authorities to mitigate these incidents and identify those responsible. This step is part of KIB’s commitment to monitoring all developments related to digital and traditional financial fraud. It also underlines the Bank’s continuous support for the “Let's Be Aware” (Diraya) financial awareness campaign, dedicated to promoting financial and banking literacy among all segments of society. Commenting on the occasion, Dawood ......read more
The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 13 August 2024: Kuwait International Bank (KIB) announced the winners of the weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners throughout the year. The second weekly draw, based on customers’ July 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 Samer Basem Awwad Awwad, Ahmed Bakry Abdelnaeim Deyab, Mahmoud Ali Abdulmontaleb Abdullah, Tambe Mohammed Zaynol Abdeen, and Yaqoub Mohammad Habeeb Alkanderi, whilst the KD 500 prize was awarded to Adel Saud Abdulaziz Alsallal, Abdulrahman Mohammad ......read more
Kuwait, 10 August 2024: Kuwait International Bank (KIB) announced the signing of an innovation cooperation agreement with the Australian University (AU), which aims to involve university students in a specialized innovation boot camp designed to help them address various banking challenges and propose innovative solutions. The agreement also seeks to provide undergraduate students with internships and employment opportunities that align with their interests and aspirations, setting them up for a successful start to their career journey. The new agreement reflects the Bank’s commitment to its comprehensive social responsibility strategy, providing full support to educational institutions and enhancing the education sector's role in achieving sustainable social and economic development. Commenting on the cooperation ......read more
As part of the Bank’s dedicated commitment to the holistic development of its human capital Kuwait, 11 August 2024 Burgan Bank recently celebrated three of its employees who completed their undergraduate studies and earned their bachelor’s degrees as part of the “Burgan Cares” program, which has now expanded to encompass postgraduate support. This comes in line with the Bank’s dedicated human capital development strategy and its unwavering commitment to embedding Environmental, Social, and Governance (ESG) practices in its operations and culture. Since its launch in 2022, the “Burgan Cares” program has centered on advancing employees in their careers by supporting their academic endeavors. In its initial phase, the program focused on sponsoring employees’ efforts to earn a ......read more
Kuwait, 7 August 2024: Kuwait International Bank (KIB) announced the relaunch of the field training and part-time work project for recent graduates, in collaboration with the Union of Consumer Co-Operative Societies. This initiative is part of the Bank’s social responsibility program and its strategy to play a role in training and qualifying national talents while contributing to the work of the sales and customer service sector within KIB's Retail Banking Department. Commenting on the renewed program, Musab Al-Shalan, Deputy General Manager - Retail Banking Department at KIB, said: “We are proud to participate in offering this important training program for another year. We regard it as an outstanding opportunity for students and recently graduated Kuwaiti youth interested in receiving professional practical training ......read more
Confirming its steadfast support of the growth and success of employees and their families Kuwait, 7 August 2024 As part of its unwavering support for its employees and their families, Burgan Bank organized a ceremony to honor the academically outstanding children of its employees, who graduated from high school with top honors. The ceremony was held at Burgan’s Head Office in the presence of the Bank’s Executive Management, the 11 honorees, and their families, as a testament to Burgan’s steadfast support of the youth of Kuwait, beginning with the Bank’s family and extending to all circles of society. This comes as part of the Bank’s comprehensive social responsibility program and committed strategy for adopting Environmental, Social, and Governance (ESG) principles in business and community ......read more
The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 6 August 2024: Kuwait International Bank (KIB) announced the winners of the monthly and weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners throughout the year. The monthly and weekly draw, based on customers’ July deposits, recently took place in the presence of representatives from the Ministry of Commerce and Industry, as well as representatives from the Bank. Fahad Mohammad Battal Aldaihani and Naser Fuad Mohammad Alquraini were named the lucky winners in the monthly draw, with each customer walking away with a prize of KD 5,000. As for the weekly draw, the KD 1,000 prize was awarded to Hana Khodor Khodor, Mahmoud Ali ......read more
Within the framework of its expansion plans and digital transformation strategy Kuwait, 5 August 2024: Kuwait International Bank (KIB) has announced a list of key achievements during the first half (H1) of 2024, reflecting the Retail Banking Department’s ongoing efforts towards providing the best quality of digital banking services and products that are constantly being updated and ......read more
As part of the Bank’s partnership with KOC and its dedicated efforts to bolster the sports culture in Kuwait Kuwait, 6 August 2024 As the 2024 Olympic Games unfold in Paris, Burgan Bank reaffirms its unwavering support of Team Kuwait, commending the extraordinary athletes’ efforts in pursuing Olympic glory. This comes as part of Burgan’s renewed partnership with the Kuwait ......read more
Kuwait, 4 August 2024 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 increases with higher deposits. The 20 lucky winners ......read more
Ooredoo’s commercial and financial performance remains solid Normalized Net Profit growth of 14% Doha, Qatar, 31 July 2024: Ooredoo Q.P.S.C. (“Ooredoo”) – Ticker: ORDS announced its financial results for the six-month period-ended 30 June 2024. HALF YEAR 2024 (H1 2024) HIGHLIGHTS: * Revenue increased by 3% to QAR 11.8 ......read more
Kuwait, 31 July 2024: Kuwait International Bank (KIB) has fortified its retail banking digital platform, KIB Mobile, with new features, confirming the Bank’s commitment to its comprehensive digital strategy and unwavering efforts to elevate its customers’ banking experience. On its mission to achieve its digital strategy’s goals, KIB continues to introduce new innovative ......read more
Kuwait, 31 July 2024 Burgan Bank (“Burgan” or “the Bank”) announced its financial results for the first half of 2024 (H1’24), for the period ending June 30, 2024. The Bank reported KD 111 million in revenues for H1’24, marking an impressive growth of 19% year-on-year (y-o-y). The increase in revenues was primarily driven by higher Net-Interest Income of ......read more
The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 29 July 2024: Kuwait International Bank (KIB) announced the winners of the weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners throughout the year. The fifth weekly draw based on ......read more
[Kuwait City, 29th July 2024] – Reaffirming its role as a trusted partner to its customers, extending far beyond its position as a leading integrated telecommunications provider, Ooredoo Kuwait, proudly announces a new collaboration under the award-winning Nojoom Awards program - the largest and most celebrated customer rewards initiative. Further expanding its Nojoom partners network ......read more
As part of its comprehensive social responsibility program and unwavering commitment to women's empowerment Kuwait, 30 July 2024 Burgan Bank recently hosted a ceremony celebrating 18 young women who completed “Empower Her”, the Bank’s summer internship program for undergraduate students. The event took place at the Bank’s head office in the presence of ......read more
Kuwait, 28 July 2024: At the core of the Kuwait Municipality’s continuous developmental efforts, a significant stride has been taken in the Shuwaikh Beach Development Project, an initiative that promises to boost the landscape of leisure and recreation in Kuwait. As of the beginning of 2024, all the project’s design stages have been completed and the tendering phase has officially ......read more