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. “Obt ......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. T ......read more

London, UK: The World Travel & Tourism Council (WTTC) today launched its 2024 Economic Impact Trends Report, which has revealed the U.S. as the world’s most powerful Travel & Tourism market, contributing a record-breaking $2.36 TN to the nation’s economy last year. Despite the slow return of spending from international travellers, the U.S. keeps pole position, with almost double the economic contribution of its nearest rival. Following a record-breaking year for Travel & Tourism, the sector continues to be the backbone to many country economies, while supporting millions of jobs globally. The latest report from the global tourism body reveals China as the wor ......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 dra ......read more

Riyadh, Saudi Arabia, 3rd September 2024 – While the world is still absorbing Cristiano Ronaldo’s newly launched YouTube channel reaching 50 million subscribers in less than a week, another remarkable YouTube milestone has been thriving in the background of this. A podcast episode by Thmanyah, meaning ‘eight’ in Arabic, saw remarkably more views, 110 million so far, than any other podcast episode ever posted on YouTube, breaking the Guinness World Records title for Most viewed podcase episode on the platform.    This milestone beats out the Joe Rogan's famous interview with Elon Musk, which garnered 68 million views over five years. But a Saudi Ara ......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. ......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 vide ......read more

Kuwait, 31 August 2024: Kuwait International Bank (KIB) has announced an exclusive financing offer on the latest Chevrolet models. The offer includes profit-free Musawama financing with a five-year repayment period, and a three-year or 100,000 km warranty, subject to the terms and conditions of the offer. This initiative reflects the Bank's commitment to meeting the needs and aspirations of its customers and complements KIB's efforts to provide top-level financing offers that ensure customer comfort and well-being. It also underscores KIB’s continuous effort to enhance its partnership with the local Chevrolet dealer, Alghanim Motors Company. Commenting on the new offer, Head ......read more

As August heats up, essence is turning up the sparkle with its JUICY BOMB shiny lipglosses— the perfect addition to the summer days. These glosses have taken TikTok by storm, and if you haven't jumped on the JUICY BOMB trend yet, now's the perfect time to get in on the hype. The JUICY BOMB shiny lipgloss is all about fun and freshness, featuring three mouthwatering flavors: Lovely Litchi, Proud Papaya, and Witty Watermelon. Each gloss delivers not just a burst of juicy flavor but also a vibrant, ultra-glossy finish that’s perfect for any summer day. What sets JUICY BOMB apart? It’s the perfect blend of gloss and practicality. The formula is ultra-glossy yet no ......read more

Say goodbye to heavy makeup and hello to effortless glow this summer with Catrice’s must-have duo: Skin Glaze Hydrating Serum Primer + Sun Glow Eye And Cheeks Palette. These beauties are all you need to slay that dewy, sun-kissed look everyone’s craving! Why They’re Everything: - Skin Glaze Hydrating Serum Primer: Hydration meets glow in this game-changing serum. It smooths, hydrates, and gives you that glassy, lit-from-within vibe. Perfect for staying fresh and radiant under the sun! - Sun Glow Eye And Cheek Palette: This palette is the chef’s kiss for achieving that perfect sun-drenched look. With warm, blendable shades, it’s your all-in-one for bronz ......read more

29 August 2024 (Geneva) - The International Air Transport Association (IATA) released data for July 2024 global passenger demand with the following highlights: Total demand, measured in revenue passenger kilometers (RPK), was up 8.0% compared to July 2023. Total capacity, measured in available seat kilometers (ASK), was up 7.4% year-on-year. The July load factor was 86.0% (+0.5ppt compared to July 2023). There was no significant negative demand impact from the CrowdStrike IT outage on 19 July. International demand rose 10.1% compared to July 2023. Capacity was up 10.5% year-on-year and the load factor fell to 85.9% (-0.3ppt compared to July 2023). Domestic demand&nbs ......read more

Dubai, United Arab Emirates - August 29, 2024 - TikTok is hosting the METAP region's first-ever TikTok Ad Awards, designed to celebrate creativity, innovation, and outstanding performance in TikTok advertising. The competition is open for submissions from brands and agencies across the METAP region - encompassing Saudi Arabia, UAE, Qatar, Morocco, Egypt, Turkey, South Africa, and Pakistan. As the submission deadline approaches on September 7, 2024, TikTok is offering key tips and tricks for agencies and companies aiming to make their entries stand out: What's the challenge? Show how the unique TikTok features or culture were the solution to your creative challenges. Who& ......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 Afyo ......read more

Kuwait, 26 August 2024: Kuwait International Bank (KIB) has announced an exclusive financing offer on the latest Honda models. The offer includes profit-free Musawama financing with a five-year repayment period and a five-year or 150,000 km warranty, subject to the terms and conditions of the offer. This initiative reflects the Bank's commitment to meeting the needs and aspirations of its customers and complements KIB's efforts to provide top-level financing offers that ensure customer comfort and well-being. It also underscores KIB’s continuous effort to enhance its partnership with the local Honda dealer, Alghanim Motors Company. On the occasion of launching this special o ......read more

LA, USA - AUGUST 22: Bella Hadid, wearing Rene Caovilla Floriane Sandal to the launch of her newest Orebella fragrance "Nightcap”     ...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 ......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 need ......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 ......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 ......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 Mubara ......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 ......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 represent ......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 ......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 expre ......read more

Kuwait City, 19 August 2024: Jahez International Company (“Jahez-Kuwait”), a pioneering platform that connects customers with their favorite restaurants through online orders, announced that it has sponsored over 60 high school graduation ceremonies across Kuwait. The sponsorship of these various graduation ceremonies this year marks Jahez-Kuwait's first venture into supporting educational milestones, aimed at celebrating the achievements of graduating students and engaging with their families through interactive activities. As part of the sponsorships, Jahez-Kuwait set up interactive booths at each graduation event to greet the recent graduates and their families. The booths featured a v ......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’. Commenti ......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 ......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. ......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 Revenue 237.5 199.8 18.9% 459.9 386.9 18.9% EBITDA 63.4 60.5 4.9% 134.2 120.9 ......read more

[Kuwait, 14th August 2024] In a landmark achievement that redefines the internet experience at home, Ooredoo Kuwait, leading provider of integrated telecommunications services and innovative digital solutions, announced the launch of its cutting-edge home networking solutions, "Home Internet." This next-generation service is designed to deliver reliable, high-speed internet connectivity tailored to meet the needs of every household, offering a range of coverage, speed and stability options that cater to the diverse demands of its customers. In a word from Mr. Tapan Tripathi, Chief Commercial Officer at Ooredoo Kuwait, on this special occasion, said: “At Ooredoo Kuwait, ......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) financi ......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 Moha ......read more

[Kuwait, 12th August 2024] Telecommunications leader and pioneer of digital solutions, Ooredoo Kuwait, proudly celebrates the remarkable success of the new digital entertainment platform in Kuwait, [51] - considered a collaborative initiative between the Kuwaiti Ministry of Information and FASTtelco, a subsidiary of Ooredoo Kuwait. Launched just 90 days ago as a trial broadcast, the platform has captivated millions of viewers from 186 countries, tuning in to watch content from Kuwait’s TV and radio. Ooredoo Kuwait recently revealed that the platform garnered over 6 million views, driven by the broadcast of the 2024 Elite Football Championship held in the United States and the launch ......read more

Food-inspired skincare routines to make you smell like a snack ‘Little treats’ are in for summer 2024, so Lush has collated some of its favourite food-inspired routines to satisfy even the sweetest tooth. From indulgent chocolate to awakening citrus, take a whiff of these four foodie routines to find a new favourite fragrance profile. Berries and cream trifle Catapult this iconic 70s dinner party dessert into the 21st century with a wibbly wobbly raspberry Conga Shower Jelly (AED60) starring softening almond milk - pop in the fridge before use on sticky summer days! Then pop on a smudge of Cherry Lip Scrub (AED65) to polish your pout to perfection, with moisturising F ......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 insti ......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 thei ......read more

07 August 2024 – In partnership with the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF)? and the General Secretariat of the Supreme Council for Planning and Development (GSSCPD), the United Nations Development Programme (UNDP) has launched a call for applications, inviting Kuwaiti young nationals and residents to participate in the Knowledge Week that will be hosted in Kuwait City, in October 2024. The Knowledge Week aims to empower Kuwaiti youth by equipping them with future skills and knowledge to contribute to national development and engage in meaningful dialogue with policymakers. The event will take place on 6-10 October 2024. It will introduce keynote addresses an ......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. ......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 r ......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 ......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 developed in adherence to the highest banking standards and the latest technologies adopted worldwide. These efforts culminate in guaranteeing customers are satisfied and their ever-evolving needs are met while ensuring the safety and security of their data. The set of results also testify to KIB&rsqu ......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 Olympic Committee (KOC) and its proud sponsorship of Team Kuwait. These initiatives align with the Bank’s comprehensive social responsibility program and efforts to elevate Kuwait's sporting landscape. Moreover, it reinforces Burgan Bank’s commitment to integrating Environmental, Soc ......read more

Pottery Barn is thrilled to announce the opening of its new flagship store in Grand Avenue - The Avenues, Kuwait. As the exclusive Pottery Barn location in the country, this store is strategically situated near its sister brand, West Elm, creating a dynamic shopping destination for design enthusiasts and loyal customers alike. The launch event, held recently, was a spectacular affair, drawing industry leaders, key influencers, and interior designers. The highlight of the evening was a captivating workshop by the renowned Tasneem AlAmeeri, who shared her expertise on elevating living rooms and bedrooms, along with stunning floral arrangements. Attendees were also treated to an exclusive gi ......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 are: •           MOHAMMAD ALI SHAMSAH •           AHMAD NASER ALMANSOUR •           SAAD AYED ALRASHEEDI •       &n ......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 billion         * EBITDA up by 6% to QAR 5.1 billion         * EBITDA margin increased to 43%, up by one percentage point (pp)         * Normalized Net Profit reached QAR 1.9 billion, up by 14%         * CAPEX spend of QAR 1.0 b ......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 benefits that guarantee comfort, ease, and safety at every step of its digital banking experience, enabling customers to gain easy access to a wide range of banking products and services that fulfill their everyday needs, respond to their aspirations, and suite their modern lifestyles. In light of the ne ......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 KD 71 million, up 17% y-o-y and robust Non-Interest income of KD 39 million, up 24% y-o-y. Burgan’s Net interest margin also increased to 2.1% in H1’24 as compared to 1.9% during H1’23 – an improvement of 20bps y-o-y. Driven by higher revenues, the Bank reported a strong Ope ......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 customers’ June 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 Fatemah Abdullah Abdulaziz Alrasheed Albader, Gharisah Meaidh Mesfer Alajmi, Abdulaziz Nassar Ghadhban Alkha ......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 within the retail fashion sector, Ooredoo Kuwait has secured a strategic partnership with Landmark Group, home to well-known brands such as Centrepoint, Max, Home Centre, Lifestyle, Splash, Shoemart, and Babyshop. The significant partnership was officially signed during a ceremony, led by Ooredoo Kuwai ......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 Burgan’s Executive Management, female leaders, and the graduates’ families, featuring the interns’ graduation project “My Female Role Model”, and highlighting their numerous achievements throughout the three-week program. The internship program stems from Burgan Bank’s co ......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 kicked off. In the earliest days of the project, Kuwait Municipality engaged multidisciplinary architecture firm Pace to envision and create a design for the waterfront area. Seeing as it is a national and social initiative aimed at creating a vibrant waterfront destination for residents and visitors ......read more

Kuwait, 27 July 2024: Kuwait International Bank (KIB) has announced the launch of a new initiative titled “Empowering Kuwaiti Startups”, designed to support local small and medium-sized enterprises (SMEs) that play a vital role in the economy. The new initiative underscores KIB’s commitment to fostering local business growth and providing greater opportunities for collaboration and success. It also solidifies the Bank’s continuous support of the country’s vision and efforts to position Kuwait as an economic and commercial hub within the region. Commenting on the occasion, Nasser Al-Osaimi – Head of Procurement at KIB, said: “The new initiative is ......read more

Company Sets New Records for Second Quarter Revenue and Operating Profit Through Balanced Qualitative Growth in Core and Future Businesses Dubai, July 26, 2024 — LG Electronics Inc. (LG) today announced second-quarter 2024 consolidated revenue of KRW 21.69 trillion and operating profit of KRW 1.20 trillion, reflecting an 8.5 percent year-over-year increase in revenue and a 61.2 percent surge in operating profit. These figures mark new records for the highest second-quarter revenue and operating profit in the company’s history. Key drivers of this performance include the home appliance and vehicle component sectors, both achieving their highest quarterly revenues to date. S ......read more

[Kuwait, 24th July 2024] In the press conference hosted by the Communications and Information Technology Regulatory Authority (CITRA) in Kuwait, Ooredoo Kuwait affirmed its pivotal role in the launch of the new “Kashef” service. This innovative service, developed in collaboration with local telecommunications operators, including Ooredoo Kuwait, aims to identify callers in public telecommunications networks. As a leader in integrated telecommunications services and digital solutions, Ooredoo Kuwait is committed to providing the necessary technology and support to activate this service, thereby enhancing the user experience and fostering a secure and reliable communications e ......read more

Confirming the strength of the Bank’s financial core and its prudent risk management  Kuwait, 25 July 2024 Burgan Bank announced that Standard & Poor’s Global Ratings (S&P) has affirmed its long-term and short-term issuer credit ratings at “BBB+/A-2” with a “stable” outlook, reflecting its expectations that the Bank’s financial profile will remain broadly solid. The global agency assessed Burgan’s Standalone Credit profile (SACP) at “bb+”, Anchor at “bbb-”, Support at “+3”, and Additional Factors at “0”. The agency stated that the released credit ratings bear no impact on the ......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, 24 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 fourth weekly draw, based on customers’ June 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 Majedah Abdulsamad Mohammad Alsaleh, Naser Khlaif Nuhaiter Alsulaili, Mohammad Salem Kuredi Aldousari ......read more

Under the umbrella of its dedicated social responsibility strategy and unwavering support for the aspiring youth of Kuwait Kuwait, 24 July 2024 In line with its comprehensive social responsibility strategy, its commitment to the best Environmental, Social, and Governance (ESG) practices, and unwavering efforts to support the education sector and encourage Kuwait’s most aspiring students, Burgan Bank recently supported the ceremony held under the patronage of Ahmadi Governorate to honor the top-scoring General Secondary Education graduates across the governorate’s districts. The event, hosted at the Ahmadi Guest House, was attended by Ahmadi Governor His Excellency Sheikh Hu ......read more

Kuwait, 24 July 2024: Kuwait International Bank (KIB) Chairman Sheikh Mohammed Jarrah Al-Sabah has revealed the financial results for the first half (H1) of the year, which ended on 30 June 2024. During this period, KIB achieved KD 12 million of net profit attributable to shareholders, (i.e. 103% growth) with earnings per share (EPS) standing at 5.99 fils. Commenting on the results, Al-Jarrah asserted that KIB delivered an outstanding financial performance during the first six months of 2024. He said: “The financial results reflect the strength of the Bank’s financial position, its flexible business model and its ability to achieve sustainable profits. This success is attribut ......read more

Kuwait City, [22-07-24] – Ooredoo Kuwait, renowned for its commitment to technological advancement and nationalization initiatives, proudly announces the appointment of Issa Haidar as Chief Technology Officer, effective immediately. In his new role, Haidar will spearhead Ooredoo Kuwait's strategic technology initiatives, aligning them with the company's vision of enriching lives through advanced communications solutions. Haidar brings nearly two decades of expertise in telecommunications, having joined Ooredoo Kuwait in August 2005 and progressively holding roles of increasing responsibility, most recently serving as Director of Network Planning and Design. His leadership ha ......read more

Kuwait, 22 July 2024: Kuwait International Bank (KIB) has announced the draw winners of its new ‘Win with KIB Rewards’ campaign for the month of June. 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 second batch of winners who won 15,000 reward points each are Julio Oliveira, Ahmad Shalayel, Saleh Alazmi, Ali Mousawi, Ahmad Gadi, Omer Ahmed, Amani Redha, Kmashah Alsaleh, Shaymaa Alshatti, and Abdulaziz Alrasheedi. Commenting on the occasion, Nawaf Al-Khrayef, Assistant General Manager of the Retail Ban ......read more

Earnings per share of 50 fils Kuwait City, 21st July 2024: National Mobile Telecommunications Company K.S.C.P “Ooredoo” (Ticker: OOREDOO) announced today its financial results for the half year ended 30 June 2024:  Financial Highlights:   Quarterly Analysis Half Year Analysis    Q2 2024  Q2 2023  % change  H1 2024 H1 2023  % change  Consolidated Revenue (KWD m) 177 163 8% 346 31 ......read more

Kuwait, 21 July 2024: Kuwait International Bank (KIB), represented by its Real Estate Department, recently delivered its second specialized workshop on the fundamentals of investment and real estate appraisal at Kuwait University's (KU) College of Business Administration. This initiative comes as part of KIB’s support of the “Let’s Be Aware” (Diraya) awareness campaign and the Bank's mission to transfer knowledge and expertise to a wide range of students, whom KIB views as promising future assets. Additionally, this effort is part of implementing its memorandum of understanding with KU to integrate practical studies into the university’s academic curricu ......read more

Confirming its steadfast commitment to rewarding its loyal customers and encouraging the savings culture in Kuwait Kuwait, 22 July 2024 Burgan Bank recently welcomed Mr. Mohammad Hassan Zeinalpour, who was announced the winner of the KD 500,000 Kanz semi-annual draw, at its head office where he met with Burgan Bank’s management. This follows the Bank’s event that was held at 360 Mall where Zeinalpour was announced the winner, under the supervision of the Ministry of Commerce and Industry. Burgan Bank's invitation for the winner is a testament to its commitment to its loyal customers as it continues to play an active role in providing them with opportunities to enhance t ......read more

  Alsaei: This sponsorship aligns with our broader vision of fostering community engagement and encouraging healthy lifestyles Kuwait City, 00 July 2024: Jahez International Company (“Jahez-Kuwait”), a pioneering platform that connects customers with their favorite restaurants through online orders, announced its sponsorship of the two Kuwaiti female padel players, Noor Hassan and Dalal Al Qenaei. The sponsorship of the two padel champions comes as part of Jahez-Kuwait’s ongoing commitment to support the communities it serves and empower local athletes by providing them with the necessary resources and visibility to excel in their sports. The two female a ......read more

[Kuwait City, 20th July 2024] – In line with the busy travel season, Ooredoo Kuwait announces the upgrade of its global roaming services. With unmatched coverage, competitive rates, and exceptional service quality, the leading telecommunications provider is committed to ensuring seamless connectivity for its customers, no matter where they are in the world. Ooredoo customers traveling this summer can rest assured they will have access to voice and data connectivity without incurring expensive roaming charges. The telco leader’s reach extends further across the globe, providing reliable and affordable connectivity. Customers can benefit from the comprehensive Ooredoo Passpor ......read more

As part of the Bank’s committed human capital development strategy Kuwait, 21 July 2024 Burgan Bank recently launched the 2024 edition of its flagship development program Ro’ya, which 50 select Burgan talents will be attending this year. The launch ceremony was held at “The Rock”, the iconic recreational space of Burgan’s head office, in the presence of the Bank’s top management as well as supporting colleagues who came together to cheer their peers on. The program aims to support Burgan’s top-performing employees’ and new hires’ professional and personal growth across various departments and employment grades through tailored dev ......read more

Kuwait, 20 July 2024: Kuwait International Bank (KIB) announced the launch of the new WAMD service, designed to provide a more efficient, secure and convenient experience for customers when making instant payments and money transfers via the KIB Mobile app. The new instant payment system, powered by KNET under the authority and supervision of the Central Bank of Kuwait (CBK), enables straightforward account-to-account money transfers using a valid number, eliminating the need to share sensitive banking information. This launch is part of KIB’s commitment to enhancing its range of digital banking solutions and continuously improving the level of financial services and products, in line ......read more

The streets of Mercato are buzzing with excitement as daily circus shows transform the area into this summer's hottest destination, running until end of July.  The highlight of the season is the Harlequin European Circus, renowned for its spectacular performances. These energetic and suspenseful show features performers whose incredible movements captivate and engage the audience, creating an unforgettable experience. Adding to the excitement, comedy sensation Jon Udry brings his unique tricks to the stage, guaranteeing laughter for everyone. His show is a must-see for those looking to add a touch of humor to their visit. Children are in for a treat with roaming performances on Mer ......read more

Kuwait, 17 July 2024: Pace is pleased to announce that three of its projects have made it to the final shortlist for the World Architecture Festival (WAF) Awards 2024. The festival is set to take place from November 6 to 8, 2024, in Singapore. The largest architectural awards program of its kind in the world, WAF features live judging of shortlisted projects and brings together elite architects and designers from around the globe to exchange expertise and showcase the latest innovations in design and construction. This year, a jury of 140 industry experts selected finalists across 41 categories, celebrating over 477 innovative architectural projects. Pace’s Beautification of Shuw ......read more

Ensuring that employees receive uncompromised care every day Kuwait, 19 July 2024 In a new effort to continue providing a well-rounded, healthy work environment that caters to employees' holistic well-being, Burgan Bank announced that a dedicated healthcare professional will be available at the HQ’s medical clinic to tend to the employees’ medical needs without delay. The newly introduced on-site medical care service is a testament to Burgan’s commitment to its social responsibility strategy and its mission to be an employer of choice in Kuwait. “At Burgan Bank, our employees’ health and overall well-being is our single most important priority. It i ......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 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 third weekly draw based on customers’ June 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 Abbas Ali Khalaf, Ghasan Khalifa Abdullah Alwagayan, Mohammad Khaled Abdulrazzaq Alhajri, Abduladheem ......read more

Kuwait City, 10th July 2024] – Ooredoo Kuwait, the leading telecommunications provider and pioneer in social responsibility initiatives, celebrated World Youth Skills Day by collaborating with Al-Sadu Society to host a Sadu embroidery weaving workshop for young nationals (aged 15 to 22). The arts and crafts workshop focused on the fundamentals of Sadu weaving, with both partners sharing a common goal, which is to empower Kuwaiti youth with valuable skills - while fostering a sense of identity and pride in Kuwait's rich heritage and culture. Al-Sadu Society, established by the Al-Sadu Society in 1980 to protect the interests of the Bedouins and their ethnic handicrafts, is a majo ......read more

This summer, Lush and Paramount Consumer Products launch a Turtle-y awesome limited edition product collection: Channel your inner hero in a half shell with the Teenage Mutant Ninja Turtles! Dubai, UAE, July 2024 - Cowabunga, Lush Fans! This summer, Lush has teamed up with Paramount’s iconic Teenage Mutant Ninja Turtles to deliver less plastic and more (vegan) pizza with an exclusive range of Turtle-y awesome limited-edition exclusive products for the bath, shower, body, and hair. Renowned for innovating packaging-free cosmetic items — such as bath bombs, soap, shampoo bars, and solid body scrub — Lush has designed the whole collection to shell-ebrate innovation that ......read more

Kuwait, 15 July 2024: Kuwait International Bank (KIB) announced the conclusion of its annual blood donation campaign, which was launched in collaboration with the Kuwait Central Blood Bank under the slogan “Your Donation Saves Lives”. This initiative comes as part of KIB’s comprehensive social responsibility strategy, which embraces sustainable corporate practices and embodies the Bank’s commitment to environmental, social, and corporate governance (ESG) principles. The vital campaign was organized at KIB’s headquarters and saw the participation of many employees who volunteered to donate blood, aiming to contribute to the campaign’s health and humanitaria ......read more

Alsaei: Offering daily cashback incentives will improve the overall customer experience and provide added value with every order placed through the Jahez App Kuwait City, 00 July 2024: Jahez International Company (“Jahez-Kuwait”), a pioneering platform that connects customers with their favorite restaurants through online orders, launched its latest daily cashback campaign for the entire month of July. Recognized for its various cashback campaigns that are launched throughout the year and on various occasions, Jahez-Kuwait will now grant users cashback on their orders throughout July. The cashback campaign comes as part of Jahez-Kuwait’s ongoing vision to provide an ......read more

Upholding its commitment to the value of inclusivity for all Kuwaiti talents Kuwait, 15 July 2024 In its latest effort to support people with disabilities in Kuwait, Burgan Bank participated in the graduation ceremony for the fifth batch of talented participants in the “Partners to Hire” program. The ceremony was organized and hosted by the Public Authority for Disability Affairs, with the support of leading Kuwaiti institutions across all industries and led by the banking sector. Held under the auspices and presence of the Minister of Social Affairs, Family and Childhood Affairs, and the Minister of State for Youth Affairs, Dr. Amathal Al-Huwaila, the ceremony celebrated a ......read more

Confirming its steadfast commitment to its human capital development strategy Kuwait, 14 July 2024 Burgan Bank recently celebrated 30 of its most aspiring employees across different professional levels for completing two of the Bank’s most notable training programs: “Entelaqah program ” alongside the “Investment and Wealth Management program”. The graduation ceremony was held at the Bank’s head office in the presence of Burgan’s top management. The Bank’s continued efforts to develop tailored training programs for its employees and its commitment to celebrating the achievements of its driven and aspiring graduates is a testament to Burg ......read more

During Dubai Summer Surprises' 27th edition, Mercato shopping mall hosted a "Family Fun Day" event for journalists and their families. The media personnel and their families enjoyed captivating shows such as the Circus Show, Neverland’s Magical Circus Adventure, the Magic Street Comedy Show, and Mercato's exhilarating sliding experience, where visitors can slide from the first floor to the ground floor. These activities left the visitors mesmerized and ensured memorable summer fun. The circus festivities at Mercato will continue throughout the summer, offering families and children a thrilling array of activities, discounts, and valuable prizes until September 1st. ......read more

Confirming Burgan leaders’ far-reaching influence on the advancement of Kuwait’s banking industry Kuwait, 10 July 2024: Burgan Bank is proud to announce that its Information Technology General Manager Mr. Barrak Al-Mattar has been awarded the “Legend CIO” award in the “20+ years’ experience in the field” category, as part of the World CIO 200 Summit’s recognition of the most influential IT leaders in their respective industries worldwide in 2024. Announced at the Kuwait edition of World CIO 200 Summit, the prestigious award is a testament to the caliber of exceptionally qualified banking professionals and industry leaders that make up B ......read more

Kuwait, 11 July 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: •           THEKRAYAT YOUSEF ALTERKAIT •           AHMAD MAJEED ALBAQSUMI •           VERONICA PATRICK MILLS •       ......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 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 second weekly draw, based on customers’ June 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 Fatemah Abdulredha Ramadan Boshehri, Mansour Mahmoud Haji Abdullah, Shaker Mahmoud Abdulrahman Albastak ......read more

To provide fronting services and in a continued effort to actively contribute to Kuwait’s economic growth and development Kuwait, 10 July 2024: Burgan Bank announced signing a memorandum of understanding (MoU) with Korea Finance for Construction (KFINCO), making Burgan the sole representing bank in Kuwait for the South Korean co-op institution, as part of the latter’s strategic expansion across the Middle East. Representing Burgan Bank at the MoU signing were Mr. Tony Daher, Group Chief Executive Officer, while KFINCO was represented by Dr. Eunjae Lee, Chairwoman.  According to the partnership agreement, Burgan Bank will be offering KFINCO fronting services, whereby ......read more

[Kuwait, 9th July 2024]- Continuing to take bolder and wider strides in driving digital innovation to enrich the digital lives of its customers, Ooredoo Kuwait proudly presents its Smart Pay feature, an ingenious addition to the Ooredoo App that caters to both postpaid and prepaid users. Designed to elevate user convenience and guarantee uninterrupted service, Ooredoo’s Smart Pay automates bill payments and plan renewals, offering peace of mind and freeing users from the hassle of manual transactions. Simplifying the payment process, Ooredoo’s in-app Smart Pay feature ensures that postpaid users have their bills automatically charged to their registered credit or debit cards o ......read more

Kuwait, 9 July 2024: Kuwait International Bank (KIB) has announced the detection of a new wave of online financial scam operations that rely on various digital communication platforms and target all user categories. The Bank reiterated its warning to customers to avoid falling victim to such schemes that expose their financial and personal data to theft. This step is part of KIB’s ongoing support for 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. Additionally, the warning comes as part of KIB’s comprehensive awareness program aimed ......read more

As part of its dedicated strategy for rewarding customers and encouraging people to adopt better savings practices Kuwait, 7 July 2024: Burgan Bank announced its latest winner of the semi-annual draw of the Kanz account, during a recent event held at 360 Mall. At the center of the festivities, Mr. Mohammad Hassan Zeinalpour was crowned as the winner of the KD 500,000 cash prize, in the presence of the Ministry of Commerce and Industry representative and representatives of Burgan Bank’s Executive Management. Presented by prominent media figure Dana Al-Owaisi, the event featured a competition that called on the audience to guess the number of coins in the Kanz treasure chest for ......read more

Kuwait, 7 July 2024: Kuwait International Bank (KIB) has announced its win of the 'Best Real Estate Solutions Provider MENA 2024' award from Capital Finance International (CFI.co) magazine. This prestigious recognition is a testament to the Bank's longstanding and exceptional expertise in the field of real estate, honed over the past 50 years. It also underscores KIB's unwavering commitment to excellence, innovation, and customer satisfaction by delivering the highest quality real estate solutions. KIB secured this esteemed award through the consensus of an independent judging panel and the evaluation team at CFI.co, who selected the Bank from a broad array of nominated ba ......read more

Kuwait, 4 July 2024: Kuwait International Bank (KIB) announced that it will continue to provide its online banking services around the clock during the Islamic New Year (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, 7 July 2024. Normal working hours will resume on Monday, 8 July 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 ser ......read more

Bolstering its leading role in elevating Kuwait’s sports culture under the umbrella of its comprehensive social responsibility program  Kuwait, 5 July 2024 Burgan Bank recently held a press conference announcing the signing of a strategic partnership agreement with the Kuwait Olympic Committee (KOC), which entails sponsoring Team Kuwait at the Paris 2024 Olympics. The partnership agreement comes as an extension of the longstanding collaboration between Burgan Bank and KOC, which has continued to evolve under the umbrella of the Bank’s dedicated comprehensive social responsibility program and its commitment to developing the sports culture in Kuwait. “It is a ......read more

[Kuwait, 3rd  July 2024]-  In its continued commitment to empowering the community, Ooredoo Kuwait has launched its summer internship for high school students, focusing on fostering talent and skills among the youth. This initiative is part of the second season of "WAED," a distinguished youth development program in Kuwait, aimed at enhancing the skills of young nationals aged 14 to 17. Ooredoo Kuwait, in collaboration with the Youth Public Authority, is hosting a group of WAED participants at its main headquarters in Ooredoo Tower for a comprehensive month-long training program. The program commenced yesterday with introductory lectures and office tours. Ooredoo& ......read more

Under the umbrella of its dedicated technology and digital transformation strategy Kuwait, 4 July 2024 In continued efforts to add convenience to its banking experience, Burgan Bank announced that all customers can now benefit from the newly launched instant payment service WAMD using the Burgan Mobile application. The instant payment service, developed by KNET under the supervision of the Central Bank of Kuwait (CBK), allows customers to send, receive and request money transfers easily, safely, and securely. The Bank’s launch of the WAMD service comes as part of its dedicated digital transformation strategy and its commitment to the CBK strategy for reducing cash transactions ......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 July 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’ June deposits, recently took place in the presence of representatives from the Ministry of Commerce and Industry, as well as representatives from the Bank. Kawthar Eissa Husain Asiri, Hassan Ali Husain Sabti were named the lucky winners in the monthly draw, with each custome ......read more

Through the newly introduced Luxe car type in Kuwait, customers will be able to book luxurious commutes in premium vehicles in and around the city. Luxe becomes the latest addition to the already existing car types from Careem Rides which customers rely on for reliable everyday commutes in Kuwait. Kuwait, June 2nd, 2024: Careem Rides, the region’s choice for facilitating reliable, convenient and stress-free everyday commutes through the Careem Everything app, is excited to announce the official launch of the new “Luxe” car type in Kuwait. The new service will allow customers to book everyday reliable commutes in elegant premium vehicles, offering customers an expe ......read more

Cotterill is the first woman to lead an international health insurance company in the UAE. In her new role, she will be responsible for driving strategic growth across the region's key markets, outside the Kingdom of Saudi Arabia. Dubai, UAE, 02 July 2024 - Cigna Healthcare, the leading global health services company, today announced Leah Cotterill as the new Chief Executive Officer (CEO) for Cigna Healthcare – Middle East and Africa (outside KSA). Cotterill becomes the first female CEO to lead an international health insurance company in the UAE, marking a significant milestone for the industry. The announcement aligns closely with the UAE’s commitment to including ......read more

KUWAIT CITY, Kuwait – July 1, 2024 --Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), signed a Memorandum of Understanding (MOU) with Kuwait University on June 3, 2024 for a new internship program that will focus on nurturing talent development in the country, in line with Kuwait Vision 2035. The groundbreaking internship program represents a significant step forward in education and power generation in Kuwait. Entitled "Improve Yourself, Improve Your Work," it will provide students in the Mechanical Engineering Department at Kuwait University’s College of Engineering and Petroleum the opportunity to gain real life experience, ele ......read more

Catrice Cosmetics is excited to introduce its new summer 2024 collection, featuring the must-have Slim Eye Shadow Palettes and versatile Kohl Kajal eyeliners. Get ready to shine with these vibrant, stunning products! Slim Eye Shadow Palettes -Available in three irresistible themes: 1. Safari Fever: Adventure awaits with rich browns, deep greens, and golden sands inspired by wild landscapes. 2. Blooming Bliss: Dreamy and elegant with soft pastels and delicate shades like maroon, pink, and peach. 3. Coral Crush: Dive into summer with coral bursts, sunny yellows, and ocean blues for a lively vibe. Kohl Kajal: Perfectly complementing the palettes, Kohl Kajal eyeliners come in f ......read more

It’s time to turn up the heat on our makeup game! Get ready to level up your makeup game for this summer with essence Cosmetics, as they have dropped their highly anticipated Spring Summer collection for 2024! From blushes to mascaras, this collection has everything one needs to rock the summer looks this season. This season is all about self-expression, creativity, and embracing individuality, and essence Cosmetics has nailed it with products that cater to each one of you. Now, you can try all the hottest trends of Summer '24 with essence’s must-have products. Whether you're into glazed blush looks or subtle radiance, there's something for everyone in this collect ......read more

[Kuwait, 1st July 2024] As the travel season begins and many plan their summer vacations abroad, Ooredoo Kuwait, a leader in integrated telecommunications services, has launched innovative roaming solutions. These offerings aim to support travelers from Kuwait, whether they are Ooredoo customers or not. A key feature is the Ooredoo electronic roaming SIM card (Roaming E-SIM), designed to enhance connectivity and convenience during their travels. Ooredoo's roaming e-SIM represents a significant step forward, highlighting the company's commitment to catering to all segments of society and addressing their diverse travel needs. This service is inclusive, extending beyond Ooredoo cust ......read more

Kuwait, 30 June 2024: Kuwait International Bank (KIB) announced the conclusion of its gold sponsorship and active participation in Tourista Expo 2024, which was recently held at Assima Mall. The travel and tourism exhibition brought together the best travel agencies, travel insurance providers, airlines, travel accessories and products suppliers, local and international hotels, and more to engage with a diverse audience. Commenting on the occasion, Saifaldin Al-Nasser, Senior Marketing Officer at KIB, said: “We are pleased with our gold sponsorship and participation in Tourista Expo 2024. We are always keen to be present at such prominent events, which provide a distinguished platfo ......read more

Green warehouses, net-zero commitments, enhanced diversity, and digital skill building in the community highlight company's environmental, social progress   KUWAIT – July 1, 2024 – Agility, a supply chain services, infrastructure and innovation company, released its 2023 Sustainability Report, showing the company has made significant progress in environmental and social responsibility.   Agility's latest sustainability report highlights the company's robust efforts in environmental stewardship, strategic infrastructure development, and commitment to diversity and inclusion.   Environment   The report outlines commitments by two of Agility&# ......read more

Kuwait, 29 June 2024: As part of its ongoing commitment to providing exceptional value and exclusive benefits to its elite segment, Kuwait International Bank (KIB) has announced an exclusive new offer for its Visa Infinite Credit Card premium customers. KIB is offering free round-trip airport limousine rides, fully covered by the Bank, through its trusted partner Wiyak. Commenting on the offer, Khalid Al Hulaibi, Segments Manager at KIB, said: “Our Bank continually strives to reward its premium Visa Infinite credit card holders and enhance the value proposition for KIB’s Black segment. This exclusive offer is our way of showing appreciation for their loyalty and providing them ......read more