KuwaitPR.com, Online Press Release from Kuwait
• Japanese manufacturer sets out vision roadmap for FY2024 with a focus on innovation, sustainability and customer-centric strategies• Brand emphasizes on ‘Japan Excellence’ to address the unique needs and preferences of consumers and businesses in the region• Significant promotions within the company’s senior manag... ... Read more
Attesting to the Bank’s unwavering commitment to service excellence and an elevated customer journeyKuwait, 29 May 2024: In a new tribute to its outstanding performance and its position as a trusted financial partner, Burgan Bank announced that it was voted as the Best Domestic Bank in Kuwait in the 2024 Euromoney Trade Finance Survey. A... ... Read more
In celebration of Al-Zour Refinery’s openingKuwait, 28 May 2024: Burgan Bank recently lit up its headquarters in blue from May 25 to June 6, joining numerous public and private entities in the nationwide celebration of Al-Zour Refinery’s opening on May 29 under the patronage of HH the Amir of Kuwait Mishal Al-Ahmad Al-Jaber Al-Sabah. In... ... Read more
The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returnsKuwait, 27 May 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. ... ... Read more
In a bid to reward its loyal customers and offer them an unmatched banking experienceKuwait, 28 May 2024: As part of its continued efforts to offer its customers a holistically rewarding banking journey, Burgan Bank unveiled its latest draw campaign, “Visa Olympics”, which grants four lucky Visa cardholders an all-expenses-covered ... ... Read more
[Kuwait, 26th May 2024] Ooredoo Kuwait has been honored by Nour Academy for Special Needs Services for its voluntary community engagement during Ramadan. The recognition was awarded at the Academy’s thirteenth annual ceremony, held at the Australian University in Kuwait. This event celebrated the Academy’s “Nour Al-Ensan” de... ... Read more
Team of Kuwaiti newly graduated dermatologists wins the conference’s scientific competition on its 2nd dayAbu Dhabi, May 25, 2024: On the second day of the 10th edition of the International Conference in Dermatology and Aesthetics (AIDA), currently being held in Abu Dhabi, a first-of-its-kind educational medical competition was held in t... ... Read more
Kuwait, 25 May 2024: Kuwait International Bank (KIB) has announced the launch of its new ‘Win with KIB Rewards’ campaign, which will run from May until the end of the year. The campaign aims to reward customers who use KIB’s Banking App to open Al Dirwaza account, issue a Multicurrency prepaid card, or open a deposit investment of... ... Read more
Dubai, United Arab Emirates, May 23, 2024: POCO, a favorite brand among tech enthusiasts, is shaking up the flagship smartphone market with its latest POCO F6 series. Designed to meet the demands of hardcore gamers, photography enthusiasts, and tech lovers, this series promises significant performance and experience upgrades.In a spectacular d... ... Read more
Get ready to level up your beauty game! Catrice Cosmetics proudly unveils its mind-blowing Spring/Summer 2024 collection, spearheaded by the spectacular Shine Bomb Lip Lacquer. Available in seven ultra-trendy shades, this collection is here to redefine beauty standards and let you express your true self, one glossy lip at a timeWhy You’ll Lov... ... Read more
It’s high time to let your inner queen shine because essence Cosmetics is back with a mascara this season that screams confidence, the "Call me Queen" Dramatic False Lash Effect Mascara.This season, it's all about embracing your inner queen and claiming your crown, and essence is here with something that will help achieve that. ... ... Read more
As one of the global heavyweight A-grade auto shows, the Beijing International Automotive Exhibition is slated to commence on April 25, 2024, at the China International Exhibition Center. The globally distinct brand JAECOO is preparing to make its participation a major attraction by showcasing a range of prominent products in the new energy sector.... ... Read more
The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returnsKuwait, 21 May 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. ... ... Read more
The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returnsKuwait, 21 May 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. ... ... Read more


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29 May 2024 - The International Air Transport Association (IATA) released data for April 2024 global air cargo markets showing strong annual growth in demand into the second quarter (Q2). Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 11.1% compared to April 2023 levels (11.6% for international operations). This is the fifth consecutive month of double-digit year-on-year growth.   Capacity, measured in available cargo tonne-kilometers (ACTKs), increased by 7.1% compared to April 2023 (10.2% for international operations).   "Air cargo demand started Q2 with a solid 11.1% increase. While many economic uncertainties remain, it appears that the roots of air ......read more

• Japanese manufacturer sets out vision roadmap for FY2024 with a focus on innovation, sustainability and customer-centric strategies • Brand emphasizes on ‘Japan Excellence’ to address the unique needs and preferences of consumers and businesses in the region • Significant promotions within the company’s senior management team to drive its business forward Dubai, United Arab Emirates: Panasonic Marketing Middle East & Africa (PMMAF) today revealed that it is all geared up for another year of exceptional growth and expansion, building on an impressive business performance in 2023.  The company unveiled its action plan for the new fiscal ......read more

Attesting to the Bank’s unwavering commitment to service excellence and an elevated customer journey Kuwait, 29 May 2024: In a new tribute to its outstanding performance and its position as a trusted financial partner, Burgan Bank announced that it was voted as the Best Domestic Bank in Kuwait in the 2024 Euromoney Trade Finance Survey. A notable global recognition and benchmark to service excellence, Euromoney’s annual survey gathers and analyses thousands of trade-finance service users’ independent votes to rank and assess their top providers within the domestic, regional, and global markets. Commenting on this prestigious accolade, Mr. Fadel Abdullah, Chief Ex ......read more

In celebration of Al-Zour Refinery’s opening Kuwait, 28 May 2024: Burgan Bank recently lit up its headquarters in blue from May 25 to June 6, joining numerous public and private entities in the nationwide celebration of Al-Zour Refinery’s opening on May 29 under the patronage of HH the Amir of Kuwait Mishal Al-Ahmad Al-Jaber Al-Sabah. In addition to being the world’s largest grassroots refinery, Kuwait Integrated Petroleum Industries Company’s (KIPIC) mega project marks a turning point for Kuwait’s economy and its capacity for influencing the global oil and gas industry. Commenting on the Bank’s participation in the nationwide celebrations, Ms. Hessa ......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 May 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’ April 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 Subah Khairallah Abdulwahed Sultan, Mohammad Mahdi Ali Basheer, Saber Jamaan Abdullah, Khaled Abdullah ......read more

In a bid to reward its loyal customers and offer them an unmatched banking experience Kuwait, 28 May 2024: As part of its continued efforts to offer its customers a holistically rewarding banking journey, Burgan Bank unveiled its latest draw campaign, “Visa Olympics”, which grants four lucky Visa cardholders an all-expenses-covered trip to Paris to attend the 2024 Summer Olympics. The campaign is valid throughout the entire month of May for all Burgan customers using Visa credit and prepaid cards, with the draw set to take place on June 2, 2024. Commenting on the Bank’s latest reward campaign, Mr. Nasser Al-Qaisi, General Manager – Retail Banking at Burgan ......read more

[Kuwait, 26th May 2024] Ooredoo Kuwait has been honored by Nour Academy for Special Needs Services for its voluntary community engagement during Ramadan. The recognition was awarded at the Academy’s thirteenth annual ceremony, held at the Australian University in Kuwait. This event celebrated the Academy’s “Nour Al-Ensan” degree graduates, who served as trainees and teacher assistants during the 2023-2024 academic year. The ceremony highlighted the achievements of these remarkable graduates with special needs, expressing deep gratitude for their efforts. During the ceremony, Nour Academy presented its award trophy to Ooredoo Kuwait, in appreciation of its volunteer e ......read more

Team of Kuwaiti newly graduated dermatologists wins the conference’s scientific competition on its 2nd day Abu Dhabi, May 25, 2024: On the second day of the 10th edition of the International Conference in Dermatology and Aesthetics (AIDA), currently being held in Abu Dhabi, a first-of-its-kind educational medical competition was held in the UAE for newly graduated dermatologists from residency programmes in a number of (GCC) countries. Twelve doctors from the UAE, Saudi Arabia, Oman and Kuwait participated in the competition. Each country was represented by three doctors, who were required to answer to a series of medical and histology questions and also general cultural que ......read more

Kuwait, 25 May 2024: Kuwait International Bank (KIB) has announced the launch of its new ‘Win with KIB Rewards’ campaign, which will run from May until the end of the year. The campaign aims to reward customers who use KIB’s Banking App to open Al Dirwaza account, issue a Multicurrency prepaid card, or open a deposit investment of any kind. During the campaign period, 80 lucky customers will win in the monthly draws. Commenting on the newest KIB campaign, Nawaf Al-Khrayef, Assistant General Manager of the Retail Banking Department at KIB, said: “At KIB, we are committed to rewarding loyal customers, delivering innovative solutions that meet their evolving needs, an ......read more

Dubai, United Arab Emirates, May 23, 2024: POCO, a favorite brand among tech enthusiasts, is shaking up the flagship smartphone market with its latest POCO F6 series. Designed to meet the demands of hardcore gamers, photography enthusiasts, and tech lovers, this series promises significant performance and experience upgrades. In a spectacular display of technological innovation, the highly anticipated series took center stage at a prestigious global launch event at Expo City Dubai. The event, which drew a crowd of over 700 attendees, welcomed a diverse audience including content creators, tech editors, media representatives, and authorized dealers from around the world. Among them we ......read more

Get ready to level up your beauty game! Catrice Cosmetics proudly unveils its mind-blowing Spring/Summer 2024 collection, spearheaded by the spectacular Shine Bomb Lip Lacquer. Available in seven ultra-trendy shades, this collection is here to redefine beauty standards and let you express your true self, one glossy lip at a time Why You’ll Love the Shine Bomb Lip Lacquer: - Game-changing liquid lipstick with long-lasting shine up to 8H. -Available in 7 different shades from everyday nudes to striking reds for the perfect day and night look. -Creamy texture for comfortable wear. The Shine Bomb Lip Lacquer is more than just a makeup item; it's a statement of confidence ......read more

It’s high time to let your inner queen shine because essence Cosmetics is back with a mascara this season that screams confidence, the "Call me Queen" Dramatic False Lash Effect Mascara. This season, it's all about embracing your inner queen and claiming your crown, and essence is here with something that will help achieve that. With its volumizing and lengthening formula, this mascara creates a bold false-lash effect that commands attention with every flutter. Achieving a show-stopping look is now just a step away with the "Call me Queen" Dramatic False Lash Effect Mascara. The unique elastomer brush ensures that even the shortest lashes are coated with p ......read more

Shot: 9-21May2024 Afghanistan, Zambia, Italy, DRCongo TRT: 4:00 :00-:26 Afghanistan Floods: Children pulled from floods Unusually high rainfall, after a dry winter which has left the ground too hard to absorb water, led to massive floods that started in March this year. This was further compounded by unseasonably warm temperatures that melted snowpack cover into rivers, sweeping through entire villages, burying them under mud. Research conducted by WFP across the country shows increasingly erratic weather patterns exacerbated by the worsening climate crisis will significantly impact the ability of communities to feed themselves.   Shot: 10May24 Baghlan, Afghanistan ......read more

[Kuwait, 22nd May 2024] Ooredoo Business, the telecommunications leader and pioneer in business solutions, joined forces with Shifra, the cybersecurity-focused value-added distributor covering the Middle East region, to organize a comprehensive one-day workshop for Ooredoo's esteemed customers. Held at the prestigious Four Seasons Hotel, the workshop aimed to educate attendees on the latest advancements and best practices in cybersecurity. Renowned for its regional expertise in Data Security, Identity and Access Management, and Vulnerability Management, Shifra offers a valuable partnership for Ooredoo business, as one of the best suited for this workshop. Shifra is a company that is ......read more

Kuwait, 23 May 2024: In continued efforts to enhance and fortify its technology infrastructure, Burgan Bank announced signing an agreement with market-leading Tata Consultancy Services to upgrade its core banking system by implementing the TCS BaNCS™ suite of products. This monumental deal marks a significant leap in Burgan Bank’s expansive technology and digital transformation strategy, which aims to facilitate a smooth transition from traditional to digital banking. It also confirms Burgan’s commitment to technology and digital transformation as a primary pillar of its strategy and a core tenet of its vision to become Kuwait’s most modern and progressive Bank, ......read more

As one of the global heavyweight A-grade auto shows, the Beijing International Automotive Exhibition is slated to commence on April 25, 2024, at the China International Exhibition Center. The globally distinct brand JAECOO is preparing to make its participation a major attraction by showcasing a range of prominent products in the new energy sector. JAECOO will display its renowned and successful models, the J7 PHEV and J8 PHEV, designed according to new and sustainable energy standards, marking a significant global shift in the development of environmentally friendly products, through these cars, powered by new energy, are excellently suited for off-road use. With a brand-new stance of &q ......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, 21 May 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’ April 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 Mafaz Asad Mansour Alebrahim, Murtadha Abdulsamad Ali Alsaffar, Naji Salem Wadeed Alsubaiei, Dalal Abdul ......read more

Kuwait City, May 21, 2024 –Ooredoo Kuwait proudly marked Kuwaiti Women's Day with a series of impactful initiatives aimed at honoring and empowering women both within the company and the broader community. This annual celebration, which falls on May 16th, not only highlighted the invaluable contributions of Kuwaiti women but also underscored Ooredoo’s steadfast commitment to inclusion and female empowerment. These efforts reflect the company's broader commitment to supporting the growth and advancement of Kuwaiti women, thereby enhancing the community across various sectors. Appreciating Internal Talent As part of its agenda to honor its female workers on Kuwaiti ......read more

Kuwait, 20 May 2024: In an effort to increase public awareness about online financial security, Kuwait International Bank (KIB) issued a comprehensive set of safety tips designed to protect consumers while they shop online. The initiative comes as part of KIB’s continuous support for the ‘Let’s Be Aware’ (Diraya) campaign, which was launched by the Central Bank of Kuwait (CBK) and the Kuwait Banking Association (KBA) in collaboration with local banks, as well as the Bank’s comprehensive social responsibility program. Commenting on the campaign, Dawood Behbehani, Assistant General Manager - Information Security, Privacy and Anti-Fraud Department at KIB, said: ......read more

Going online May 12th,, coinciding with the anniversary of the launch of Kuwait Radio The number of viewers exceeded 200,000 viewers in the first hours after the launch. ​KUWAIT CITY, KUWAIT - May 20, 2024: Recently marking yet another major and most significant milestone, telecommunications leader and pioneer in technology, FASTtelco, owned by Ooredoo Kuwait, successfully launched the new groundbreaking entertainment platform, (51) – a culmination of the partnership forged with the Ministry of Information (MOI) Kuwait.  Poised to revolutionize the landscape of digital content in Kuwait, the integrated digital entertainment and cultural platform, 51, was de ......read more

Underscoring the Bank’s financial core strength Kuwait, 20 May 2024 Capital Intelligence Ratings (CI Ratings or CI) announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Burgan Bank K.P.S.C. (“Burgan or “The Bank”) at ‘A+’ and ‘A1’ respectively. In addition, CI Ratings has affirmed the Bank’s Standalone Rating (BSR) of ‘bbb+’, Core Financial Strength (CFS) rating of ‘bbb+’, and Extraordinary Support Level (ESL) of High. CI also reported that the LT FCR and BSR outlook remain Stable, with no expectation of any of external or internal ......read more

In line with its efforts to raise financial awareness and bolster the saving culture in Kuwait Kuwait, 19 May 2024: Burgan Bank announced the launch of its latest interest-bearing savings account “awal”, which was developed and tailored specifically for children up to the age of 14. Building on the great success of its predecessor, “BuBa” savings account, awal aims to encourage Burgan’s young customers to adopt the savings culture and learn to manage their spending wisely. This comes as part of Burgan’s commitment to addressing the varying banking needs of its customers, as well as spreading essential financial literacy among members of the communi ......read more

Kuwait, 19 May 2024: Kuwait International Bank (KIB) has announced the signing of a memorandum of understanding (MoU) with ECO, a pioneering business incubator in the fields of environment and renewable energy. The initiative aims to boost innovation in the business sector, support Kuwaiti projects, and adopt new environmental ideas. This step reflects the Bank's commitment to its strategic objectives of supporting sustainable development projects and advancing progress in Kuwait, by enhancing environmental awareness within the community and transitioning to alternative energy sources, thereby reducing dependence on traditional energy. Commenting on the new MoU, Marwa Marafie, Manager ......read more

Huawei, the leading global provider of information and communications (ICT) infrastructure and smart devices, announces its partnership with talabat, the region's leading platform for everyday deliveries. Through this partnership, talabat will be utilizing Petal Ads, Huawei's digital advertising platform, to propel its business expansion through cutting-edge targeting capabilities.  The collaboration was officially initiated with the signing ceremony of the MOU attended by key executives from both companies, taking place on May 7th at the Petal Ads booth, which presented groundbreaking solutions tailored for the global tourism industry during the ATM 2024. This alliance betwe ......read more

Kuwait, 15 May 2024: Kuwait International Bank (KIB), represented by its Real Estate Department, organized a practical workshop at the College of Business Administration at Kuwait University, in response to an invitation to discuss the fundamentals of investment and real estate appraisal. Held at the university's campus in Shadadiya, the workshop was attended by several faculty members and students from the College. Fahad Alsaleh, Manager of the Real Estate Advisory Division and the Product Development and Support Division (PDSD) at KIB's Real Estate Department, and Engineer Hossam Al-Kolak, Real Estate Expert in the Real Estate Department, shared their expertise and technical knowle ......read more

Extending its dedicated human capital development efforts and investment in Kuwait’s national talent Kuwait, 16 May 2024: Burgan Bank recently concluded its participation in the three-day Career Fair organized and hosted by the Gulf University for Science and Technology (GUST). The Bank’s renewed participation in the annual GUST Career Fair is a testament to its commitment to attracting Kuwait’s brightest and most aspiring talents and investing in their professional and personal growth, guaranteeing a brighter future for individuals and the market at large. Representing Burgan at the event was a team of select staff from the Bank’s Human Resources Departmen ......read more

Kuwait, Kuwait: Advanced Technology Company (ATC), the leading distributor of comprehensive medical equipment and supplies in Kuwait, partnered with Illumina, a global leader in DNA sequencing and array-based technologies, and the Kuwait Medical Genetics Center (KMGC) to host the Illumina Genomics Day symposium at the Grand Hyatt Hotel in Kuwait earlier this week. Medical professionals from both the public and private sectors attended the event, which aligns with ATC’s broader goal to support the Ministry of Health in enhancing the standard of healthcare in Kuwait. The symposium kicked off with a workshop on data analysis for rare diseases followed by panel discussions with speakers ......read more

Kuwait, May 14th, 2024: Ooredoo Kuwait, a pioneering force in the telecom and digital innovation sector, proudly announces the integration of Tabby, MENA’s largest flexible payments provider, into its eShop platform, enhancing the shopping experience for its customers. Tabby will now be available as a payment option on Ooredoo eShop for cash orders, providing customers purchasing smartphones and accessories with added convenience and flexibility. This innovative payment solution empowers customers to acquire what they need immediately and defer payment, making the latest technology more accessible than ever before. Tabby enables customers to enjoy the flexibility of paying for th ......read more

In a new testament to its committed and inclusive human capital development strategy  Kuwait, 15 May 2024: Following a series of dedicated efforts aimed at encouraging employees’ holistic development and growth, Burgan Bank announced the launch of “Burgan Lean in Circle for Women Empowerment”,  the circle explores and addresses all challenges faced by women in the workplace, diminishing any obstacles that slow down their professional or personal growth. This initiative is part of Burgan’s expansive human capital development strategy and its commitment to remaining a top employer of choice in the Kuwaiti banking and financial market. “At Burgan ......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 May 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’ April 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 Mohammad Alhumaidi AlAjmi, Zahraa Abdullateef Mohammad Hajji Akbar, Abdullah Mehmas Sulaiman Almu ......read more

Jointly managed by Kamco Invest and Gulf Bank Kuwait, 14 May 2024: Burgan Bank announces the successful completion of its issuance of KWD 150 million Perpetual Additional Tier 1 Capital Bonds. The demand for the bonds exceeded expectations and the issuance was oversubscribed, confirming strong investor interest in the bank's offerings. This issuance stands as a landmark achievement, being the largest Kuwaiti Dinar Perpetual Additional Tier 1 Capital Bond issuance in Kuwait. Furthermore, it is also the first Perpetual Additional Tier 1 Capital Bond issuance denominated in Kuwaiti Dinar by a bank and ranks among the largest Kuwaiti Dinar issuances, underscoring its significance ......read more

AGM approves decision to distribute cash dividends of 20 fils per share ATC Vice Chairman Faisal Sarkhou: Total revenue increased by 1.9% to reach 168.6 million dinars in 2023 ATC CEO Ghassan Mamlouk: The Company continues to strengthen its position as a healthcare services provider by offering innovative solutions Kuwait, Kuwait: Advanced Technology Company (ATC), the leading distributor of comprehensive health and environmental care solutions across the public and private sectors, yesterday held its Annual General Meeting (AGM) and Extraordinary General Meeting (EGM), led by ATC Vice Chairman Faisal Sarkhou, who announced the Company’s financial results for ......read more

Kuwait, 12th May 2024: Burgan Bank (“Burgan” or “the Bank”) announced its financial results for the first quarter ending March 31, 2024 (Q1’24). The Bank reported KD 54 million in revenues for Q1’24, marking a growth of 7% year-on-year (y-o-y). The increase in revenues was primarily driven by higher Non-Interest Income of KD 20 million, up 27% y-o-y and Stable Net Interest income of KD 34 million. Due to higher revenues and a stable cost base, the Bank’s Operating Profit for the quarter reached KD 24 million, up 14% y-o-y. Accordingly, Burgan’s Net Income in Q1’24 increased by 34% y-o-y to KD 10 million. In Q1’24, the Ban ......read more

Kuwait, 12 May 2024: Burgan Bank recently sponsored the annual “Art’s Night” event, organized by the American United School (AUS) for its community of teachers, students, and their families. Similar to previous “Art’s Night” events, this year’s gave students a platform to express themselves authentically through different arts while offering visitors numerous engaging activities that made for an excellent bonding experience between students and their parents. Burgan Bank’s renewed sponsorship of the annual event comes as part of its comprehensive social responsibility program and its unwavering commitment to the holistic development of stu ......read more

[Kuwait, 11th May 2024] Renowned for its dedication to nurturing Kuwaiti youth, Ooredoo Kuwait, telecommunications leader, continues to spearhead the ‘Waed’ internship initiative for the second year in a row, as part of its social responsibility agenda. It serves to mention that ‘Waed is a youth development project launched in collaboration with Youth Public Authority to empower young students and prepare them for their future careers. ‘Waed’ provides an important platform for training Kuwaiti youth to enhance their skill set with practical applications at an early age, employing the young participants, from secondary school students, i.e. those between the ......read more

In line with its dedicated human capital development strategy Kuwait, 10 May 2024 Burgan Bank recently celebrated two of its talented and high-performing employees for completing the one-year Kuwait Graduate Development Program (KGDP) in collaboration with the Kuwait Institute for Banking Studies (KIBS) under the umbrella of the bank’s dedication of human capital development and advancement of Kuwaiti Talents. The graduation ceremony was held in the presence of Burgan Bank’s management, including Mr. Naqeeb Amin, General Manager – Human Resources and Development, Mr. Naser Al-Qaisi, General Manager – Retail, , as well as Ms. Rana Al-Nebari – Director Gen ......read more

[Kuwait, 8th May 2024] - Reaffirming its commitment to youth empowerment in education, Ooredoo Kuwait - the leading telecommunications provider and pioneer in corporate citizenship - is proud to announce its sponsorship of the American University of the Middle East's (AUM) annual Career Fair 2024. This collaboration strengthens Ooredoo's long-standing partnership with the highly reputed university and aims to bridge the gap between education and industry in Kuwait. With over 11,500 current students and a vast alumni network of 15,000 professionals, Ooredoo recognizes AUM as a beacon of academic excellence in Kuwait. Each year, the AUM Career Fair attracts over 60 esteemed local and ......read more

Cementing its role as a champion of arts and entertainment advancement in Kuwait Kuwait, 9 May 2024: Burgan Bank recently announced its sponsorship of the “Umm Kulthum with Marwa Nagy” concert, marking the beginning of the Bank’s strategic partnership with the National Creative Industries Group (NCIG). The concert is scheduled to take place on May 29-30 at the Sheikh Jaber Al-Ahmed Cultural Centre, with tickets now available for sale on the Centre’s website and application. This comes as part of Burgan’s dedicated social responsibility program and its unwavering commitment to the advancement of Kuwait’s arts and entertainment sector. Commenting ......read more

07 May 2024 (Reykjavík)  -- The International Air Transport Association (IATA) highlighted three priorities for ground handling at the IATA Ground Handling Conference (IGHC) which opened in Reykjavík today hosted by Icelandair: Improving safety through reducing operational risk  Implementing global standards Embedding sustainability – people, planet, and prosperity – in all activities “Ground handling forms the backbone of aviation. It is critical to ensuring the safe and efficient transport of millions of travelers each year. With travel demand for the upcoming peak Northern summer season predicted to surge by 12% over last year, the grou ......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, 7 May 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’ April deposits, recently took place in the presence of representatives from the Ministry of Commerce and Industry, as well as representatives from the Bank. Ammar Abduehalim Darwish and Sultan Turki Hameed Alazmi were named the lucky winners in the monthly draw, with each custo ......read more

Under the umbrella of its partnership with Bristol Rovers Academy in Kuwait Kuwait, 8 May 2024: In line with its committed strategy for bolstering the sports culture in Kuwait, Burgan Bank recently sponsored the participation of Kuwaiti students in the football match between the Universities of Bristol and the West of England, which was hosted by the Bristol Rovers Football Academy at Memorial Stadium. This comes as part of Burgan Bank’s expansive social responsibility program and its sponsorship of the Bristol Rovers Football Academy. Commenting on the Bank’s latest sports-focused activities, Mr. Talal AlAyar, Senior Officer – Corporate and CSR Communications at B ......read more

KUWAIT, GCC, 7 May 2024: IHG Hotels & Resorts introduces its first collection brand to Kuwait as Arabella Beach Hotel Kuwait, Vignette Collection opened on 6th May 2024. Prominently positioned on the Arabian Gulf shoreline, the 195 room property joins IHG’s growing Luxury & Lifestyle portfolio – now the second largest in the world – to mark the GCC region’s second Vignette Collection, following Th8 Palm Dubai Beach Resort Vignette Collection’s opening in Summer this year. Central to Vignette Collection is the balance of individuality and belonging. A family of like-minded hotels, each Vignette Collection property is entirely individual in its identity ......read more

Guaranteeing convenience to a wider base of high-net-worth customers Kuwait, 7 May 2024: Burgan Bank announced that its Private Banking and Wealth Management services and products are now available at Al-Shaheed branch, enabling all high-net-worth individuals (HNWIs) to access the exclusive suite of tailored solutions at more locations with ease and convenience across Kuwait. This comes as part of the Bank’s expansive strategy and ongoing efforts to elevate its overall banking journey for clients. “Convenience and limitless accessibility are the hallmarks of an elevated banking experience,” Mr. Meshari Abduljalil Shehab, General Manager – Private Banking an ......read more

Kuwait, 7 May 2024: Burgan Bank announced that its Private Banking and Wealth Management services and products are now available at Al-Shaheed branch, ;enabling all high-net-worth individuals (HNWIs) to access the exclusive suite of tailored solutions at more locations with ease and convenience across Kuwait. This comes as part of the Bank’s expansive strategy and ongoing efforts to elevate its overall banking journey for customers. “Convenience and limitless accessibility are the hallmarks of an elevated banking experience,” Mr. Meshari Abduljalil Shehab, General Manager – Private Banking and Wealth Management at Burgan Bank, said, commenting on the latest expa ......read more

Kuwait, 4 May 2024: In adherence to its dedicated human capital development strategy and its unwavering efforts to advance the national calibers of Kuwait’s banking and finance sector, Kuwait International Bank (KIB) reported numerous human resources and development achievements in the first quarter of 2024 under the umbrella of KIB Life Academy, the Bank’s dedicated learning and development arm. “At KIB, we recognize that our employees are an essential pillar of institutional success, and that is why reinforcing and encouraging their growth and development is an ongoing, year-long endeavor that we continue to invest in heavily and without hesitation,” said Mr. Fer ......read more

As part of its ongoing efforts to support and invest in Kuwait’s aspiring talents  Kuwait, 6 May 2024: Burgan Bank recently participated in the annual Career Growth Fair organized and hosted by the American University in Kuwait (AUK), offering undergraduates and fresh graduates valuable internships and employment opportunities. The Bank’s participation in the one-day event comes as part of its dedicated human capital development strategy and its unwavering efforts to invest in the best and most aspiring professional talents in Kuwait’s banking and financial market. Commenting on Burgan’s participation in the fair, Mr. Abdulwahab Jamal Abdulraheem - Exe ......read more

Kuwait, 4 May 2024: Sheikh Mohammed Jarrah Al-Sabah, Chairman of Kuwait International Bank (KIB) Group, announced the financial results for the first quarter of 2024. The Bank achieved net profit attributable to shareholders amounting to KD 6 million which grew by 74% compared to KD 3.5 million. Earnings per share (EPS) was 3.82 fils compared to 3.06 fils for the first quarter of 2023. Total operating income was almost KD 21 million, which grew 23% compared to the first quarter of 2023. Commenting on the latest financial results, Al-Jarrah said: “The results from the first quarter of 2024 reflect the Bank's stable financial standing and its consistent approach to sustainable gro ......read more

Kuwait, May 2, 2024: Kuwait Dental Association (KDA) recently hosted a four-day event at The Avenues Mall to highlight the effect of oral health on general wellbeing as well as the social and economic impact of oral disease. Minister of Health Dr. Ahmed Al-Awadhi attended the opening of the event, which comes as part of an annual awareness campaign organized by the KDA in collaboration with the Health Ministry to reduce the burden of oral disease in Kuwait by promoting preventive health measures. Despite being largely preventable, oral diseases are among the most widespread noncommunicable diseases across the globe. In Kuwait, the prevalence of untreated tooth decay among individuals aged ......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, 2 May 2024: Kuwait International Bank (KIB) announced the winners of the Fifth weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners throughout the year. The weekly draw, based on customers’ March 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 Muhammad Irfan Arshad Ahmad, Manal Ghazi Mohammad Alhoushah, Adnan Jawad Haidar Alrasheed, Ali Hanitem Abdu ......read more

Cementing its role as an active contributor to the development of arts and entertainment in Kuwait Kuwait, 3 May 2024: After two nights of resounding success, Burgan Bank concluded its sponsorship of “Macintosh”, the two-day musical madness experience by Free Jabriya Productions. The show took place at The Arena on April 26-27 and was attended by a multi-generational crowd of 10,000 attendees. The Bank’s sponsorship of the show sits at the intersection between its one-year sponsorship of Free Jabriya Productions, its far-reaching social responsibility program, and its steadfast commitment to the overall development of the domestic arts and entertainment sector. C ......read more

As part of its interactive initiative for supporting and enhancing employees’ personal and professional lives Kuwait, 2 May 2024 In a sustained effort to uphold its committed human capital development strategy, Burgan Bank continued its Burgan Talk series of events with a new talk, entitled “A Guide for Working Professionals to Nurturing Healthy Teenagers”. This latest edition was delivered by guest speaker, Dr. Angela Ross from Anara Center, a licensed clinical psychology specialist with over 15 years of experience and holder of a PhD in Counseling Psychology from Auburn University, USA. The event took place under the umbrella of Burgan’s ongoing initiatives ......read more

Kuwait - It is reported that Huawei will launch a new self-developed painting app for tablets called GoPaint. Huawei's official account also kicked off the warm-up of the GoPaint app and noted " Creation begins here! The most powerful Huawei-developed app GoPaint is coming, see you on 7 May! " According to sources, the app comes equipped with a wealth of brushes and brings easy-to-use features for painting. As the industry's first smart device vendor to launch a self-developed painting app, Huawei has gained valuable insights into the creative needs of consumers. Adhering to the core concept of "Creation of Beauty", Huawei aims to enhance user experience throug ......read more

Catrice Cosmetics is thrilled to unveil its latest beauty innovation—the "Clean Girl" makeup look, designed to highlight natural beauty with a touch of elegance. This trend is perfectly captured using our new essential products: the Glossin’ Glow Tinted Lip Oil, Curl It Volume & Curl Mascara, Soft Glam Filter Fluid, and the Clear & Fix Transparent Brow Gel Mascara. Embrace the beauty of minimalism with Catrice’s Glossin' Glow Tinted Lip Oil, providing a sheer color that enhances your natural lip tone while delivering deep hydration for a glossy,plump finish. Complement this with the Curl It Mascara, which promises to lift and curl lashes for a wide- ......read more

Kuwait City, April 29th, 2024: National Mobile Telecommunications Company K.S.C.P “Ooredoo” (Ticker: OOREDOO) announced today its financial results for the quarter ended 31st March 2024:  Financial Highlights:   Quarterly Analysis    Q1 2024 Q1 2023  % change  Consolidated Revenue (KWD m)  170  155 9%  EBITDA (KWD m)  59  55 7%  EBITDA margin (%) 35% ......read more

Do you love a makeup look where your skin looks glowy but still looks natural? Then, what might be looking for is the sun-kissed girl makeup look.   The sun-kissed makeup look essentially mimics the golden touch of the sun. Whether you're heading to the beach or a night out with friends, this look just adds the perfect amount of sun-kissed charm. Check out below to find the ultimate guide to mastering the art of the sun-kissed makeup look.  Step 1: Skincare is essential.  Start with a clean, moisturized, and sun-protected face. Apply a primer to look in your makeup, you could choose something with a glowy finish such as HELLO,GOOD STUFF!GLOW SERUM PRIMER t ......read more

In an effort to underscore the importance of taking pride in values and family traditions Kuwait, 30 April 2024:  Burgan Bank released its “Wain Al Ayadi, Middo Al ‘Ayadi” Eid TVC, recorded and performed by the notable multi-disciplinary artist Bader Al-Shuaibi along with a group of talented children. “Wain Al Ayadi” comes as part of the “Abracadabra 2” show performances, whereby the cheerful song was adapted into a commercial (TVC). The TVC was received with enthusiasm, garnering impressive numbers in views across the different social networks.  “Wain Al Ayadi” captured one of the warmest and most significant Eid momen ......read more

Kuwait, 29 April 2024: Kuwait International Bank (KIB) continues to improve banking protection measures, and to dedicate all efforts aimed at enhancing customer awareness and financial literacy, particularly concerning the increasing incidents of financial fraud. This initiative is part of the ‘Let’s Be Aware’ (Diraya) financial awareness campaign, which was launched four years ago by the Central Bank of Kuwait and the Kuwait Banking Association, in collaboration with local Kuwaiti banks. KIB’s efforts in this area reflect its ongoing commitment to protecting its customers’ assets and elevating their banking experience to new levels of security and reliability. ......read more

‘UAE Companies Investment Meet’, organized by the UAE Embassy in Kuwait under the patronage of the Prime Minister, witnessed the participation of 20 leading Emirati companies. UAE ranks as Kuwait’s 3rd largest investment partner globally with a value of AED3.3 billion, while Kuwait is the UAE’s 10th largest with AED13.2 billion invested. HE Al Zeyoudi: “UAE Companies Investment Meet in Kuwait provides the ideal platform to build on growing momentum in UAE-Kuwait trade and investment ties and develop more mutually beneficial opportunities for our private sector.” HE Al Jawaan: “Events such as this one will restore the historic role of the pri ......read more

Kuwait, 28 April 2024: As part of efforts to continue providing the best financing deals, Kuwait International Bank (KIB) recently announced the launch of an offer for the new KIA Seltos through its innovative KIB PayTally app. The offer includes a 5-year Musawama financing, with a Zero profit repayment plan, along with an additional warranty on the vehicle for 3 years or 100,000 kilometers, subject to the terms and conditions of the offer. This step comes as part of the Bank's strategy aimed at continuing to elevate its customers’ banking experiences to a distinct level, as well as enhancing its partnership with the official agent for KIA vehicles, Al Mutawa Group. Commenting o ......read more

Annual profit rate of 6.625% Kuwait, 27 April 2024: The Chairman of KIB, Sheikh Mohammed Jarrah Al-Sabah stated that “As a result of Kuwait International Bank’s (“KIB”) outstanding achievements during the last few years, the solid financial position, its strong credit rating, in line with its well-planned expansionary strategy and its sustainability; and to maintain an appropriate capital adequacy ratio (CAR) level, the Bank decided on issuing an Additional Tier 1 (“AT1”) Sukuk, which was approved by its Annual General Assembly and all competent regulatory bodies. On Wednesday, 24 April 2024, KIB successfully priced a USD 300 Million AT1 perpetual Su ......read more

Reaffirming its commitment to developing its human capital and offering its customers best-in-class service Kuwait, 28 April 2024 Burgan Bank announced the launch of an exclusive Investment and Wealth Management Academy, in line with its dedicated human capital strategy. The academy is curated and delivered in collaboration with the world-renowned provider of learning and development solutions Fitch Learning of Fitch Group. The intensive three-week in-house program reinforces the Bank’s commitment to advancing the professional calibers of Kuwait. It also confirms Burgan’s unwavering efforts to equip its staff with the necessary up-to-date skills and knowledge required to ......read more

Kuwait, 25 April 2024: Kuwait International Bank (KIB) announced the organization of the first-ever Partners and Suppliers Forum in Kuwait, dedicated to its local partners and suppliers. This initiative reflects the Bank's commitment to continuing the journey of achievements and successes that began earlier this year. It is also part of the KIB’s comprehensive business strategy, aimed at enhancing the level of banking services and products it provides to customers from all segments, aligning with their aspirations, expectations, and lifestyles. Commenting on the forum, Nasser Al-Osaimi – Head of Procurement said: “KIB has always been a pioneer in showing appreciation ......read more

APRIL 25, 2024 — Ogilvy today announced that Antonis Kocheilas has been named Global Chief Transformation Officer. In this newly created role, Antonis will be responsible for identifying, developing, and implementing transformational strategies and systems that help clients adapt to the ever-changing market dynamics of today and in the future. In addition, he will work to create and scale new offerings, tools, and processes that keep Ogilvy at the forefront of the rapidly evolving creative industry partnering with Liz Taylor (Global CCO), Mick McCabe (Global CSO), Sophie Hoffstetter (Global Chief Client Officer), Philip Heimann (Global Chief Growth & Marketing Officer), among other ......read more

Kuwait, 24 April 2024: KIB Mubader Center, the subsidiary of Kuwait International Bank (KIB), announced the launch of the country’s first e-commerce marathon. Taking place on May 1st, ‘E-Cothon’ aims to foster entrepreneurial spirit and innovation, enhancing sales skills via social media platforms and equipping entrepreneurs with the knowledge to create effective marketing strategies. Commenting on the initiative, Mohammad Al-Huwaidi, Head of Mubader, said: "Organizing the digital commerce competition 'E-Cothon' is part of KIB Mubader Center's ongoing commitment to actively contribute to the development of a generation of talented Kuwaiti entrepreneurs a ......read more

Sundus Bushahri will focus on growing SAP's footprint in Kuwait and supporting national digitalization and training targets, while championing the role of women in technology KUWAIT CITY, Kuwait — 23 April, 2024 — Global technology company SAP has announced the appointment of Eng. Sundus Bushahri as Managing Director for its Kuwait operations. With more than 15 years of experience gained at large multinationals and Fortune 500 companies, Bushahri will lead her team in supporting Kuwait's ambitious digitalization and workforce training agenda, helping companies to leverage the enormous potential of cloud computing and business AI. "Kuwait is a highly significant ......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, 23 April 2024: Kuwait International Bank (KIB) announced the winners of the Fourth weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners throughout the year. The weekly draw, based on customers’ March 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 Seham Mahdi Sulaiman Alshammery, Abdulrahman Mohammad Hasan Borhamah, Mona Merweh Farhan Alenezi, Mubar ......read more

Continuing its efforts to support the development of Kuwait’s culture and entertainment scene Kuwait, 23 April 2024: Following the massive success of “Feykom Tarab: One Night with Miami” and “Graish”, Burgan Bank announced that it will be sponsoring Free Jabriya Productions’ newest musical festival “Macintosh”. The Bank’s latest sponsored event is set to take place at The Arena on April 26-27, with an expected turnout of 10,000 attendees. This joint effort is an extension of Burgan Bank’s expansive social responsibility program and its unwavering commitment to the development of the domestic culture and entertainment sector ......read more

Kuwait, 22 April 2024: Kuwait International Bank (KIB) recently announced the launch of the best financing offer on various Nissan Patrol models through its innovative KIB PayTally app. The offer includes a 5-year Musawama financing, with Zero profit and 5 years of free service, along with an additional warranty on the vehicle for 3 years or 100,000 kilometers, subject to the terms and conditions of the offer. This step comes as part of the Bank's strategy aimed at continuing to provide the highest level of distinctive financing offers, and enhancing its partnership with the local agent for Nissan Patrol vehicles, Abdulmohsen Abdulaziz Al-Babtain Co. Commenting on the launch of this exc ......read more

Kuwait, 22nd  April 2024: In observance of International Earth Day, Ooredoo Kuwait, renowned for its unwavering dedication to sustainability, continues to spearhead groundbreaking initiatives aimed at further reducing carbon emissions and championing environmental responsibility. Expanding on its enduring commitment to this global cause, Ooredoo Kuwait sets the pace by embracing eco-friendly practices and pioneering solutions to safeguard the planet. Among its ongoing sustainability endeavors, Ooredoo Kuwait has embarked on a significant initiative to transition from diesel generators to grid power. This pivotal move underscores the company's steadfast commitment to shrinkin ......read more

Dubai, United Arab Emirates (April 22, 2024) – Hysek, the leading Swiss brand embodying the pinnacle of haute horology, has recently introduced a selection of new timepieces at Watches & Wonders 2024, the world’s largest watch show unveiling the latest innovations and precision in watchmaking. Synonym of creativity, technicality, and quality, Hysek enjoys a prestigious position in high-end timepieces with unique designs inspired by the brand’s robust and daring personality. The Hysek collection this year focused again on Abyss line with two new models in 36mm and 41mm to strengthen the Abyss model and in response to an ever-increasing demand for extreme research into ......read more

Kuwait, 20 April 2024: Kuwait International Bank (KIB) is pleased to announce that it has been recognized as the "Best Bank in Financial Literacy Program – MENA 2023" by the prestigious Capital Finance International (CFI.co) magazine awards. This win highlights KIB's unwavering commitment to promoting financial literacy and empowering individuals to make informed financial decisions. KIB was selected as the award recipient following a decision by the CFI.co judging panel. The evaluation decision was based on the Bank’s multiple initiatives and efforts to spread financial literacy, including organizing information sessions at high-traffic venues to engage directly w ......read more

As part of its comprehensive social responsibility program and active community engagement efforts Kuwait, 21 April 2024: Burgan Bank announced it continues annual support for the Kuwait Association for the Care of Children in Hospital (KACCH) and Bayt Abdullah Children's Hospice (BACCH) for the 23rd consecutive year. The Bank’s unwavering support for KACCH and BACCH has taken multiple forms over the decades, from annual donations to yearlong volunteering that engages all Burgan staff. This comes as part of the Bank’s committed and all-encompassing social responsibility program and its institutional mission to remain a leading contributor to the overall development of ......read more

The charity auction will take place both online and offline at the Invest World Expo Dubai gala dinner on the 23rd of April  (Dubai, UAE — April 17, 2024) —  Tooba, the charitable platform dedicated to facilitating global giving in a quick, simple and secure manner, will mark its inaugural presence at the Invest World Expo Dubai 2024 to channel resources towards meaningful causes. The charity auction is taking place online on Tooba's instagram account and offline at the gala dinner of the event on the 23rd of April, at the Atlantis The Royal, Dubai. Participants are encouraged to make donations towards various causes, with the individual making the largest contri ......read more

Confirming its commitment to empowering Kuwaiti youth in sports Kuwait, 18 April 2024: Burgan Bank announced its sponsorship of the UK-based Bristol Rovers Football Academy in Kuwait; its latest bid to advance the sports culture in Kuwait and encourage youth to adopt a healthy lifestyle. This initiative comes as part of the Bank’s expansive social responsibility program and its unwavering efforts to encourage aspiring athletic talents across all ages and sports.  “Football is a sport that is enjoyed by a huge fan base in Kuwait,” Mr. Talal AlAyar, Senior Officer – Corporate and CSR Communications at Burgan Bank, said. “However, it’s time th ......read more

The new Panamera models take centre stage at state-of-the-art facility, showcasing updated powertrain, features, and design. Kuwait. The Porsche Panamera, the brand’s four-seater sports car for every day which redefined the automotive executive class upon its inception, is expanding further with the introduction of its third generation at Porsche Centre Kuwait, Behbehani Motors Company, the leading automotive brand. The grand event unfolded at the state-of-the-art Porsche Centre Shuwaikh facility, where the spotlight shone brightly on two examples of the new Panamera.  This unveiling marked a pivotal moment in the realm of automotive excellence, showcasing Porsche ......read more

Confirming its commitment to securing the highest levels of employee satisfaction Kuwait, 17 April 2024 In its latest bid to elevate its employees’ work experience, Burgan Bank announced that all staff are now eligible for a one-day paid birthday leave. This comes as part of Burgan Bank’s continuous efforts to reinforce its positive work environment by catering to its employees’ personal and professional needs, reaffirming their indispensable value and central role in the Bank’s consistent success. “To many people, their birthday marks a celebration of how far they have come in life, a chance to set goals for yet another year, and an opportunity to ap ......read more

As part of its comprehensive social responsibility program and sports-focused community strategy Kuwait, 16 April 2024: Burgan Bank concluded its strategic sponsorship of the Kuwait Equestrian Federation (KEF) Tour for the 2023/2024 season, continuing its dedicated efforts to help elevate the local sports scene. A highlight in the country’s sporting calendar, the Bank’s sponsorship comes for the third consecutive year, emphasizing its commitment to promoting the sports culture in Kuwait, as part of its comprehensive social responsibility program. Commenting on the sponsorship, Mrs. Kholoud Redha AlFeeli, Deputy General Manager - Marketing and Communication at Burgan Ba ......read more

Kuwait, April 15, 2024: Kuwait International Bank (KIB) recently organized an Iftar banquet for security guards of the Joint Banking Complex, as part of its annual Ramadan campaign that embodies the holy month’s spirit and solidifies social cohesion in Kuwait. This initiative reflects appreciation for the tremendous efforts exerted by security personnel at work, reinforcing the Bank’s commitment to the Kuwaiti society’s ethical and humanitarian values, in line with its comprehensive corporate social responsibility strategy. Speaking on the occasion, Basil Al-Suwaidan, General Manager of the Information Security, Privacy and Anti-Fraud Department at KIB, said: “This ......read more

Kuwait - For the longest time, open-ear earbuds have generated mixed responses from the audio community. On the one hand, they offer an alternative to in-ear earbuds that have now dominated the market and left little space for design variety. On the other hand, many of the recent open-ear earbuds have been met with disinterest, with critics citing the discomfort and inconvenience of the popular neckband or ear-hook form factors found in many such earbuds. These very reasons have been the driving force behind the creation of the HUAWEI FreeClip, and why it has been generating waves in the industry. Recognising the shortcomings of most open-ear earbuds, Huawei took user feedback about desig ......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, 9 April 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’ March deposits, recently took place in the presence of representatives from the Ministry of Commerce and Industry, as well as representatives from the Bank. Abdulaziz Ridha Rajab Ridha and Alaa Jameel Abduljawad were named the lucky winners in the monthly draw, with each custom ......read more

Launched in 2010 as the first movement designed by the Manufacture, and a technical and aesthetic pioneer, the Unico calibre only served to strengthen the reputation of Hublot, already renowned for the cutting-edge design of its watches. It boasts a unique look, thanks to its column wheel which is perfectly visible on the dial side, its chronograph with flyback function, its stylish anthracite grey lines and its unrivalled performance. This year, Hublot launches five new references boasting the Unico movement in a multitude of materials: ceramic, sapphire and Magic Gold Big Bang Mp-11 Water Blue Sapphire The MP-11, featuring its sculptural 7-barrel movement with a 2-week power reserve, ......read more

Dear valued customer, in order to recognise and thank you for your loyalty to Bremont, we are writing to give you an exclusive early preview of the brand new releases of expertly crafted tool watches, as we prepare to unveil them at the world's biggest celebration of master watch making, Watches and Wonders in Geneva, where Bremont will be exhibiting for the first time. Below you will find your exclusive preview of our new timepieces, which will officially launch on Bremont.com at: 07:30 (BST) 9th April 2024 To mark the evolution of our wonderful brand, from a humble foundation in aviation to a maker of tool watches that perform on the Land, in the Ocean and in the Skies we are pro ......read more

[Kuwait, April 8th 2024] - Ooredoo Kuwait, the leading telecommunications provider committed to corporate social responsibility, concluded its impactful Ramadan 2024 campaign, which comprised a range of initiatives aimed at uplifting the community, enhancing the Ramadan experience for all, and making a positive difference. The campaign featured a diverse range of activities and programs, including charitable endeavors and cultural celebrations. Fostering Community Engagement through Iftar Gatherings & Meals Distribution: The company sponsored the "Longest Ramadan Iftar Table" event in Mubarakiyah, in collaboration with Al-Najat Charity. This initiative brought together ......read more

Kuwait, 9 April 2024 Burgan Bank announced that it will be closing all branches starting Tuesday April 9, 2024, on the occasion of the Eid Al Fitr holiday. The Bank will resume normal operating hours at all branches on Sunday, April 14, 2024. However, to accommodate Burgan Bank customers, the Airport Branch will continue to operate around the clock during the holidays, with only a short break every day between 11:00 pm and 12:30 am.  For more information about Burgan Bank’s products and services during the Eid holiday, customers can contact the customer service center at 1804080, via phone or WhatsApp. Customers can also continue to conduct their financial transactions easil ......read more

Kuwait, 8 April 2024: Kuwait International Bank (KIB) recently concluded its annual Ramadan campaign, which included a diverse range of initiatives and activities aimed at positively impacting the community and providing support to all its segments and individuals. This important step came within the framework of the Bank's renewed commitment to its comprehensive social responsibility strategy. It also reaffirmed KIB’s ongoing humanitarian efforts to promote the concept of solidarity, instill a culture of giving, and elevate noble humanitarian principles and values, on top of which is compassion. Commenting on the occasion, Abdullah Al Khamees, Senior Specialist - Internal Commu ......read more

Kuwait 7th April 2024: In line with World Autism Day, Ooredoo Kuwait, the prominent telecommunications company, recently visited the Kuwait Center for Autism as part of its social responsibility program. This visit highlighted Ooredoo's ongoing support for the center and its commitment to integrating autistic children into society. During the visit, company employees engaged with the center's students, spending quality time with them and distributing gifts to bring smiles to their faces. This initiative underscores Ooredoo Kuwait's dedication to supporting various humanitarian causes, aiming to enhance its role as a catalyst for positive change in society. Through i ......read more

Kuwait - Open-ear earbuds – hate it or love it, this genre of earbuds has added greater diversity to a market that lacks it. For many users, in-ear earbuds may not always be the standard cup of tea, yet they have become the dominant product in the wireless audio consumer market. While in-ear earbuds are suited for audiophiles, their design inherently makes them susceptible to sliding and falling off the ears, and could be uncomfortable if worn for long periods. Open-ear earbuds have sought to address these downsides, but most attempts have been less than stellar – until the much-awaited arrival of the HUAWEI FreeClip. Sporting an iconic C-bridge Design, an engineering marvel p ......read more

Cementing its commitment to the nationwide development of Kuwait’s human capital Kuwait, 8 April 2024: Burgan Bank recently celebrated 37 of its high-potential, aspiring talents who graduated from the second round of the Bank’s flagship talent development program, Ro’ya. The Bank’s management attended the graduation ceremony in recognition of the graduates’ impressive dedication and performance, which they exhibited along the learning tracks of the program. Ro’ya, among several other educational and training programs, comes as part of Burgan’s steadfast strategy for human capital development, which aims to enhance the personal and professional ski ......read more

Kuwait – April 3rd, 2024- During the peak travel season for visiting Saudi Arabia in the last days of Ramadan and performing Umrah rituals, Ooredoo Kuwait, the country’s leading telecom company in integrated and innovative communication services, has unveiled its new and distinctive offers for comprehensive roaming services dedicated to customers planning to visit the Kingdom in the upcoming period. To ensure that these travelers maintain seamless communication with their loved ones, friends, and families in Kuwait, without concerns about exorbitant roaming charges or service disruptions, Ooredoo presented a special plan for both current postpaid and prepaid customers during R ......read more

CEQUENS, a leading global omnichannel communication service provider recognized as a tier 1 SMS hub in the global SMS market, is thrilled to announce its exclusive partnership with stc Kuwait for A2P, P2P, P2A, Flash Calling, and RCS messaging services. stc Kuwait is a leading brand in the telecommunications industry that was established in December 2008 as a subsidiary of stc Group. This strategic collaboration marks a significant milestone in the telecommunications industry, bringing innovative communication solutions to businesses and individuals in Kuwait. As the exclusive partner for stc Kuwait, the partnership aims to empower businesses with scalable and efficient communication solu ......read more

[Kuwait, 1 April 2024] Award-winning telecom leader, Ooredoo Kuwait, continues to deliver on its humanitarian promise,  reaching out to the community in creative ways to leave a lasting positive impact and effective social footprint. Within this vein, Ooredoo Kuwait proudly announced its collaboration with Al-Najat Charity, to Sponser one of the season’s most remarkable events – hosting the ‘longest Ramadan iftar table in Kuwait at Souq Al Mubarkiyah’.  Held last Saturday, this groundbreaking initiative saw over 1500 people gathering to break their fast together, at a table that spread across the entire Mubarkiyah. The festivity offered delicious food and ......read more

Kuwait - Earbuds are one of the most popular devices for listening to music and podcasts, but they also have some drawbacks. Traditional earbuds seal off the ears, which can make them uncomfortable for some people. They can also block out important sounds and disconnect us from our surroundings. That's where open-ear earbuds come to the rescue. Unlike the earbuds we've grown used to, open-ear earbuds sit outside your ear canal so you can actually hear what's happening around you. You get crisp audio without losing touch with reality. They are ideal for people who want to hear their environment while listening to music or podcasts, or who have sensitive ears that do not like the f ......read more

As part of its comprehensive social responsibility program Kuwait, 1 April 2024: In the spirit of giving that defines the holy month of Ramadan, Burgan Bank collaborated with the Kuwait Food Bank and Relief to distribute Ramadan Iftar meals among the fasting community members in several prime locations across Kuwait. This initiative came as part of Burgan’s expansive social responsibility program and its active role as an engaged corporate citizen and member of the community. Commenting on this campaign, Ms. Hessa Hussain Al-Najadah, Senior Manager - Corporate and CSR Communications at Burgan Bank, said: “Ramadan is a reminder that unity and solidarity hold the key to ......read more

Shareholders approve the distribution of 6 fils cash dividend and 5% bonus shares Kuwait, March 30, 2024: Burgan Bank held its 60th Annual General Assembly Meeting and 37th Extraordinary General Assembly Meeting on 30/3/2024 at the Bank’s Headquarters with a quorum of 80.507%.   During the meeting, the Bank’s Board of Directors (BOD) presented the shareholders with the financial results for the year ending December 31, 2023. The shareholders also agreed to the distribution of 6 fils cash dividends per share in addition to 5% bonus shares for the fiscal year 2023. In his AGM speech, the Bank’s Chairman, Sheikh Abdullah Nasser Al-Sabah, said: “2023 was ......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, 30 March 2024: Kuwait International Bank (KIB) announced the winners of the fourth weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners throughout the year. The weekly draw, based on customers’ February deposits, recently took place in the presence of representatives from the Ministry of Commerce and Industry, as well as representatives from the Bank. The KD 1,000 prize was awarded to Khaled Hashem Mohammad AlOtaibi, Mohammad Saud Mejhem AlMutairi, Hanan Hassan Abdullah Alhassan, K ......read more

As part of its commitment to the CBK’s “Let’s Be Aware” (Diraya) campaign Kuwait, 29 March 2024: Burgan Bank continues to play an active role in supporting the “Let’s Be Aware” (Diraya) banking awareness campaign, which was launched by the Central Bank of Kuwait (CBK) and the Kuwait Banking Association (KBA) in cooperation with Kuwaiti banks. The Bank is introducing a series of seasonal awareness themes to promote the culture of financial literacy and accountability as part of its comprehensive social responsibility program. This initiative serves as a call to action, as both an educational and an empowerment tool dedicated to resonating with a ......read more

Agility to distribute 49% of share capital of subsidiary, Agility Global PLC, pursuing a listing on the Abu Dhabi Securities Exchange (ADX) Board approves interim cash dividend distribution of KD 25.5 million (USD 83 million); equivalent to 10 fls per share. Agility’s Board has also approved an in-kind dividend distribution estimated at KD 800 million (USD 2.6 billion), representing shares forming 49% of the issued share capital of a subsidiary, Agility Global PLC, which is pursuing a listing on the Abu Dhabi Securities Exchange (ADX). Following the distribution, Agility, a listed company on the Kuwait Stock Exchange and Dubai Financial Market, remains the controlling shareho ......read more

5% cash dividend and 3% bonus shares for the year 2023 KD 19 million profit for the year 2023 Growth in net profit attributable to shareholders by 40% at 10.28 fils of earnings per share Total assets amounted to KD 3.62 billion Financing portfolio amounted to KD 2.49 billion Depositors' accounts amounted to KD 2.12 billion Total capital adequacy ratio stood at 19.8% Kuwait, 27 March 2024: Kuwait International Bank (KIB) held its Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) on Wednesday, March 27, 2024, with 75.22% of shareholders in attendance. The AGM approved the agenda items of both the ordinary and extraordinary General Assembly meetings, a ......read more

[Kuwait 27th March, 2024] - Ooredoo Kuwait, the country's leading telecommunications operator, has embarked on a compassionate journey this Ramadan to extend support to the underprivileged segments of society. Through a month-long CSR campaign, the company has initiated a series of charitable endeavors aimed at uplifting the society and spreading joy during the holy month. These efforts are geared towards supporting the community through donations and volunteer work across multiple causes. In collaboration with Rahma International Society, Ooredoo Kuwait has distributed 700 meals to those in need across various locations in Kuwait, including Subhan and areas where many blue-collar wor ......read more

Kuwait, 26 March 2024: Kuwait International Bank (KIB) announced that its Eidiya service will be available across its nationwide network of branches and ATMs in the lead-up to Eid Al Fitr. This annual initiative aligns with the initiative launched by the Central Bank of Kuwait (CBK) in collaboration with the Kuwait Banking Association (KBA) on the same occasion. The revival of the Eidiya service further confirms the Bank’s commitment to offering a wide range of banking services and solutions that fulfill its customers’ needs and guarantee they enjoy a banking experience that is convenient and rewarding. The initiative also comes under KIB’s expansive social responsibility p ......read more

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