KuwaitPR.com, Online Press Release from Kuwait
The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returnsKuwait, 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 througho... ... 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... ... 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 exhi... ... 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 di... ... Read more
Boy’s U-18 padel reaches semi-final stages All set for Jiu-Jitsu and men’s volleyball at most popular sports event during holy month of RamadanDUBAI: The Netherlands will meet Kuwait in the finals of the Padel competition of the 11th Nad Al Sheba (NAS) Sports Tournament to be held at the Nad Al Sheba Sports Complex.The Netherlands and ... ... Read more
Offering its cardholders exclusive discounts for easier, more rewarding shoppingKuwait, 17 March 2024: In celebration of Ramadan, Burgan Bank announced its collaboration with talabat during the holy month, whereby all customers shopping with a Burgan credit or pre-paid card can enjoy up to a 50% discount on all orders placed via the talabat app. Th... ... 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 in... ... Read more
Kuwait, 7 March 2024: Kuwait International Bank (KIB) announced the signing of a strategic partnership agreement between KIB Mubader Center, which specializes in incubation services, business acceleration, and entrepreneurship training for owners of small and medium-sized enterprises (SMEs), and Paydo, a leading company in the field of technical an... ... 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 Decembe... ... Read more
Cementing its commitment to the nationwide development of Kuwait’s human capitalKuwait, 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 ... ... 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.... ... 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 80... ... 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 ... ... 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 ... ... Read more


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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

[Kuwait City 26thMarch 2024] - Ooredoo Kuwait, renowned for its dedication to children's activities and community engagement, continues to enrich Kuwaiti culture by celebrating Gergaian during the holy month of Ramadan. This year, the company participated in the Gergaian event at Bugsha Ramadan Nights, spreading joy and tradition among young ones. Every year, Ooredoo Kuwait embarks on this festive journey with a fresh and distinctive approach. Embracing the beloved tradition, Ooredoo Kuwait took it upon itself to revive the spirit of Gergaian for local children. Choosing to collaborate with the Bugsha team, they orchestrated vibrant Gergaian celebrations at Al Raya Center. The event n ......read more

This Eid, elevate your scent game with Amouage and NEST. Whether you’re searching for the perfect gift for your family, friends, or even yourself this selection offers a luxurious sensory experience that transcends the ordinary. Please don’t hesitate to be in touch if you need any further details from my side. Rediscover the Secret Garden Collection with Love Delight Forming a distinct stylistic profile, Amouage’s Secret Garden has been re-imagined to include a brand new composition, Love Delight – a delicious creation that adds an alluring dimension to the quartet’s expression of womanhood. When the scent first reveals its optimistic personality, Gi ......read more

[Kuwait City 25thMarch 2024] - Ooredoo Kuwait, renowned for its dedication to children's activities and community engagement, continues to enrich Kuwaiti culture by celebrating Gergaian during the holy month of Ramadan. This year, the company participated in Gergaian event at KidZania, spreading joy and tradition among young ones. Gergaian, a beloved Kuwaiti tradition, involves children donning traditional attire and visiting neighbors to receive sweets and nuts while singing traditional songs. Embracing this cherished custom, Ooredoo Kuwait organized several events to bring the spirit of Gergaian to life for local children. Last weekend, Ooredoo Kuwait partnered with KidZania to h ......read more

Kwait, 25 March 2024: Kuwait International Bank (KIB) recently announced an exclusive offer for its customers to mark the celebration of Mother's Day, in collaboration with dessert brands Ever and J’s Bakery. The offer was extended to all KIB cardholders, whether credit, debit, or prepaid. This step came within the framework of the Bank’s continuous support for Kuwaiti entrepreneurs. It also embodied its commitment to enhancing its customers' experience and elevating their level of prosperity, while engaging them in such vital societal occasions. Commenting on the occasion, Mariam Al-Nasser, Area Manager of Retail Banking at KIB said: “We are always delighted to ......read more

Ensuring an all-around convenient grocery shopping experience for its customers Kuwait, 25 March 2024: As part of its far-reaching Ramadan campaign, Burgan Bank announced that it will be collaborating with Daiya Co-Op and selective City Hypermarket branches across Kuwait to ensure that all Burgan customers enjoy a seamless and rewarding shopping experience during the holy month. This collaboration comes as part of the Bank’s comprehensive strategy for elevating its banking journey and the overall card payment experience that comes with Burgan’s full suite of tailored credit, debit, and pre-paid cards. As part of the collaboration, Burgan-branded check-out points will b ......read more

Kuwait City, [24th March,2024]: In line with Mother’s Day, Ooredoo Kuwait, the leading telecommunications company in the region, maintains its tradition of recognizing and supporting working mothers while also dedicating multiple internal initiatives to its employees. Emotional Messages Across Kuwait's Bridges In a bid to empower women and promote work-life balance, Ooredoo adorned bridges across Kuwait with emotional messages, expressing gratitude to working mothers and reminding them of their irreplaceable role within their families. Acknowledging the challenges faced by working mothers in balancing career and family responsibilities, Ooredoo Kuwait's Mother's Da ......read more

As part of its comprehensive social responsibility program and efforts to bolster Kuwait’s sports culture Kuwait, 25 March 2024: Burgan Bank announced that it will be sponsoring ‘The Workout’ fitness experience, powered by Fohgah App and coach Salah Al-Shatti, as a strategic partner. The fitness event is scheduled to take place on three consecutive Fridays during the holy month of Ramadan at Al-Assima Mall’s rooftop and track area, with weekly prizes for competition winners. This sponsorship is part of Burgan Bank’s efforts to promote a sports culture in Kuwait and comes under the umbrella of the Bank’s comprehensive social responsibility program, ......read more

Kuwait, 23 March 2024: Kuwait International Bank (KIB) organized a special event for its employees to celebrate International Women's Day. The event, entitled She L.E.A.D., featured a panel discussion on activating the role of women in various positions within the Bank's departments. This vital initiative came as part of KIB's comprehensive strategy aimed at enhancing the status of women and empowering them to reach advanced leadership positions in the banking sector. It also aimed to identify strengths that ensure their distinction in performing their duties and achieving their aspirations. On this occasion, Siham AlKhorayef, Manager of Learning and Development at KIB, stated ......read more

As part of its dedicated human capital development efforts Kuwait, 23 March 2024: Burgan Bank announced the launch of its newest program, launching Burgan Beacon (Manarat Burgan), which revolves around appreciating and rewarding all employees who go the extra mile in their areas of work. This program comes as a new bid to reinforce and encourage innovation and outstanding performance in the workplace. It is part of the Bank’s comprehensive human capital development strategy and its unwavering efforts to foster national talents, especially in the banking sector. Through Burgan Beacon, the Bank aims to bolster its leading position in the market, reinforcing its role as one of the ......read more

Kuwait, 18th March 2024- Ooredoo Kuwait proudly announces its official re-certification with the Payment Card Industry (PCI)-Data Security Standards (DSS) 4.0 Compliance International Certification and ISO/IEC 27001:2022 & 27017:2015 (Information Security Management System).  Reinforcing its dedication to the highest standards of compliance and solidifying its position as an industry leader in information security, this milestone achievement positions Ooredoo Kuwait as the foremost telecom provider in Kuwait certified with the latest versions of these industry-leading standards those certifications are a proof of strengthening all payment channels, including Ooredoo's digital p ......read more

The best account of its kind in Kuwait in terms of the number of winners and offering the highest month Kuwait, 21 March 2024: Kuwait International Bank (KIB) announced the names of the winners in the Al Dirwaza account’s second and third weekly draws, based on customers’ February deposits. The two weekly draws were recently held in the presence of representatives from the Ministry of Commerce and Industry, as well as representatives from the Bank. In the second weekly draw, the KD 1,000 prize was awarded to Marzouq Qeaid Faisal AlOtaibi, Hadeel Alaa Aldeen Mirza AlSeleemi, Mohammad Abdulredha Mohammad AlBazzaz, Laila Abbas Ahmad AlSairafi, and Abdulkarim Ajdar Khalil Balanji, ......read more

Kuwait, Kuwait, 20 March 2024: Advanced Technology Company (ATC), the leading distributor of medical devices in Kuwait, recently organized a three-day course on minimally invasive soft tissue grafting in collaboration with the Ministry of Health’s Continuing Dental Education Office (CDEO). The course, which took place from 5-7 March at the Marina Hotel in Kuwait, comes as part of ATC’s wider efforts to elevate the standards of dental care in Kuwait and support professional development in the region. Over 70 periodontists took part in the course, which was led by Dr. Adrian Kasaj, Associate Professor of Periodontology at the University of Mainz, Germany. Kasaj also serves as a ......read more

Kuwait, 20 March 2024: Kuwait International Bank (KIB) announced the names of the winners in the exclusive February promotion draw, recently launched by the Bank for all its customers holding Visa Credit and Prepaid Cards, including Visa Classic, Gold, Platinum, Signature, Infinite, and Prepaid Cards. The promotion was launched on the occasion of celebrating Kuwait’s National and Liberation Day, offering customers opportunities to win prizes for transactions made using the eligible cards, both within Kuwait and abroad. The total value of cash prizes stood at KD 8,000. The draw recently took place at KIB’s Head Office, under the supervision of representatives from the Ministry ......read more

Bolstering the Bank’s active participation in women’s empowerment in Kuwait Kuwait, 21 March 2024: Burgan Bank recently participated in a series of workshops that were organized and hosted by the European Union’s (EU) Delegation to the State of Kuwait, which focused on the best practices for increasing women’s participation in leadership roles within the private sector. Representing Burgan Bank at the event was Mrs. Huda AlShammari, General Manager – International Banks Office. Other attendees included high profile women in leadership positions in sectors such as politics, diplomacy, media, business – including the banking industry – academia ......read more

In continued efforts to empower women in the workplace and the community Kuwait, 20 March 2024 : Burgan Bank, represented by Mr. Fadel Abdullah, Chief Executive Officer – Kuwait, recently took part in the Kuwait Women’s Economic Empowerment Platform’s (KWEEP) event, which was held at the Sheikh Jaber Al-Ahmad Cultural Centre (JACC). The event called on all private sector institutions to collaborate in shaping the future of women in Kuwait. The Bank’s participation comes as part of its unwavering dedication to supporting and empowering women in Kuwait and especially in the Banking sector. Commenting on the event, Mr. Fadel said: “Women, inside Burgan Bank and ......read more

SHEGLAM, the renowned beauty brand synonymous with innovation and quality, is proud to announce its special Ramadan promotion in partnership with Centrepoint. Commencing on the 20th March until the 12th April, SHEGLAM's highly anticipated Lunar & Stellar Box Set will be exclusively available at 113 Centrepoint stores across the UAE, Saudi Arabia, Qatar, Kuwait, and Oman. This limited-time promotion brings together SHEGLAM's bestselling products, specifically the SHEGLAM Color Bloom Liquid Blusher - Love Cake, SHEGLAM Pout-Perfect Shine Lip Plumper - Sepia Kiss, SHEGLAM Dynamatte Boom Long-Lasting Matte Lipstick-High Key, SHEGLAM Brows On Dema ......read more

Kuwait, 19 March 2024: Kuwait International Bank (KIB) announced that its subsidiary, KIB Mubader Center, sponsored the Startups Expo, which recently took place at A5 Mall in Shuwaikh. The expo featured a distinguished lineup of small and medium-sized projects from various fields. This step comes as part of the Bank’s and KIB Mubader Center’s continuous efforts to support events that support small and medium-sized enterprises (SMEs) and Kuwaiti entrepreneurs. It underscores the importance of this vital sector in Kuwait in general, and the crucial role of the private sector in driving the local economy forward. Commenting on the occasion, Mohammad Al-Huwaidi, Head of Mubader, e ......read more

Kuwait, 18th March, 2024: Ooredoo Kuwait, the country's leading telecommunications provider, is excited to announce the operational excellence of its highly anticipated ProPing Gaming Lab. Serving as a 24/7 call center exclusively dedicated to gamers, this cutting-edge facility offers instant support and upgrades for an enhanced gaming experience. In collaboration with FASTtelco and Blink, Ooredoo Kuwait has developed a state-of-the-art establishment set to redefine the gaming landscape for enthusiasts across the country. By tapping into Blink's expertise in delivering top-tier gaming setups, featuring high-end gaming PCs, ergonomic desks, and comfortable chairs, Ooredoo Kuw ......read more

Boy’s U-18 padel reaches semi-final stages All set for Jiu-Jitsu and men’s volleyball at most popular sports event during holy month of Ramadan DUBAI: The Netherlands will meet Kuwait in the finals of the Padel competition of the 11th Nad Al Sheba (NAS) Sports Tournament to be held at the Nad Al Sheba Sports Complex. The Netherlands and Kuwait were efficient in disposing off the UAE and Iran respectively with identical 2-0 margins to set up a meeting in the final. Robin Siestma and Thijs Roper got The Netherlands off to a winning start with a 6-1, 7-5 result against the UAE’s Fares Al Janahi and Abdulla Al Ahli. Yannick Vorwaater and Youp De Kroon then put t ......read more

Offering its cardholders exclusive discounts for easier, more rewarding shopping Kuwait, 17 March 2024: In celebration of Ramadan, Burgan Bank announced its collaboration with talabat during the holy month, whereby all customers shopping with a Burgan credit or pre-paid card can enjoy up to a 50% discount on all orders placed via the talabat app. This collaboration comes as part of the Bank’s unwavering efforts to add ease and convenience to its cardholders’ banking experience, ensuring that every purchase is seamless and rewarding. Commenting on the collaboration, Mr. Nasser Al-Qaisi, General Manager – Retail Banking at Burgan Bank, said: “Ramadan is a month of ......read more

 [Kuwait, 16 March 2024] As part of its ongoing and strategic collaboration with the Kuwaiti Ministry of Interior (MOI), «talabat», a trailblazer in technology and innovation, recently concluded its main sponsorship of the season’s edition of GCC Traffic Week – Kuwait. Seamlessly aligning both public and private sector visions, this partnership aims to foster a safer and more sustainable environment for drivers in Kuwait and cultivate a more traffic-conscious society. Held last week, the  2024 Gulf Traffic Week, was inaugurated to raise awareness about traffic and transport safety, with talabat supporting as the main sponsor of the event. The tech and deliv ......read more

Kuwait, 14 March 2024: In continued efforts to support Kuwait’s entrepreneurs as well as small and medium enterprise (SMEs) owners, Kuwait International Bank (KIB) concluded its sponsorship of the final round of the 7th edition of Food Buzz Festival – Kuwait’s iconic food and beverage (F&B) annual festival. The final round took place between March 5 and 6 at Al Hamra Tower. KIB’s strategic sponsorship and continued support of the festival come as part of the Bank’s far-reaching social responsibility program. Commenting on the Bank’s participation in Food Buzz, Marwa Marafie, Manager of Marketing and Corporate Communications at KIB, said: “We a ......read more

Catrice, the beloved beauty brand known for its high-quality and affordable products, is thrilled to announce the launch of its limited edition "About Tonight" collection for Ramadan 2024. This special collection is designed to celebrate the spirit of Ramadan with a touch of glamour and elegance, perfect for all those special occasions and gatherings during the holy month. The "About Tonight" collection features a range of products that cater to all beauty enthusiasts, from bold metallic eyeshadows to radiant highlighters to face jewels. The standout product of the collection is the Metallic Liquid Eyeshadow, which includes a variety of shimmering shades that can be ea ......read more

Find Your Perfect Tech Treat for Fitness Buffs to Creators Kuwait - Do you want to make this year's Eid special? A thoughtful gift is a wonderful way to say 'Eid Mubarak.' As the joyous celebrations approach, it's time to find those special gifts for your loved ones. This Eid, elevate your gifting with cutting-edge technology from Huawei. Whether you're looking for something for your a fitness enthusiast, creative soul, tech-savvy professional, or simply someone who loves the latest gadgets, Huawei has something for everyone on your list - from the sleek HUAWEI WATCH GT 4 to the powerful HUAWEI MatePad Air. So this Eid, make your gifts as memorable as the occasion i ......read more

Under the umbrella of the Bank’s Dedication for Human Capital Development and Enhancement of Kuwaiti Caliber Burgan Bank recently celebrated 34 of its distinguished employees for completing various certification programs from the Kuwait Institute for Banking Studies (KIBS) carrying on the Bank’s continuous efforts aimed at developing its human capital and enhancing Kuwaiti talents. The graduation ceremony was attended by Mr. Fadel Abdullah, Chief Executive Officer – Kuwait at Burgan Bank, Mr. Naqeeb Amin, General Manager – Human Resources and Development Group at Burgan Bank, alongside Ms. Rana Al-Nibari, Director General at KIBS, and several other Burgan execu ......read more

Kuwait, 13 March 2024: As part of efforts to enhance its banking experience and ensure maximum added value to customers, adding to its full suite of banking products and services, Kuwait International Bank (KIB) is offering its Eidiya requests home delivery service exclusively for its KIB Black segment customers. Deliveries are available all over Kuwait, 24 hours a day/seven days a week. Accordingly, Black segment customers can apply for KIB’s exclusive Eidiya home delivery service starting from Sunday, March 17, 2024. The service can be accessed through KIB’s contact center, reachable on 1866866, or by the private customer relations manager. In this regard, Faisal Alshuwai ......read more

12 March 2024 (Hong Kong) -- The International Air Transport Association (IATA) reviewed progress in digitalization, safety and sustainability at the opening of the IATA World Cargo Symposium with the aim of accelerating progress on these critical priorities. “Air cargo volumes are now firmly back to pre-pandemic levels. The challenge now is to ensure that air cargo growth is efficient, safe and aligned with achieving net zero carbon emissions by 2050. Through the hard work of the air cargo industry, the building blocks are in place to significantly accelerate progress in all these areas,” said Brendan Sullivan, IATA’s Global Head of Cargo at the World Cargo Symposium (W ......read more

Kuwait, 12th March,2024: Ooredoo business, a trailblazing force in the telecommunications sector and a renowned digital innovator, reinforced its commitment to advancing the education sector as the platinum sponsor at the 'Kuwait Digital Transformation in Education Summit,' hosted at Kuwait University on March 4th. The one-day event, which unfolded at the Conference Center at Kuwait University, featured enlightening keynote presentations, engaging workshops, and an award ceremony organized to recognize Ooredoo's pivotal role in the education sector. The Ooredoo business team took center stage with a compelling presentation that focused on highlighting digital transform ......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 March 2024: Kuwait International Bank (KIB) announced the launch of the Al Dirwaza account 2024 draw campaign, distinguished by the highest number of winners throughout the year in addition to the highest expected annual return of up to 2% distributed monthly. As part of this year’s campaign, 12 winners will be selected in the weekly draws, where the first to fifth winners will receive KD 1,000 each and the sixth to twelfth winners will receive KD 500 each. In the monthly draws, two winners will be crowned, with each winner receiving a priz ......read more

Kuwait, 10 March 2024: Burgan Bank announced its working hours throughout the Holy Month of Ramadan. The Bank’s Head Office and branches, except for the airport and The Avenues branches, will commence operations in one shift between 10:00 am and 1:30 pm. Burgan’s airport branch will provide all banking services to customers by operating 7 days a week in three shifts. The morning shift will be from 9:30 am to 2:30 pm, the evening shift from 9:30 pm to 2:30 am, and the third shift from 3:30 am to 8:30 am. Meanwhile, The Avenues branch will operate from Sunday to Thursday in two shifts. The morning shift will start from 11:00 am to 3:30 pm, while the evening shift will be fr ......read more

Kuwait, 10 March 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: •           ABDULLAH MOHAMMAD QABAZARD •           FADHEL AWAD ALFADHLI •           NOURAH ALSAYED ALKABSI •      & ......read more

Kuwait, 7 March 2024: Kuwait International Bank (KIB) announced the signing of a strategic partnership agreement between KIB Mubader Center, which specializes in incubation services, business acceleration, and entrepreneurship training for owners of small and medium-sized enterprises (SMEs), and Paydo, a leading company in the field of technical and logistical services for e-commerce. Commenting on the new agreement, Mohammad Al-Huwaidi, Head of Mubader, said: “This strategic partnership aligns with the visions of both companies to support sustainable economic development and to achieve Kuwait's goal of becoming a leading financial and commercial hub. Furthermore, ......read more

As part of its comprehensive social responsibility program Burgan Bank recently partnered with the American United School (AUS) in helping sponsor the school's annual National and Liberation Day Carnival. The day-long carnival, held on the school’s premises, hosted around 1,500 participants, including staff, students, and their families. This sponsorship comes as part of Burgan’s comprehensive social responsibility program and its vital role as an active and engaged corporate citizen. Commenting on the Bank’s sponsorship, Ms. Hessa Hussain Al-Najadah, Senior Manager – Corporate & CSR Communications at Burgan Bank, said: “We were honored and delig ......read more

GREENVILLE, S.C., March 7, 2024 – Lockheed Martin (NYSE: LMT) today marked a significant milestone with the departure of the first ferry cell of three F-16 Block 70 jets from Greenville, South Carolina, to Bahrain. This event highlights Bahrain's role as the first Gulf Cooperation Council member to operate the F-16 and now the first to integrate the F-16 Block 70 variant into its fleet. To date, Lockheed Martin has produced five F-16 Block 70 jets for Bahrain, with an additional 11 in various stages of production and testing. The initial aircraft are performing flight test missions at Edwards Air Force Base, California, with the 416th Flight Test Squadron. OJ Sanchez, vice pr ......read more

Kuwait, 6 March 2024: Kuwait International Bank (KIB) held a press conference to unveil the array of benefits offered by its innovative digital product, the Multicurrency Prepaid Visa card. The launch of the new product aligns with the Bank’s overarching strategy to deliver innovative banking solutions and products designed to ensure convenience and ease for all its customers. It aims to enhance the quality of services provided, guaranteeing a secure and comfortable payment and shopping experience during travels and upon conducting international transactions. Commenting on KIB’s newest product, Othman Tawfeqe, General Manager of the Retail Banking Department, said: “We a ......read more

Kuwait, 5 March 2024: Kuwait International Bank (KIB) held a special press conference to announce the launch of Kuwait’s first bank-led digital marketplace, the KIB PayTally App. A leader in Islamic banking solutions, KIB’s pioneering initiative marks the first time a bank in Kuwait has created a platform to serve as a specialized digital marketplace, catering to the diverse needs of its customers’ modern lifestyles by allowing them to access everything they need in one place across various categories, in addition to the exclusive KIB Store. Commenting on the launch, Othman Tawfeqe, General Manager of the Retail Banking Department at KIB, said: “This initiative rep ......read more

Through the participation of Al-Babtain Group Holding Company, the authorized and exclusive dealer for JAECOO cars in Kuwait, the All-New J7 and J8 were introduced for the first time in Kuwait at the Auto Land exhibition. As it unveils its high-end off-road SUVs at the largest auto exhibition, it signals a paradigm shift in SUV innovation. These models encapsulate the brand's philosophy, "From Classic, Beyond Classic." With over 30,000 visitors throughout the 12-day exhibition, JAECOO effortlessly drew in a vast and enthusiastic crowd. Auto Land exhibition became a thrilling off-road spectacle as JAECOO transformed its exhibition space into an immersive, seamlessly blending ......read more

Dubai, UAE (March 4, 2024): Soon to become a premier address of choice in the city, Four Seasons Private Residences Bahrain Bay [3] is preparing to open its doors and appoints Valencia Albuquerque [4] as Director of Residences to oversee property management and resident experience, delivering Four Seasons legendary service to homeowners in Bahrain. A Four Seasons veteran of 17 years, Albuquerque has long played a role in enriching the lives of guests and residents across the brand's global portfolio. Her first Four Seasons appointment in 2007 was in her hometown as a concierge at Four Seasons Hotel Mumbai, before moving to Four Seasons Hotel Abu Dhabi at Al Maryah Island. Albuquerque& ......read more

Kuwait, 3 March 2024 : In celebration of Kuwait National Day, Burgan Bank announced the release of “Beladona Helwa”: a new song and accompanying video paying homage to Kuwait and the deep-rooted love for the homeland. Performed by a group of young and aspiring artists, the song was part of the modern re-imagining and reprisal of “Al-Sindbad Al-Bahri” (Sindbad the Sailor), the much-loved classic children’s play and the first play of its kind in Kuwait and the region. In the decades since its first release, “Beladona Helwa” has become an iconic song: a cultural landmark and a symbol of national pride that still lives on today as a reminder of the golde ......read more

Mobile Operator of the Year - Kuwait and Telecom Company of the Year - Kuwait Recognized  Kuwait, March 2nd , 2024: Ooredoo Kuwait, the country's leading telecommunications company, continues to enhance its reputation for excellence by securing two prestigious accolades at the Asian Telecom Awards. The company has been recognized as Mobile Operator of the Year - Kuwait and Telecom Company of the Year - Kuwait, reinforcing its standing as a trailblazer in the industry. The Asian Telecom Awards provide a distinguished platform, acknowledging entities that drive progress and initiate transformative shifts within the telecommunications sector.  This achievement marks Oored ......read more

Kuwait, 2 March 2024: World Finance has recognized Kuwait International Bank (KIB) with the “Best Customer-Focused Islamic Banking Products and Services in Kuwait” award for 2023. The award is in acknowledgment of KIB’s solid commitment to delivering exceptional customer service and is one of four awards KIB has won in the 2023 Islamic Finance Awards program. Upon its nomination in the awards program, which recognizes and honors some of the most prominent financial and banking institutions around the globe, KIB met the criteria set by World Finance. The criteria included the investment in multiple customer interaction platforms, which enabled the Bank to deliver highly q ......read more

As part of its strategy of creating a positive work environment and boosting employee engagement   Kuwait, 1 March 2024:  Burgan Bank hosted a memorable event specially organized for its staff, in celebration of Kuwait National and Liberation Days. The event held at Burgan Bank’s headquarters featured the first-time exclusive unveiling of the National Day ad that features the song “Beladona Helwa” Produced by Burgan Bank, the celebrated remake is the official title track from the recently reprised “Al-Sindbad Al-Bahri” children’s play. This initiative is a key highlight of Burgan's robust employee engagement program. Commenting on ......read more

Kuwait – Feb 29th, 2023: In a remarkable display of dedication to Kuwait, Ooredoo Kuwait took center stage during the recent celebrations of the nation's 63rd National Day and 33rd Liberation Day. Seamlessly integrating into the festivities, the telecom giant presented a diverse array of impactful initiatives, including collaborative campaigns, educational outreach, and vibrant sponsorships. Ooredoo's commitment to the community was evident through interactive programs and engaging activities catering to all segments of society, emphasizing its dedication to promoting national unity. Key Highlights of Ooredoo Kuwait's National Days Initiatives: 1. "Kuwait Glor ......read more

Kuwait, 28 February 2024: Kuwait International Bank (KIB) is pleased to announce the appointment of Ms. Mona Hamed Mahmoud as the Head of the Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT) and Tax Compliance Department. With a notable track record in financial supervision and compliance, Ms. Mona is poised to bring a wealth of experience and new insights to KIB.   In her new role, Ms. Mona will spearhead the development and management of KIB's AML, CFT and tax compliance strategies, focusing on enhancing the Bank's compliance frameworks and reinforcing its international banking relationships. She will focus on strengthening KIB’s compliance w ......read more

28 February 2024 - The International Air Transport Association (IATA) released its 2023 Annual Safety Report for global aviation. Aviation continues to make progress on safety with several 2023 parameters showing “best-ever” results. There were no hull losses or fatal accidents involving passenger jet aircraft in 2023. However, there was a single fatal accident involving a turboprop aircraft, resulting in 72 fatalities. There were 37 million aircraft movements in 2023 (jet and turboprop), an increase of 17% on the previous year. Report highlights include: The all accident rate was 0.80 per million sectors in 2023 (one accident for every 1.26 million flights), an impro ......read more

Kuwait - The Mobile World Congress (MWC) 2024, held on February 26 in Barcelona, Spain, saw Huawei showcase a lineup of high-end, fashion-forward flagship products that drew significant attention, notably the HUAWEI Mate 60 RS ULTIMATE DESIGN, HUAWEI FreeClip, and HUAWEI WATCH GT 4. Huawei's exhibition space reflected its focus on the user experience through scenario-based zones: ULTIMATE DESIGN, Fashion Forward, XMAGE, Creation of Beauty, and Fitness & Health. These zones demonstrated Huawei's continuous investment in innovation and commitment building rich, personalised and fashion-forward experiences for its global consumers.   "Huawei will continue to cement i ......read more

Feb 27, 2024 – Kuwait City, Kuwait: Ooredoo Kuwait, the leading telecom provider, proudly took the center stage as the sponsor of Bugsha Market, the largest outdoor event in Kuwait. Held at Al Shaheed Park during the National Days Break from February 22nd to February 26th, the market emerged as a vibrant showcase of Kuwait's rich cultural heritage and creative craftsmanship.   Through this strategic sponsorship, Ooredoo Kuwait demonstrated its commitment to supporting cultural events and local crafts, aligning seamlessly with Bugsha’s core values as a sustainable market that prioritizes serving local communities.   The Bugsha Market, operational dai ......read more

Total assets amounted to KD3.62 billion Financing portfolio amounted to KD2.49 billion Depositors' accounts amounted to KD2.12 billion Net profit attributable to shareholders achieved 40% growth Kuwait, 26 February 2024: The Chairman of Kuwait International Bank (KIB) Group, Sheikh Mohammed Jarrah Al-Sabah, announced the Bank’s financial results for the year ending on 31 December 2023, highlighting that KIB achieved a net profit attributable to shareholders of KD 19 million, marking a 40% increase over the last year, with earnings per share (EPS) of 10.28 fils. Meanwhile, total operating income increased by 16% over 2022, reaching approximately KD73 million in 2023. ......read more

Cementing the Bank’s leading position within the Kuwaiti banking sector Kuwait – 27 February 2024: Burgan Bank announced receiving the coveted ‘Quality Recognition Award’ for the year 2023 from J.P. Morgan Chase N.A. in recognition of its consistently high-quality performance. The award acknowledges the advanced standards maintained by the Bank across the complete range of clients’ US Dollar funds transfer operations by the management and staff. Burgan Bank received the award in light of achieving 99.92% straight-through processing (STP) in the MT103 category and 99.99% in the MT202 category of payments, which entitles the Bank to the ‘Elite Quality Re ......read more

21 February 2024: NEW YORK/GENEVA/ROME – In the less than five months that followed the brutal 7 October attacks and the ensuing escalation, tens of thousands of Palestinians – mostly women and children – have been killed and injured in the Gaza Strip. More than three quarters of the population have been forced from their homes, many multiple times, and face severe shortages of food, water, sanitation and healthcare – the basic necessities to survive.    The health system continues to be systematically degraded, with catastrophic consequences. As of 19 February, only 12 out of 36 hospitals with inpatient capacity are still functioning, and only partial ......read more

22 February 2024  – The International Air Transport Association (IATA) is expanding the transmission of its Turbulence Aware data for use within industry-leading aviation solutions by The Weather Company, which serves a majority of North American commercial airlines and many others globally. With this enhancement, participating airlines can now access Eddy Dissipation Rate (EDR) turbulence data directly through Fusion™ and Pilotbrief® tools by The Weather Company. IATA Turbulence Aware will be enabled as an additional data layer within these tools, allowing pilots, dispatchers and flight planners to have needed turbulence observations integrated directly into their missi ......read more

Kuwait, 22 February 2024: Kuwait International Bank (KIB) announced that it will continue to provide its online banking services around the clock during the National and Liberation Day holiday. The Bank aims to meet the needs of its customers, whether inside Kuwait or abroad, during the break. The Bank will be closed for business during the official holiday on Sunday and Monday, 25 and 26 February 2024, and normal working hours will resume on Tuesday, 27 February 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 efficiency and without disruption. The Bank indicated that it ......read more

Kuwait, 21 February 2024: Advanced Technology Company (ATC), the leading distributor of medical devices in Kuwait, partnered with the Southwest Asia and Africa Chapter of the Extracorporeal Life Support Organization (SWAAC ELSO) as the Platinum Sponsor for the organization’s 10th annual conference, hosted in Kuwait for the first time from 15-17 February at the Courtyard Marriott.   The highly-anticipated event, held under the patronage of Health Minister Dr. Ahmad Al-Awadhi, included 120 lectures on the latest developments in extracorporeal life support, also known as extracorporeal membrane oxygenation (ECMO), by 80 intensive care experts from around the world. Kuwait curre ......read more

Kuwait, 21 February 2024: Kuwait International Bank (KIB) announced its participation in the “Digital Innovation in Kuwait’s Banking Sector” conference, which was recently organized by the US Chamber of Commerce’s US-Kuwait Business Council at Four Seasons Kuwait. The Bank’s participation comes as part of its steadfast commitment to keeping pace with the comprehensive nationwide strategy for digital transformation, as well as reinforcing innovation and adopting the latest advancements in the field of financial technology. It serves to note that the conference centered on identifying the opportunities that can be explored within the Kuwaiti banking sector to fort ......read more

Kuwait City, 21st Feb 2024: In alignment with its steadfast commitment to social responsibility and the advancement of education, Ooredoo Kuwait, the pioneering technology and telecom operator, proudly announced its sponsorship of a team of mechanical engineering students from Kuwait University. This sponsorship stands as a testament to Ooredoo Kuwait's dedication to nurturing the talents of young Kuwaitis and making a meaningful contribution to the educational landscape. Moreover, this sponsorship provides Ooredoo with a unique opportunity to engage with the next generation of engineers and innovators, exemplifying the company's commitment to shaping the future of the industry in ......read more

Kuwait – Huawei CBG Kuwait , proudly presented GoPaint, a dynamic global campaign designed to fuel creativity and celebrate the artistry of digital creators. Hosted by Noua Art & Cultural Center, located in Al Hamra Shopping Centre, presented an electrifying atmosphere for the digital art activity, uniting a diverse array of emerging talent for a chance to showcase their skills and win a grand prize of $5,000. From 5 January 2024 to 29 February 2024, participants can showcase their digital art skills in an online activity that embodies Huawei’s commitment to sparking creativity. HUAWEI GoPaint Worldwide Creating Activity is a platform for creatives or anyone who loves to crea ......read more

Kuwait, 19 Feb 2024: In a firm commitment to nurturing young talent and supporting local athletes and sports, Ooredoo Kuwait, the leading telecommunications company, has proudly announced its sponsorship of the Junior Football Tournament held at the Army Officers Club in collaboration with the Ministry of Defense. The Army’s Club Football tournament, tailored specifically for young football enthusiasts, provided an impactful platform for emerging athletes to showcase their skills and passion for the game. This sponsorship marks the beginning of a long-term partnership between Ooredoo Kuwait and the Ministry of Defense, reinforcing the shared values of both organizations. By ......read more

Kuwait, 19 February 2024: Kuwait International Bank (KIB) announced the opening of its new branch in the Sabah Al-Salem area. The branch features a modern and innovative design, and advanced technical specifications that align with the Bank’s new digital transformation strategy, which it is working to implement. This step is part of KIB’s continuous effort to enhance the banking experience for its customers and to maintain proximity to them, wherever they may be. The Bank celebrated the opening of its new branch in the attendance of His Excellency, the Governor of Mubarak Al-Kabeer, Mahmoud Abdulsamad Bushehri, the Vice Chairman and CEO of KIB, Raed Jawad Bukhamseen, and the G ......read more

Reporting KD 222 Million in Revenue and KD 43.5 Million in Net Income Kuwait, 18 February 2024: Burgan Bank (“Burgan” or “the Bank”) announced its financial results for the fiscal year ending December 31, 2023 (FY’23). The Bank capped off a pivotal transformational year with healthy revenue, stable asset levels and a solid capital base. By year-end, Revenue reached KD 222 million, supported by 8% growth in Non-Interest Income to reach KD 87 million, along with a solid Net Interest Income of KD 135 million. The Bank’s operating profit for the year reached KD 106 million. The Bank generated Shareholders Net Income of KD 43.5 million in FY’23, ......read more

Kuwait 19th, 2024: In a resounding celebration of Kuwait's rich cultural tapestry, Ooredoo Kuwait, the leading telecommunications company, proudly announces its pivotal sponsorship and active participation in the recent National Day festivities held at Kuwait University's Shadadiyah campus. Themed "May you always be proud, my country, and may you be the cradle of knowledge," the event garnered an impressive and diverse crowd, bringing together thousands of students and the public to commemorate the National Days of Kuwait. Ooredoo Kuwait took center stage in a remarkable display of commitment to community engagement and cultural enrichment, standing prominently among mor ......read more

As part of its overarching strategy for rewarding the Bank’s loyal customers Kuwait, 17 February 2024 : Stemming from its committed strategy for rewarding its customers, elevating their lifestyle, and supporting them in achieving their aspirations,  Burgan Bank crowned the second winner of the Kanz annual KD1,500,000 draw prize, Ms. Zinab Maylood AlBader, in a celebration that was held at the Burgan head office and attended by the Bank’s top management only. On this occasion, Mr. Nasser Al-Qaisi, General Manager - Retail Banking at Burgan Bank, said: “We are extremely happy for Ms. Zinab Maylood AlBader, and on behalf of Burgan’s top management, I extend ......read more

Kuwait, 15 February 2024: Kuwait International Bank (KIB) recently set up a booth at Murouj to raise banking awareness and promote financial culture among a wide segment of society. The Bank aimed at introducing Murouj visitors to its services, products, and latest promotional offers. This step comes as part of its continuous efforts to support the ‘Let’s Be Aware’(Diraya) financial awareness campaign, which was launched by the Central Bank of Kuwait (CBK) and the Kuwait Banking Association (KBA) in cooperation with local banks. Commenting on the occasion, Yacoub Ashkanani, Area Manager at KIB, said: “The Bank’s employees were keen to introduce the public to ......read more

Kuwait – February 15th , 2024: In the ever-evolving landscape of Kuwait's business development, Ooredoo business stands out as the go-to technological partner, providing a range of digital services and solutions. With a strategic vision to cater to diverse customers spanning various business sectors, the company is on a trajectory of expansion, actively engaging in exhibitions, conferences, and events that are pivotal to business development and groundbreaking projects.   Central to its mission is an unwavering commitment to supporting promotional activities that act as conduits for improved communication among business owners. This dedication is particularly eviden ......read more

In response to the notable rise in fraud attempts and the MOI’s success in thwarting many of them Kuwait, 16 February 2024: In light of the alarming rise in financial fraud and scam attempts in Kuwait and the Ministry of Interior (MOI)’s success in processing 334 reports of fraud, which amounted to a total of KD 592,556 since the inception of the Virtual Fraud Room. Burgan Bank reiterated the urgency for all customers to follow precautionary measures and secure banking practices to avoid falling victim to the ever-evolving schemes of financial fraud. It serves to note that Burgan Bank continues to offer its unwavering support to the MOI’s virtual fraud room (Aman) ......read more

Kuwait, February 5th , 2023 – In a festive celebration aligning with the national days, Ooredoo Kuwait, the leading telecom service provider, has revealed a series of exclusive offers, underscoring its commitment to delivering unparalleled services and enhancing the digital experience for its customers. Dedicated to delivering exceptional services and creating value, these exciting offers are a testament to Ooredoo's mission of keeping customers connected, entertained, and empowered in the digital age. Given the dual significance of the occasion, Ooredoo Kuwait has chosen to spotlight the number "25" in its Hala February promotional campaign. As a token of apprec ......read more

Kuwait, 13 February 2024: Kuwait International Bank (KIB) reported that the value of real estate deals concluded in 2023 reached KD 2,777,583,000, compared to approximately KD 3,937,630,000 in 2022, marking a decrease of 29.46%. Real estate transactions in 2023 experienced fluctuations across various types of properties (apartment, residential, commercial, etc.), due to several factors. The Bank explained that the current investor trend is focused on the apartment and light industrial sectors, in line with the latest decisions made by the State of Kuwait. In this regard, Engineer Hussam Al-Kolak, Real Estate Expert in the Real Estate Department at KIB, said: "Despite the decline i ......read more

Offering customers ‘Buy One, Get One Free’ on movie tickets Burgan Bank announced that it has signed a strategic partnership with VOX Cinemas Kuwait, in line with its efforts to offer its customers an exceptional banking experience rich with advantages and benefits. Under this new partnership, the Bank’s customers of all segments will be entitled to a ‘Buy One, Get One Free’ offer when they book their cinema tickets online using any of their Burgan Bank credit and prepaid cards. Driven by its steadfast commitment to rewarding loyal customers, Burgan continues to seek opportunities to go beyond basic financial services and offer its customers added value ......read more

Al Babtain Group Holding is the exclusive agent for JAECOO cars in Kuwait   JAECOO, the off-road vehicle brand, and Al Babtain Group Holding have signed a memorandum of understanding, marking the establishment of a strategic partnership between the two companies and a significant step towards enhancing JAECOO's presence in the Middle East. Under this agreement, the two companies will unify their efforts and integrate their respective strengths to promote and sell high-quality JAECOO off-road vehicles in Kuwait, aiming to provide an excellent service experience for their customers. As a leading group with a rich history, Abdulmohsen Abdulaziz Albabtain Co. has been operating in ......read more

The best account of its kind in Kuwait for offering the highest monthly expected returns and cash prize draws  Kuwait, 11 February 2024: Kuwait International Bank (KIB) announced the names of the winners in Al Dirwaza account monthly draw, based on customers’ January deposits. The draw was held in the presence of representatives from the Ministry of Commerce and Industry, as well as representatives from the Bank. In this draw, Al Shaikha Wafaa Oqab Malek Alsabah won KD 10,000, whilst the KD 1,000 prize was awarded to 10 winners in total: Munthasar Theriath Majeed, Ahmed Abdullah Saleh Mohammed, Laila Abbas Ahmad Alsairafi, Faisal Ibrahim Abdulaziz Alrumaih, Huda Naser Hajji ......read more

Kuwait, 12 February 2024: Kuwait International Bank (KIB) announced the launch of a special promotion for all its credit and prepaid cardholders, including Visa Classic, Gold, Platinum, Signature, Infinite, and Prepaid cardholders. The promotion comes in celebration of Kuwait’s National and Liberation Day, where the Bank will reward its Visa cardholders by offering them a chance to win valuable cash prizes with a total value of up to KD 8,000, when they are using their KIB Visa cards both inside and outside Kuwait during the month of February.   During the promotion period, from February 1 to February 29, 2024, two winners will be awarded a cash prize of KD 1,000 each, in ad ......read more

Kuwait - There has never been a better time to buy a new pair of wireless earbuds. Do you know why? Huawei has just made a breakthrough in wireless audio. The recently launched premium wireless earphones, the HUAWEI FreeBuds Pro 3, bring new groundbreaking innovations in sound quality and several other improvements that make the overall experience stellar. One of the limiting factors in earbuds’ sound quality is their small size, which makes it challenging to fit speakers that produce high-fidelity sound. But the new FreeBuds Pro 3 solve that with its dual driver system. The call quality is another area that has seen a massive improvement, with the new earbuds offering a 2.5x improveme ......read more

This Action is a Bellwether of Whether there is a True Rule of Law for Those Who Invest in Iraq KUWAIT – February 10, 2024 — Three years ago, an international arbitration tribunal constituted under the auspices of the International Centre for the Settlement of Investment Disputes (ICSID) denied claims filed by Agility that Iraqi officials had expropriated more than $380 million invested by Agility in an Iraqi telecom company. On Thursday (8 February 2024), an annulment committee of ICSID upheld Agility's challenge to the original award and partially annulled it. The annulment committee agreed with Agility that the original Tribunal had erroneously shielded Iraq's actio ......read more

Oman, 12th February 2024 – XS.com, the global FinTech and financial services provider for online trading and investing, proudly announces its global sponsorship for the eagerly awaited “Oman Smart Vision” Summit, set to unfold on February 14th and 15th at the esteemed “Sheraton Oman” Hotel in Muscat, Oman. Hosted by “Smart Vision” company, this event is a significant gathering for industry leaders, innovators, and visionaries from the MENA region and beyond. Set against the vibrant backdrop of Muscat, strategically located at the crossroads of international trade routes, the summit promises an engaging platform filled with insightful discussions ......read more

Dr. Shahrur: the award reflects the success of its transformation process Kuwait, 10 February 2024: ABK Capital, the investment arm of Al Ahli Bank of Kuwait (ABK), has been recognized as the "Fastest Growing Asset Manager in Kuwait 2023”, by Global Business Outlook magazine, which relies on high standards by a specialized committee of experts. On this occasion, Dr. Husayn Shahrur, CEO of ABK Capital, said: ‘we are extremely pleased with this achievement, which reflects the success of the company transformation, including investment in human capital and expertise, enriching of customer experience through a distinctive investment solutions platform, and development of t ......read more

The 789-bed hospital is now in the final stages of construction Kuwait – 10  February, 2024 – As part of her continuous visits to the Ministry’s various ongoing projects, Her Excellency Dr. Nora Mohammad Al-Mashaan, Minister of Public Works and Minister of State for Municipal Affairs, made an official visit earlier this week to the almost-completed New Maternity Hospital Project. Considered one of the largest healthcare projects in the region, the 789-bed mega project is nearing completion and is set to be handed over soon. The visit saw the Minister tour the numerous state-of-the-art facilities, including the inpatient and labour delivery rooms, the laboratories ......read more

The international award solidifies the Bank’s leading position across the MENA region   Kuwait, 10 February 2024: Kuwait International Bank (KIB) is delighted to announce that it has won the “Best Banking Vision – MENA 2023” award from Capital Finance International (CFI.co) magazine, affirming the Bank’s long-running winning streak in this category. This esteemed award, which has been presented to KIB for the third consecutive year, underscores the Bank's unwavering dedication to shaping the future of Islamic banking with adaptive strategies and innovative solutions. Demonstrating exceptional foresight and a clear vision for the ever-evolving ......read more

As part of its multi-faceted National Day celebrations and continued support of Kuwait’s cultural sector Kuwait, 10 February 2024: In celebration of Kuwait National Day, Burgan Bank announced that it is reviving an icon of classic Kuwaiti culture and a cross-generational favorite, “Al-Sindbad Al-Bahri”, which was presented throughout the years by some of Kuwait’s finest artists, including the esteemed Abdulrahman Al Aql, Istiqlal Ahmad, Khaled Al Obaid, Huda Hussein, Raja Mohammed, Mohammed Al Saree’, and Mohammad Al Mesbah. The modern remake of the 1978 children’s play is set to take place between February 13 and 20 at Dasma Theatre, with an audie ......read more

Kuwait,7 February 2024: Burgan Bank recently concluded the month-long ‘Rock Your Habits’ well-being program and challenge, which the Bank hosted at its head office as part of its mission to be an employer of choice and its comprehensive approach to human capital development. The program aimed to raise awareness about healthy living among the Bank’s staff and encourage them to take small steps toward replacing unhealthy habits with healthier ones that lead to elevating their physical, mental, and emotional well-being. Throughout the four weeks of the program, 140 Burgan employees took part in a wide range of challenges, workshops, engaging activities, as well as on ......read more

Kuwait, 7 February 2024: Kuwait International Bank (KIB) announced that it will continue to provide its online banking services around the clock during the Israa’ and Mi’raj holiday. The Bank aims to meet the needs of its customers, whether inside Kuwait or abroad, during the break. The Bank will be closed for business during the official holiday on Thursday, 8 February 2024, and normal working hours will resume on Sunday, 11 February 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 efficiency and without disruption. The Bank indicated that it will continue to ......read more

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