KuwaitPR.com, Online Press Release from Kuwait
Kuwait, 13th June 2024: Reaffirming its role as a leader in corporate citizenship, tech pioneer, talabat, recently partnered with non-profit organization for community empowerment, LOYAC, to support the "Farhat Al-Eid" initiative. This effort, part of talabat’s community engagement program, aimed to celebrate Eid Al-Adha with n... ... Read more
Al Mulla Engineering wins award for outstanding efforts in helping their customers to decarbonize its operations over the past year The award is part of Schneider Electric's ongoing initiative to empower its partners, customers and suppliers to become more sustainable Al Mulla Engineering has over 65 years of experience operating in KuwaitKuwa... ... Read more
Join Max Fashion as it celebrates 20 years of style and affordability with the launch of its exquisite Eid collection. This stunning range blends traditional and contemporary designs, perfect for embracing the spirit of togetherness and reflection during Eid. Discover elegant kaftans, vibrant jewel-toned dresses, and sophisticated outfits for men, ... ... Read more
Reflecting the strength of the Burgan brand, its solid profitability, the quality of its assets, and its enhanced capital buffers Kuwait, 13 June 2024: Burgan Bank announced that Moody’s Ratings (Moody’s) has affirmed its long-term local and foreign currency bank deposit ratings at “Baa1” with a stable outlook and its s... ... Read more
[Kuwait, 27th May 2024] Dedicated to supporting its local community year-round during travel seasons, especially on significant occasions like the Hajj pilgrimage to Mecca, Saudi Arabia, Ooredoo Kuwait, leader in integrated and innovative telecommunications, announced its special roaming offers, purposely launched for the Hajj pilgrims. From June 1... ... Read more
Kuwait, 12 June 2024: Kuwait International Bank (KIB) continues to play a pivotal role in the “Let’s Be Aware” (Diraya) national campaign for the fourth consecutive year, remaining focused on raising the banking safety awareness of its customers and members of the community. As part of its steadfast efforts in this regard, the Ban... ... Read more
The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returnsKuwait, 11 June 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 line with its dedicated technology and digital transformation strategyKuwait, 12 June 2024: Burgan Bank recently participated in the one-day digital transformation conference hosted by Oracle, titled “Navigating Digital Transformation: Oracle’s Blueprint for Data and Application Platforms Excellence and Security”. The Bank... ... Read more
Kuwait, 10 June 2024: As a constant supporter of Kuwait’s youth and their comprehensive development, Kuwait International Bank (KIB) concluded its sponsorship of Sard’s debut event, Student Speaker Series, which took place at Promenade Mall’s Soapbox. The event saw a high turnout of participants who benefited from the speakers&rsq... ... Read more
[Kuwait, 9  June 2024] In a bid to enhance the well-being of delivery riders, talabat, the leading technology company, has launched the “Make a Wish '' campaign this May. This innovative initiative, part of talabat’s social responsibility program, aims to fulfill the personal wishes of riders, showing gratitude for their de... ... Read more
Kuwait, 1 June 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-Adha. 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 sa... ... 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
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
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


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Kuwait 24th June 2024: In a move reflecting its commitment to supporting the youth community, Ooredoo Kuwait celebrated the achievements of the country's top high school students by showcasing their photos on the screens of its headquarters. This tribute, honoring the outstanding performance of students in the 2023/2024 academic year, highlighted their impressive academic achievements and supported the nation's educational journey. The unique display acknowledged the students' dedication, hard work, and determination to excel throughout the year. It also served as a message of encouragement and motivation for other students to strive for similar successes. Naser Al-Abdullah ......read more

Under the umbrella of its committed digital transformation strategy Kuwait, 25 June 2024: Burgan Bank announced adopting the GCC real-time payments system AFAQ, becoming one of the earliest Kuwaiti banks to join the cross-border platform, in line with the Central Bank of Kuwait’s (CBK) plans to keep pace with the latest developments in financial technology (FinTech). Plugging into the AFAQ system comes as part of the Bank’s committed digital transformation strategy, which aims to enhance its customers’ banking experience and add unprecedented convenience, safety, and speed to their everyday transactions and banking operations. Burgan customers can now utilize the AF ......read more

Kuwait - June 23, 2024: As part of its commitment to engaging with all segments of the community, Burger King places greater emphasis on children as the future generation, aiming to support their lives with more interactive experiences and activities that bring them joy and unleash their creative energy. Thus, Burger King developed a new interactive initiative through its JR Club kids' app, which included inviting and sponsoring a group of children to visit the Sheikh Abdullah Al Salem Cultural Center and get a close-up look at the fascinating dinosaur world that sparks amazement and curiosity in young minds. This initiative came to enhance the spirit of optimism and fun among the chi ......read more

Kuwait, 23 June 2024: As part of its ongoing efforts to encourage its staff and invest in its outstanding talents, Kuwait International Bank’s (KIB) Retail Banking Department (RBD) organized its quarterly Excellence Recognition event during which the top-performing employees for the first quarter of 2024 were announced and rewarded. This celebration, which took place at the Bank’s head office, reflects KIB’s commitment to acknowledging its high-potential talents and encouraging them to take active steps toward further development, with the full support of the Bank in the form of resources, training material, and other growth opportunities. In this regard, Mohammed Dashti ......read more

Kuwait, 22 June 2024: Kuwait International Bank (KIB) announced the conclusion of its participation in the Bonds, Loans & Sukuk Middle East 2024 Conference, the largest banking and investment event in the region. The Bank’s participation reaffirms its leading position among financial and banking institutions that actively contribute to decision-making and create an environment conducive to development and growth in all economic fields. The event, held at the Madinat Jumeirah Conference Center in Dubai, was attended by a group of KIB’s representatives, including the General Manager of the Treasury Department, Mohammed Al-Duwailah, the Executive Manager of the Treasury Departme ......read more

The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 20 June 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’ May 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 Ahmed Salem Faraj Alyan, Mashael Salman Khalaf Rashed, Ebraheem Abdullah Mohammad Al Saffar, Ahmed Fawzi ......read more

Ajmal Perfumes launches Eau D’Oud, a luxurious new fragrance that blends fresh citrus, floral, spicy, and rich oud notes, creating an unforgettable aromatic experience. 20th June 2024, Dubai, United Arab Emirates: Ajmal Perfumes, the seven-decade-old perfume connoisseur, unveils its newest marvel, Eau D’Oud, a fragrance that redefines the definition of luxury and elegance. Crafted for those with a penchant for grandeur, Eau D’Oud is an intoxicating scent that dazzles the senses and leaves an enduring impression. At the heart of Eau D’Oud is a blend of exquisite ingredients, creating a unique experience. It starts with a burst of vibrant freshness as Bergamot and ......read more

Kuwait, 19 June 2024: Kuwait International Bank (KIB) has announced the draw winners of its new ‘Win with KIB Rewards’ campaign for the month of May. Running monthly until the end of the year, the campaign aims to reward customers who use KIB’s Banking App to open an Al Dirwaza account, issue a Multicurrency prepaid card, or open a deposit investment of any kind. The first batch of winners who won up to 15,000 reward points each are Jassim Tarakmah, Afnan Mohammad, Moudhi Aldosari, Abdulaziz Alkteety, Mohamed Abdelrahman, Fahad Alduaij, Maha Alkharraz, Abdullah Alshammari, Imran Hassan, and Ali Almutawaa. Commenting on the occasion, Nawaf Al-Khrayef, Assistant General Ma ......read more

Kuwait, 18 June 2024: Kuwait International Bank (KIB) recently sponsored and took part in the International Arab Banking Summit “Istanbul 2024”, which was organized by the Union of Arab Banks (UAB) in collaboration with the Central Bank of Turkey and the Banks Association of Turkey. Held under the auspices of the President of Turkey, H.E. Mr. Recep Tayyip Erdoğan, the event gathered key stakeholders from governments and the banking and financial world to explore avenues for bolstering cooperation and unlocking the full potential of the Arab-Turkish economic relations.    Ma’ab Mohammed Al Qassem, General Manager of the International Banking and Financial I ......read more

Al Mulla Engineering wins award for outstanding efforts in helping their customers to decarbonize its operations over the past year The award is part of Schneider Electric's ongoing initiative to empower its partners, customers and suppliers to become more sustainable Al Mulla Engineering has over 65 years of experience operating in Kuwait Kuwait, June 9th, 2024 – Schneider Electric, the leader in digital transformation of energy management and automation, has announced that Bader Al Mulla & Bros. Co.  (Al Mulla Engineering), a member of Al Mulla Group and the largest Mechanical, Electrical, and Plumbing (MEP) construction services contractor, is a winner of th ......read more

Kuwait, 13th June 2024: Reaffirming its role as a leader in corporate citizenship, tech pioneer, talabat, recently partnered with non-profit organization for community empowerment, LOYAC, to support the "Farhat Al-Eid" initiative. This effort, part of talabat’s community engagement program, aimed to celebrate Eid Al-Adha with needy families in Kuwait by providing Eid clothes for their children. Volunteers from LOYAC and talabat’s employees took 125 children on a fun shopping spree at a major department store in Kuwait, for children to buy new Eid garments of their choice. talabat and LOYAC’s "Farhat Al-Eid" initiative seeks to alleviate the finan ......read more

Kuwait, 13 June 2024: Kuwait International Bank (KIB) announced that it will continue to provide its online banking services around the clock during Arafat Day and Eid Al-Adha holiday for the Hijri year 1445. The Bank aims to meet the needs of its customers, whether inside Kuwait or abroad, during the holiday break. The Bank will be officially closed starting Sunday, 16 June 2024 till Tuesday, 18 June 2024. Saturday, 15 June 2024 will be an official holiday on the occasion of Arafat Day, while Sunday, Monday and Tuesday will be official Eid Al-Adha holidays. The Bank’s working hours will resume on Wednesday, 19 June 2024. KIB highlighted its commitment to serving its customers an ......read more

Join Max Fashion as it celebrates 20 years of style and affordability with the launch of its exquisite Eid collection. This stunning range blends traditional and contemporary designs, perfect for embracing the spirit of togetherness and reflection during Eid. Discover elegant kaftans, vibrant jewel-toned dresses, and sophisticated outfits for men, alongside adorable lace dresses and smart casual sets for children. Each piece is meticulously crafted to ensure comfort and style for the whole family. Elevate your festive wardrobe with these trendy and affordable pieces, available at Max Fashion stores and online. Experience the joy of Eid in style with Max Fashion’s latest collection and ......read more

Reflecting the strength of the Burgan brand, its solid profitability, the quality of its assets, and its enhanced capital buffers Kuwait, 13 June 2024: Burgan Bank announced that Moody’s Ratings (Moody’s) has affirmed its long-term local and foreign currency bank deposit ratings at “Baa1” with a stable outlook and its short-term local and foreign currency bank deposit ratings at “P-2”. Meanwhile, the global credit rating agency affirmed the Baseline Credit Assessment (BCA) and Adjusted BCA at “ba2”, the long-term local and foreign currency Counterparty Risk Ratings at “A3”, the long-term Counterparty Risk Assessment at & ......read more

[Kuwait, 27th May 2024] Dedicated to supporting its local community year-round during travel seasons, especially on significant occasions like the Hajj pilgrimage to Mecca, Saudi Arabia, Ooredoo Kuwait, leader in integrated and innovative telecommunications, announced its special roaming offers, purposely launched for the Hajj pilgrims. From June 1 to June 15, 2024, customers heading to the Saudi Kingdom can triple their current internet quota, ensuring seamless and uninterrupted connectivity during their pilgrimage. To provide the best roaming experience, customers can also enjoy the Ooredoo Passport bundle, priced at KD 12, offering them 40 GB of roaming data with 10 days validity. Th ......read more

Kuwait, 12 June 2024: Kuwait International Bank (KIB) continues to play a pivotal role in the “Let’s Be Aware” (Diraya) national campaign for the fourth consecutive year, remaining focused on raising the banking safety awareness of its customers and members of the community. As part of its steadfast efforts in this regard, the Bank is set on enabling stress-free international travel through its comprehensive financial literacy and security initiative, designed to arm customers with the necessary knowledge and tools for a seamless travel experience. KIB’s unwavering support for the Diraya campaign, which was launched by the Central Bank of Kuwait (CBK) and the Kuwait B ......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, 11 June 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’ May 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 Abdullah Faleh Abdullah Almutairi, Estabraq Haidar Ali Haidar, Mohammad Sabeer Basheer, Mohammed Abdelmo ......read more

In line with its dedicated technology and digital transformation strategy Kuwait, 12 June 2024: Burgan Bank recently participated in the one-day digital transformation conference hosted by Oracle, titled “Navigating Digital Transformation: Oracle’s Blueprint for Data and Application Platforms Excellence and Security”. The Bank was represented by Mr. Barrak Al-Mattar, General Manager – Information Technology, who took part alongside 61 market leaders and decision-makers in the public and private sectors, whose efforts and contributions continue to shape the digital transformation journey of Kuwait. Burgan’s participation stems from its expansive technolog ......read more

Kuwait, 10 June 2024: As a constant supporter of Kuwait’s youth and their comprehensive development, Kuwait International Bank (KIB) concluded its sponsorship of Sard’s debut event, Student Speaker Series, which took place at Promenade Mall’s Soapbox. The event saw a high turnout of participants who benefited from the speakers’ insightful journeys and experiences as well as connected with like-minded youth. The sponsorship of Sard’s event is the latest of KIB’s social responsibility efforts, which aim to support and develop members of the Bank’s community on various fronts. Commenting on the sponsorship, Abdulaziz Althawab, Assistant Manager of Ma ......read more

Cementing its active role in expanding investments and bolstering economies across the region Kuwait, 11 June 2024: As part of its efforts to play an active role in shaping the regional investments market, Burgan Bank recently attended the Middle East's largest corporate and investment banking event, Bonds, Loans & Sukuk Middle East 2024, as a silver sponsor and participant. The two-day event, which recently took place in Dubai, saw the participation of more than 1,400 representatives of governments, corporates, investors, banks, law firms, regulators, and service providers, including 80% of all regional issuers in 2023/2024. Burgan Bank’s sponsorship of and participati ......read more

[Kuwait, 9th June 2024] As part of its ongoing strategy to keep customers closely informed on its latest solutions, Ooredoo Business, leading integrated telecommunications provider, recently held a virtual workshop in collaboration with Intellaworld, leading insights and visibility provider in the region. This workshop was dedicated to Ooredoo business’ corporate customers, aiming to broaden their understanding of the company’s advanced call center management solutions provided to businesses. By collaborating with Intellaworld, Ooredoo business’ virtual workshop introduced corporate customers to the innovative call center management solutions, including an AI-supporte ......read more

[Kuwait, 9  June 2024] In a bid to enhance the well-being of delivery riders, talabat, the leading technology company, has launched the “Make a Wish '' campaign this May. This innovative initiative, part of talabat’s social responsibility program, aims to fulfill the personal wishes of riders, showing gratitude for their dedication and hard work. Commenting on the campaign, Abdullah Al Mansour, Director of Communications, Public Affairs, and Corporate Responsibility at talabat Kuwait, said: “Our success is deeply rooted in the efforts and dedication of 3rd party delivery riders. Through the “Make a Wish” campaign, we seek to express our profound ......read more

Kuwait, 10 June 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: •           MOHAMED MEDHAT SWEFI •           ABDULLAH MOHAMMAD QABAZARD •           RAMI SELIM ALBARAKI •           MUNIRA MAJID ALHAZA •           RASHED HUMOUD HAMADAH •           MAHER HASHIM ISMAIL •           HUMOUD AYED ALSULAIMANI •           EMAN MOHAMMAD ALMUHANNA •           ZAHRA SAYED ZAREE ......read more

[Kuwait, 8th June 2024] Telecommunications leader, Ooredoo Kuwait, is once again taking the lead in promoting environmental sustainability, commemorating World Environment Day with a new campaign - dedicated to supporting local agricultural businesses and highlighting their contribution to society and the environment. This campaign underscores the importance of sustainable agriculture and the benefits of prioritizing locally produced goods. As part of its social responsibility agenda, Ooredoo is committed to advancing the economy and improving environmental health, aligning with its overarching vision for sustainability. Timed to coincide with World Environment Day, Ooredoo’s cam ......read more

The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 6 June 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’ May deposits, recently took place in the presence of representatives from the Ministry of Commerce and Industry, as well as representatives from the Bank. Hamdi Alfatihi Basyoni Sadiq and Shaikhah Khaled Mohammad Alholi were named the lucky winners in the monthly draw, with ea ......read more

Latest Hunger Hotspots report urges immediate action to prevent famine and warns of La Niña-linked climate extremes ROME – Acute food insecurity is set to increase in magnitude and severity in 18 hunger “Hotspots”, a new United Nations early warning report has revealed today. The report spotlights the urgent need of assistance to prevent famine in Gaza and the Sudan, and further deterioration in the devastating hunger crises in Haiti, Mali, and South Sudan. It also warns of the lingering impact of El Niño and the looming threat of La Niña that risks bringing further climate extremes that could upend lives and livelihoods. The report found that ......read more

Pretoria, 5 June 2024 - More than 30 million people across Southern Africa have been affected by a severe drought. Millions could be pushed into acute hunger unless support is urgently mobilized to scale before the next lean season, warn the United Nations (UN) and partners. The joint call was made today by the UN, NGOs, regional and national authorities, humanitarian and development partners during a briefing on the emergency in Southern Africa, held in Pretoria, South Africa, to highlight the severe impacts of El Niño and the climate-driven crisis. This joint call follows the recent extraordinary summit by The Southern African Development Community (SADC) that saw the launch o ......read more

Confirming its dedication to the development of Kuwait’s top national calibers Kuwait, 5 June 2024: In line with its human capital development strategy, Burgan Bank recently welcomed Mr. Mishary Al-Essa as its newly appointed Deputy General Manager of Investments. This follows a series of highly valuable talent acquisitions, which centered on attracting the most ambitious and talented national calibers across Kuwait’s banking and finance market, further cementing Burgan’s commitment to the nationwide Kuwaitization strategy. “Burgan Bank’s current success is the sum of experiences and skills that every employee brings to the table,” said Mr. Fade ......read more

Kuwait, 3 June 2024: Kuwait International Bank (KIB), in partnership with Visa, announced the launch of its highly anticipated Summer Card Campaign to reward its Visa Credit and Prepaid Cardholders. The campaign will be running throughout the entire summer season between June and August, offering eligible participants the chance to enter monthly draws and double their Cashback Points when using their cards both locally and internationally. This means that for every purchase made, cardholders will have a chance to win and receive twice the usual Cashback amount, effectively doubling their rewards this summer. The prize amount will be equal to the Cashback earned during the draw spending perio ......read more

[Kuwait, 3rd June 2024] Committed to championing youth and women empowerment through impactful initiatives as part of its corporate citizenship efforts, telecommunications leader, Ooredoo Kuwait, proudly announces its support for the Young Women Leadership Initiative, organized by Alnowair, a non-profit organization dedicated to fostering positive behavioral change in Kuwaiti society. As part of that support, Ooredoo Kuwait sponsored the final workshop of the Young Women Leadership Initiative for AUK female students. Hosted at the American University of Kuwait for young Kuwaiti women, Alnowair's intensive capacity-building workshop ran for nine days,  with a series of daily train ......read more

[Kuwait, 2nd June 2024] Telecommunications and information technology leader, Ooredoo Kuwait, celebrated the extraordinary success of the Australian University in Kuwait (AUK)’s students who secured third place in the Huawei World Championship for Information and Communications Technology (Huawei ICT - 2023/2024). To honor their victory, Ooredoo Tower  was adorned with the winners' images and names, commemorating this significant achievement with snapshots of their success at the awards ceremony held in Shenzhen, China, on May 26., Ooredoo Tower Proud of their significant accomplishment, Ooredoo Kuwait also organized a dedicated visit to AUK, honoring the students in front ......read more

02 June 2024 (Dubai) – The International Air Transport Association (IATA) announced that it will establish the SAF Registry (Registry) to accelerate the uptake of Sustainable Aviation Fuels (SAF) by authoritatively accounting and reporting emissions reductions from SAF. Seventeen airlines, one airline group, six national authorities, three Original Equipment Manufacturers (OEMs), and one fuel producer are already supporting the effort to develop the Registry. The Registry is expected to launch in the first quarter of 2025. SAF is expected to account for up to 65% of the total carbon mitigation needed to achieve net zero carbon emissions in air transportation by 2050. "SAF is ke ......read more

Kuwait, 2 June 2024: Kuwait International Bank (KIB) recently showcased the exclusive benefits of its Visa Infinite credit card, marking the beginning of an exciting season of travel and shopping. These benefits come as part of the Bank’s strategy for rewarding its loyal customers. In adherence to KIB’s slogan, “Bank for Life”, the campaign adds to the Bank’s continuous efforts to provide customers with all the banking products and services that satisfy their daily needs, suit their modern lifestyles, and ultimately elevate their overall banking experience. On this occasion, Khalid Al Hulaibi, Segments Manager at KIB, said: “Our special benefits, specia ......read more

In an effort to meet the market’s diverse needs and spread vital financial literacy Kuwait, 3 June 2024: In continued efforts to address the different market segments’ needs, Burgan Bank recently announced the launch of its revamped and upgraded Youth interest-bearing savings account, designed around the evolving lifestyles and aspirations of Kuwaiti high school and university students, aged 15 to 25. The launch of the all-new Youth account is a testament to Burgan’s unwavering commitment to serving all groups of its community through tailoring and developing innovative products and services to meet their ever-changing needs. “Today’s youth are tomorr ......read more

In a bid to offer its private banking clients unique and memorable experiences Kuwait, 2 June 2024: In line with its comprehensive social responsibility strategy and its unwavering commitment to offering its private banking clients an all-around exceptional experience, Burgan Bank concluded its sponsorship of the two-day musical theatre performance, “Umm Kulthum with Marwa Nagy”, in partnership with the National Creative Industries Group (NCIG). The show, which took place at the Sheikh Jaber Al-Ahmed Cultural Centre, was met with widescale success, selling up to 1700 tickets per day, including exclusive invitations for Burgan Bank’s private banking clients. The Bank&rs ......read more

Kuwait, 1 June 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-Adha. 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 convenient and rewarding banking experience. The initiative also comes under KIB’s expansive social responsibility program. ......read more

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

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