Kuwait 19 May 2025: Kuwait International Bank (KIB), represented by its Real Estate Department, announced the delivery of its fourth specialized workshop on the fundamentals of investment and real estate appraisal at Kuwait University. The workshop is part of a series of training activities organized by the Bank in collaboration with the College of Business Administration at Kuwait University, under the framework of a joint collaboration between the two parties.
This initiative falls under the Bank’s comprehensive Corporate Social Responsibility (CSR) program, which emphasizes support for education, the transfer of practical knowledge, and the expansion of collaboration with academic institutions. It also reflects the Bank’s commitment to upholding Environmental, Social, and Governance (ESG) principles, reinforcing its active role in community development.
The workshop featured the participation of KIB’s Executive Manager of the Real Estate Appraisal Department, Eng. Ali Al-Shakhs, and Real Estate Expert at the Real Estate Department, Eng. Hossam Al-Kolak. The workshop was also attended by several university faculty members and a group of students from Kuwait University.
Commenting on the workshop, Al-Shakhs stated: “The organization of these workshops reflects the Bank’s commitment to supporting the development of qualified national talent with advanced skills that align with the needs of the real estate market.” He added: “The Bank will continue to launch more educational and training initiatives with Kuwait University, which aim to integrate practical experience into the university’s academic curriculum.”
Al-Shakhs added: “Our participation in these initiatives reflects KIB’s longstanding position as a specialized institution in real estate appraisal and finance since its inception. Through this workshop, the Real Estate Department aimed to provide a comprehensive educational program covering all key aspects of real estate appraisal and investment, including international appraisal standards and the core factors influencing appraisals, such as the cost approach, the income capitalization approach, and the market sales comparison approach.”
Emphasizing that the workshops offer a valuable opportunity to engage directly with students and share knowledge and expertise that enrich their academic journey, Al-Shakhs also noted that such initiatives reaffirm the Bank’s commitment to its comprehensive CSR strategy, which embraces the application of ESG principles.
It is worth noting that the Real Estate Department at KIB provides integrated real estate services, backed by extensive and pioneering experience in the field since the Bank’s establishment. It is also recognized as a trusted reference for leading government entities, banking institutions, as well as investment and real estate companies in Kuwait.
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