KuwaitPR.com, Online Press Release from Kuwait
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Kuwait Steel Digitally Transforms with SAP to Boost Manufacturing Growth

28 September 2020:  One of Kuwait’s largest manufacturers, Kuwait Steel (United Steel Industrial Company), has said that its digital transformation with global technology company SAP is enabling new levels of manufacturing efficiency and productivity.   Johan Henning, CIO, Kuwait Steel and SAP made the statement during the recent Digital Transformation (DX) event, which brought together Kuwait’s business and technology leaders.   “Kuwait Steel shows how business redesign, digital transformation is supporting the company to achieve its vision in becoming a leader in the steel industry by investing in technology and driving change,” said Andy Froemmel, Managing Director, SAP Kuwait. “Kuwait’s Vision 2035 presents major opportunities for government agencies to use e-services to improve ......read more

'Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw'

Kuwait – September 27, 2020:  Burgan Bank announced today the names of the daily draw winners of its Yawmi account draw, each taking home a cash-prize of KD 5,000.     The lucky winners are:  1. MOHAMMAD ABDULLAH ALI  2. SAMAR AZIZIBORODIRDI 3. HOWAIDA MUBAREK LAFI ALHADYA 4. BASHAR MOHSEN ABDULREDHA AWADH 5. ENTESAR ALI HASAN AL MOUSA     In addition to the daily draw, Burgan Bank also offers a Quarterly Draw with more chances to win higher rewards, offering the chance to one lucky customer to win KD 125,000 every three months. The Yawmi Account offers Daily and Quarterly Draws, wherein the Quarterly Draw requires customers to maintain a minimum amount of KD 500 in their account for two months prior to the draw date. Additionally, every KD 10 in the account ......read more

Burgan Bank Announces its Special Monthly ‘Mega Hit' Offer on “Samsung Galaxy S20 Ultra” From “Best Al-Yousifi”

Kuwait – 24 September, 2020:  Burgan Bank’s prepaid and credit cardholders are encouraged to benefit from the exclusive monthly ‘Mega Hit Offer’ through its partnership with the leading electronics store in Kuwait, ‘Best Al-Yousifi’. The bank’s valued customers will be given the chance to purchase the latest “Samsung Galaxy S20 Ultra” for a bargain price on 24 September 2020. The offer provides limited quantities of the highly demanded smart phone, and is valid for 24 hours only. Customers can benefit from the ‘Mega’ offer while making purchases only through "Best Al-Yousifi" website or the mobile application.  As the only bank in the market to provide this special offer, the selected product’s price can also be viewed on Burgan ......read more

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw'''

Kuwait – September 20, 2020:  Burgan Bank announced today the names of the daily draw winners of its Yawmi account draw, each taking home a cash-prize of KD 5,000.   The lucky winners are:  1. SAUD MOHAMMED SAUD ALHUMAIDAN 2. MANAL MOHAMMAD SARHAN 3. MOHAMMAD ABDULLAH ALI 4. FAISAL FALEH AYED ALSUBAIEI 5. MOHAMMAD AYED ALSULUBI   In addition to the daily draw, Burgan Bank also offers a Quarterly Draw with more chances to win higher rewards, offering the chance to one lucky customer to win KD 125,000 every three months. The Yawmi Account offers Daily and Quarterly Draws, wherein the Quarterly Draw requires customers to maintain a minimum amount of KD 500 in their account for two months prior to the draw date. Additionally, every KD 10 in the account will entitle customers to one chance ......read more

Burgan Bank Rewards its Customers with the Highest Assured Cash Back of 5% When Using Visa Signature Credit Card

Kuwait – 20 September 2020:  Burgan Bank continues to reward its customers with the best exclusive offers that suits their daily lifestyle. The Bank recently announced the latest offer for Visa Signature credit cardholders, giving an assured cashback of 5% on all spends, up to 300 KD monthly. The offer is available during the period of 20 September until 20 December 2020.  Visa Signature from Burgan Bank provides many benefits and rewards, especially for travel and shopping lovers as it provides all the convenience to its customers. Card holders can enjoy free issuance fees for the first year and annual reduced fee to KD 75. Additionally, Burgan Bank Visa Signature Credit cardholders are entitled to “Best of Burgan” monthly offers and the “Mega sale” while making purchases through "Best ......read more

Shamal Az-Zour Al-Oula Power and Water Company's Shareholders Approve Board's Recommendation to Issue Cash Dividends Distribution of 25 Fils per Share for 2019 Kuwait, September 1

Kuwait, September 17, 2020:  Shamal Az-Zour Al-Oula Power and Water Company K.S.C.P. today held its 6th Annual General Meeting. Shareholders approved the Board of Directors’ recommendation to distribute cash dividends of 25 fils per share, totalling a KWD 27.5 million payout. This is the company’s first dividend issuance and relates to the retained earnings and profit for the period from 2017 to 2019. Shareholders also approved the transfer of 10% to the statutory reserve in the total amount of KWD 1,311,849 (representing KWD 1,230,123 reflected in the financial statements in addition to an additional adjustment amount of KWD 81,726 relating to prior years). Shareholders discussed Board compensation, and approved the Board’s recommendation to not remunerate Board members for the fiscal year ended on 31 December, ......read more

'Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw''

Kuwait – September 14, 2020:  Burgan Bank announced today the names of the daily draw winners of its Yawmi account draw, each taking home a cash-prize of KD 5,000.   The lucky winners are:  1. LAFI SALEH OBAID ESSA 2. SUAD SHEHAB AHMAD ALNEAMAH 3. FOUZ ADEEB MOHAMMAD OMAR SARI 4. ABDULLAH EISSA ABDULLAH KAKOULI 5. HANADI ADNAN TURKY ALENEZI   In addition to the daily draw, Burgan Bank also offers a Quarterly Draw with more chances to win higher rewards, offering the chance to one lucky customer to win KD 125,000 every three months. The Yawmi Account offers Daily and Quarterly Draws, wherein the Quarterly Draw requires customers to maintain a minimum amount of KD 500 in their account for two months prior to the draw date. Additionally, every KD 10 in the account will entitle customers ......read more

Ogilvy Becomes First Agency Brand to Reach 1 Million Followers on LinkedIn

September 10, 2020:  Ogilvy has become the first agency brand to reach an impressive social media milestone: one million followers on LinkedIn.    LinkedIn has become the social destination for business, employment, and company culture content. Ogilvy’s global social and thought leadership strategy is a natural fit with LinkedIn. The one million follower landmark is the result of the cultivation of a community where big ideas that shape brands are shared, celebrated, and discussed.     Ogilvy’s one million LinkedIn followers come from across the globe and the business spectrum. The top five nations represented in Ogilvy’s LinkedIn community are the United States, India, United Kingdom, Brazil, and Spain; its followers come from industries as varied as Marketing and Advertising to ......read more

Burgan Bank Announces the Winner of the Al-thuraya Salary Account Monthly Draw

Kuwait – 8 September 2020:  Burgan Bank, announced today MS. ZAINAH HAITHAM RAAFAT ALNEMR as the lucky winner of the draw prize of Al-Thuraya Salary Accounts monthly draw.  The draw rewards new and existing customers who transfer their salary to Burgan Bank by offering them a chance to win KD 10,000 every month. Each account holder has one chance to enter the draw. The Al-Thuraya account holders have the option to hold money in Kuwaiti Dinar and other major currencies and can access account-related services such as standing orders, loans and credit cards, and benefit from the discounts and offers throughout the year. Customers wishing to open the Al-Thuraya account can do so by simply visiting the nearest Burgan Bank branch and obtain all the necessary details, or simply call the bank’s call center on ......read more

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw

Kuwait – September 6, 2020:  Burgan Bank announced today the names of the daily draw winners of its Yawmi account draw, each taking home a cash-prize of KD 5,000.   The lucky winners are:  1. EZEKIEL RICHARD JHON ARTHUR 2. LAILA JAMAL FUAD MARMASH 3. NAHEED AHMED YUSUF MOHSENI 4. MOHAMMAD JAWAD BOHAMAD 5. HUSSAIN FULABHAI   In addition to the daily draw, Burgan Bank also offers a Quarterly Draw with more chances to win higher rewards, offering the chance to one lucky customer to win KD 125,000 every three months. The Yawmi Account offers Daily and Quarterly Draws, wherein the Quarterly Draw requires customers to maintain a minimum amount of KD 500 in their account for two months prior to the draw date. Additionally, every KD 10 in the account will entitle customers to one chance of ......read more

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw '

Kuwait – August 31, 2020:  Burgan Bank announced today the names of the daily draw winners of its Yawmi account draw, each taking home a cash-prize of KD 5,000.   The lucky winners are:  1. AHMAD KHALIFAH RASHED ALSHAHOUMI 2. ADEL HAMDAN MOHAMMED ESMAEIL 3. TALAL MOHAMMED ABDULRAZZAQ ALMUTAWA 4. ATA AWAD MASOUD 5. FOUZEYAH ALI TAHER ALFAILAKAWI   In addition to the daily draw, Burgan Bank also offers a Quarterly Draw with more chances to win higher rewards, offering the chance to one lucky customer to win KD 125,000 every three months. The Yawmi Account offers Daily and Quarterly Draws, wherein the Quarterly Draw requires customers to maintain a minimum amount of KD 500 in their account for two months prior to the draw date. Additionally, every KD 10 in the account will entitle ......read more

Burgan Bank Encourages Customers to Enjoy Travelling with the Exclusive Qatar Airways Prepaid Card

 4000 Welcome Q-miles for free and for a limited period Kuwait – 26 August, 2020:   Ensuring all customers are met with banking solutions that serve their lifestyle needs, Burgan Bank now brings a limited time offer and other travel benefits through the Qatar Airways Prepaid card.  For those planning their adventures, customers and non-customers are encouraged to apply for the Burgan Bank Qatar Airways Prepaid card in order to enjoy free 4000 Welcome Bonus Q-miles, in addition to 3 Q-miles for every 1 KD spent locally, and 5 Q-miles for every 1 KD spent internationally. Q-miles are  bonus miles earned to  travel with Qatar Airways, a member of oneworld®, an alliance of thirteen world-leading airlines committed to providing the highest level of service and connecting you to over 1,000 ......read more

Monthly Mega Hit Offer Exclusively for Burgan Bank Customers from “Best Al-Yousifi” Electronics

Kuwait – 24 August, 2020:  Through its exclusive partnership with the leading electronics store in Kuwait, ‘Best Al-Yousifi’, Burgan Bank’s prepaid and credit cardholders can now enjoy an exclusive monthly ‘Mega Offer’ where they can receive a deal on one product with a bargain price only available for Burgan Bank’s customers. This mega hit offer provides limited quantities of a selected highly demanded product every month valid for 24 hours only. Customers can benefit from the ‘Mega’ offer while making purchases through "Best Al-Yousifi" website or the mobile application. Mr. Abdullah Hussain Al-Maqseed, Unit Head – Card Products, at Burgan Bank said: “We are delighted to continue collaborating with “Best Al-Yousifi”, which has a leading ......read more

'Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw

Kuwait – August 24, 2020:  Burgan Bank announced today the names of the daily draw winners of its Yawmi account draw, each taking home a cash-prize of KD 5,000.   The lucky winners are:    1. AWADH GHAYADH OBAID ALENEZI 2. MOHAMMED ABDULLATIF ALI MOHAMMED 3. MONA MOSTAFA IBRAHIM KHALEEL 4. IBRAHIM MOHAMMAD ALABBOUD   In addition to the daily draw, Burgan Bank also offers a Quarterly Draw with more chances to win higher rewards, offering the chance to one lucky customer to win KD 125,000 every three months. The Yawmi Account offers Daily and Quarterly Draws, wherein the Quarterly Draw requires customers to maintain a minimum amount of KD 500 in their account for two months prior to the draw date. Additionally, every KD 10 in the account will entitle customers to one chance of ......read more

FUNKO Bagged a New Guinness World Records™ Title

The largest packaged product mosaic (image) measures 157.7 m² and consisted of 8,600 items   20 August 2020 – Guinness World Records™ (GWR), the global authority on record-breaking achievements announced a new world record for The largest packaged product mosaic (image) measures 157.7 m² which was achieved by Funko (UAE) in association with Dubai Summer Surprises and Mall of the Emirates.  The brand-new title with a minimum requirement of 150 m2 is the first on-site adjudication GWR delivered in the MENA region since lockdown. The instalment, which consists of 8,600 packaged products, took 15 people and a total of 16 hours to complete, and was barriered off to ensure social distancing with promoters and walk-in shoppers.  The official attempt was made by Monkey Distribution, the Middle ......read more

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw'

Kuwait – August 16, 2020 - Burgan Bank announced today the names of the daily draw winners of its Yawmi account draw, each taking home a cash-prize of KD 5,000.   The lucky winners are:  1. SOUAD ABO ALALLA IBRAHIM 2. TAHSSEIN THABIT HUSSEIN AWAD 3. GHASSAN MOHAMMAD ZEIN 4. SAUD ABDULRAHMAN ALSAMAKAH 5. SAFAA MEJREN ESSA AL LOUGHANI   In addition to the daily draw, Burgan Bank also offers a Quarterly Draw with more chances to win higher rewards, offering the chance to one lucky customer to win KD 125,000 every three months. The Yawmi Account offers Daily and Quarterly Draws, wherein the Quarterly Draw requires customers to maintain a minimum amount of KD 500 in their account for two months prior to the draw date. Additionally, every KD 10 in the account will entitle customers to one chance ......read more

Global Commercial Insurance Pricing Increased 19% in Second Quarter COVID-19 Among Range of Losses Impacting Pricing

August 13, 2020:  Global average commercial insurance prices increased 19% in the second quarter of 2020, according to the Global Insurance Market Index released today by Marsh, the world’s leading insurance broker and risk adviser. The increase, the largest since the index was launched in 2012, follows year-over-year average increases of 14% in the first quarter and 11% in the fourth quarter of 2019.    As with the first quarter, average price increases were driven principally by increases in property insurance rates and financial and professional lines. Among other findings, the survey noted:   • Global property insurance was up 19% and global financial and professional lines were up 37%, while global casualty pricing was up 7% on average. • Composite pricing in the second quarter ......read more

Greenpeace Statement: Open Letter to the UN Regarding the FSO SAFER

13 August 2020:  Commenting on the publication of an open letter to the UN Secretary-General urging them to take action to deal with the FSO SAFER oil tanker and stop a humanitarian and environmental catastrophe off Yemen, Greenpeace MENA Executive Director Zeina Alhajj said: “Time has run out on doing nothing to avert the looming social and ecological disaster that is the FSO SAFER oil tanker. Inaction is no longer an option. “The UN is our last, best hope of averting a catastrophic oil spill in the Red Sea. It has all the influence and expertise to solve the problem and Greenpeace urge the Secretary-General to make repairing the tanker and removing the million barrels of oil on board a priority. “Unless the UN act we risk sleepwalking into a disaster of international significance that will heap even more ......read more

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw'

Kuwait – August 09, 2020: Burgan Bank announced today the names of the daily draw winners of its Yawmi account draw, each taking home a cash-prize of KD 5,000.   The lucky winners are:  1. SABER ABDULHAI AWAID MOHAMMAD 2. FATEMAH MASOUD SAAD ALMASOUD 3. SALEM NAYEF SALEM ALHAJRI   In addition to the daily draw, Burgan Bank also offers a Quarterly Draw with more chances to win higher rewards, offering the chance to one lucky customer to win KD 125,000 every three months. The Yawmi Account offers Daily and Quarterly Draws, wherein the Quarterly Draw requires customers to maintain a minimum amount of KD 500 in their account for two months prior to the draw date. Additionally, every KD 10 in the account will entitle customers to one chance of winning.  If the account balance is KD 500 and above, ......read more

Burgan Bank Announces NWinners of Yawmi Account Draw

Kuwait – August 5, 2020: Burgan Bank announced today the names of the daily draw winners of its Yawmi account draw, each taking home a cash-prize of KD 5,000.   The lucky winners are:  1. NASIMA ALI BHAI ANWAR 2. ARWA ABDULAZIZ ABDULLAH ALROBIE 3. MANNAA FARHAN MANNAA ALENEZI 4. KHAIREYAH MOHAMMAD HASSAN GHOLOM   In addition to the daily draw, Burgan Bank also offers a Quarterly Draw with more chances to win higher rewards, offering the chance to one lucky customer to win KD 125,000 every three months. The Yawmi Account offers Daily and Quarterly Draws, wherein the Quarterly Draw requires customers to maintain a minimum amount of KD 500 in their account for two months prior to the draw date. Additionally, every KD 10 in the account will entitle customers to one chance of winning.  If the ......read more

Burgan Bank will be Officially Closed during Eid Al Adha Holiday

Kuwait – 28 July, 2020:  Burgan Bank announced today that it will be officially closed for five days during Eid Al-Adha holiday, starting from Thursday, 30th of July 2020 until Monday, 3rd of August 2020 and will resume business on Tuesday, 4th of August 2020. On this occasion, Burgan Bank extends its best wishes and greetings on the coming of Eid Al Adha.  

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Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw

Kuwait – July 27, 2020:  Burgan Bank announced today the names of the daily draw winners of its Yawmi account draw, each taking home a cash-prize of KD 5,000.   The lucky winners are:  1. AWADH GHAYADH OBAID ALENEZI  2. AHMAD ISMAEIL ABDULLAH ALBANNAY  3. ABDULLAH OSAMAH FAHAD ALJARALLAH  4. GHADEER MOHAMMAD ALI RAMADHAN  5. ABDULRAHMAN MOHAMMAD ALBASSAM    In addition to the daily draw, Burgan Bank also offers a Quarterly Draw with more chances to win higher rewards, offering the chance to one lucky customer to win KD 125,000 every three months. The Yawmi Account offers Daily and Quarterly Draws, wherein the Quarterly Draw requires customers to maintain a minimum amount of KD 500 in their account for two months prior to the draw date. Additionally, every KD 10 ......read more

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw'

Kuwait – July 19, 2020:   Burgan Bank announced today the names of the daily draw winners of its Yawmi account draw, each taking home a cash-prize of KD 5,000.   The lucky winners are:  1. MAKEYAH ALI AHMAD ALKHUDHARI 2. MICHAEL MONTEMAYOR ALCALA 3. FAISAL FALEH AYED ALSUBAIEI 4. LAILA SHAKER ALHANBALI 5. SAUD MOHAMMED SAUD ALHUMAIDAN In addition to the daily draw, Burgan Bank also offers a Quarterly Draw with more chances to win higher rewards, offering the chance to one lucky customer to win KD 125,000 every three months. The Yawmi Account offers Daily and Quarterly Draws, wherein the Quarterly Draw requires customers to maintain a minimum amount of KD 500 in their account for two months prior to the draw date. Additionally, every KD 10 in the account will entitle customers to one ......read more

Commvault Announces Simply Rewarding Partner Advantage Program

— New and enhanced rebates; Increased flexibility across program tiers; and new deal registration benefits, all coupled with an innovative, partner-ready product portfolio positions partners to grow, profit and be future ready —   July 15, 2020:  Commvault (NASDAQ: CVLT), a recognized global enterprise software leader in the management of data across cloud and on-premises environments, today announced the launch of its enhanced Partner Advantage program, creating a path for partner future readiness built on industry-leading intelligent data management solutions and a commitment to innovation.  With the evolution of the program, partners will receive a range of benefits, including simple win, growth, and performance rebates. Partners will also have more flexibility across program tiers with predictable ......read more

TIJO THOMAS MANADAN Wins KD 4000 in Burgan Bank's Value Account Draw

Kuwait – July 14, 2020:  Burgan Bank today announced TIJO THOMAS MANADAN as the winner of the Value Account KD 4000 draw. The winner expressed his excitement of winning the cash prize of KD 4,000. Dedicated to offer the best in-class services, Burgan Bank’s Value Account presents customers with exceptional features which were specifically designed to suit the needs of expatriates living in Kuwait. Account holders will be able to enjoy matchless benefits that include receiving a free credit card for one year, application for a loan, in addition to a chance to enter the quarterly draw to win KD 4000 as well as other discounts from selected merchant stores.  Burgan Bank will continue presenting exclusive services and draws with an aim of exceeding customers’ expectations while offering them chances to win ......read more

Other Top Stories from Banking and Investments
 
'Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw'…

Kuwait – July 13, 2020: Burgan Bank announced today the names of the daily draw winners of its Yawmi account draw, each taking home a cash-prize of KD 5,000.   The lucky winners are:  1. ALIAH AHMAD ABDULAZIZ ALQATAMI 2. SHAYMAA ISMAEIL MOHAMMAD ALANSARI 3. ESSA ALI ABDULAH ALABDULHADI 4. ABDULKAREEM MOHAMMAD YOUSIF TAYOUN 5. SARAH MOHAMMAD ABDULLAH ALWAZZAN ......read more

Burgan Bank Announces the Winner of the Al-Thuraya Salary Account Monthly Draw…

Kuwait – 7 July 2020:   Burgan Bank, announced today Mr. ANFAR HUSSEIN MOHAMMED MALANG as the lucky winner of the draw prize of Al-Thuraya Salary Accounts monthly draw.  The draw rewards new and existing customers who transfer their salary to Burgan Bank by offering them a chance to win KD 10,000 every month. Each account holder has one chance to enter the ......read more

Burgan Bank Enhances E-Learning through its Learning & Development Online Portal…

As Part of the Bank’s Ongoing Digital Transformation Plan Kuwait- 1 July 2020:   Driven by progress and fostering continuous transformative growth, Burgan Bank employees are experiencing focused online learning through the dedicated Burgan Learning Digital platform. Led by the Learning and Development Department in the Human Resources and Development Group, the portal offers ......read more

Burgan Bank Announces the New Winner of the KD 125,000 Cash Prize in the Yawmi Quarterly Draw…

Kuwait- June 30, 2020:   Burgan Bank announced Mr. FAISAL FALEH AYED ALSUBAIEI as the new KD 125,000 cash prize winner in the Yawmi Quarterly Draw.  The winner expressed his excitement for being the winner of the rewarding cash prize with Yawmi Account from Burgan Bank. The Yawmi Quarterly draw offers customers chances to win higher rewards, entitling one lucky customer to win ......read more

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw'…

Kuwait – June 29, 2020 :   Burgan Bank announced today the names of the daily draw winners of its Yawmi account draw, each taking home a cash-prize of KD 5,000.     The lucky winners are:  1. KREKOR ARAM QARDANAQIAN 2. GHASSAN MOHAMMAD ZEIN 3. HAMID MAJID HAJI SALMAN ALBAQSAMI 4. ABDULLAH HAMEED HAMDAN ALMUTAIRI 5. OTHMAN SHAHAB HAMAD ......read more

Burgan Bank Launched its WhatsApp Service on 1804080…

Kuwait - 27 June 2020:   Burgan Bank recently launched its new WhatsApp business service on 1804080 to accommodate general customer queries. The new service which replaces the existing WhatsApp service of 55804080 addresses  customer’s expectations of speedy interaction  with  the Bank and reflects  the bank’s pursuit for customer convenience, this ......read more

Saxo Bank Launches Loyalty Program for MENA Region Clients…

Saxo Rewards is a transparent, highly personalized scheme powered by AI and big data   June 23, 2020:   Saxo Bank, the leading fintech and regtech specialist focused on multi-asset trading and investment, has introduced Saxo Rewards, a new, highly personalized loyalty program that offers traders and investors the opportunity to qualify for account upgrades by collecting ......read more

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw…

Kuwait – June 22, 2020:   Burgan Bank announced today the names of the daily draw winners of its Yawmi account draw, each taking home a cash-prize of KD 5,000.   The lucky winners are:  1. ALI JABER HELAL ALSHAMMARI 2. ALI AHMAD MOHAMMED ASHKANANI 3. BADER SAGHEER SAMEL ALKHALDI 4. SARAH MOHAMMAD ALWAZZAN AND ALIAH MOHAMMAD ALWAZZAN 5. ABDULLAH FALEH ......read more

Burgan Bank Launches New Appointment Booking Service…

Kuwait- 20 June 2020:  Burgan Bank announces the launch of its new appointment booking service to benefit its retail banking customers. Accessible through Burgan Bank’s official website, online portal and mobile banking application, the service will now save time as well as provide added convenience by avoiding branch visits to make appointments and ensuring customers have a ......read more

Burgan Bank Enhances Customer Experience with Electronic Virtual Assistant “BANKI”…

Investing in emerging technologies and first-of-its-kind solutions that are transforming the banking sector   Kuwait – 13 June 2020:  Demonstrating its leadership as an innovative financial solutions provider, Burgan Bank recently launched its voice enabled artificial intelligence-powered banking chatbot named ‘BANKI’. Adapting to the latest trends reshaping ......read more

Jordan Kuwait Bank Adapts to New Normal with Citrix…

Financial institution to extend use of remote work solutions across 1,300 employees to maintain operations Dubai, UAE, 10 June, 2020: COVID-19 continues to change the way companies do business in the Middle East. And one of the largest banks in Jordan is using solutions from Citrix Systems, Inc. (NASDAQ: CTXS) to adapt.  Jordan Kuwait Bank (JKB) has implemented  Citrix® ......read more

Made in Italy, ICSA® Issues a Notification of Counterfeit Products Found in the Kingdom of Saudi ...…

Counterfeits of door hinges are found in the KSA Concesio, Italy - (EMAILWIRE.COM) - The following is a notification from ICSA Serrature Srl that the door hinge identified below bears a counterfeit UL Certification Mark.  The door hinge has not been evaluated by UL to the appropriate Standards for Safety and it is unknown if they comply with any safety requirements.   Although ......read more

UAE Banks Among Top Performing in GCC, KPMG Report Finds…

21 May 2020: KPMG recently released its fifth edition of the ‘GCC listed banks’ results’ report, which analyzes the published results of listed commercial banks across the region for the year ended 31 December 2019. The report, titled ‘New Age Banking’, demonstrates that the UAE’s top ten banks reported positive results in 2019, with an average 13.9 ......read more

COVID-19 Triggers Marked Decline in Global Trade: UNCTAD…

• Global trade values fell 3% in the first quarter of 2020 • An estimated quarter-on-quarter decline of 27% is expected in the second quarter • Commodity prices fell by a record 20% in March, driven by steep drops in oil prices    13 May 2020:  The coronavirus pandemic cut global trade values by 3% in the first quarter of this year, according to the ......read more

Kuwait COVID-19 Business Impact Survey Finds 45% of Businesses Have Shut Down Since February 2020, ...…

Kuwait, May 13, 2020:  Since Kuwait instituted lockdowns to reduce the spread of the COVID-19 virus last March, 45% of Kuwaiti business owners said they have suspended or shutdown their businesses. Another 26% are on the verge of collapse after seeing their revenue drop by more than 80%, revealed a Business Impact Survey published by Bensirri PR (BPR), an independent corporate, financial and ......read more

Burgan Bank Offers Cash Delivery Service during the time of COVID-19…

Kuwait – 26 April 2020:   Burgan Bank is providing "cash delivery" service to its elderly, special needs, and Premier Banking customers in cooperation with "Qibla" concierge services company. To ensure providing the highest quality service to the bank’s clients, the service includes door to door cash delivery. The safety of clients is the ......read more

Burgan Bank Holds its 54th Annual General Assembly Meeting…

Shareholders approve distribution of 12 fils Cash Dividend for the Year 2019   Kuwait – April 13, 2020:   Burgan Bank held its 54th Ordinary Annual General Assembly meeting on Sunday 12 April 2020 at the KIPCO Tower, with a quorum of 82.7%. The Board of Directors of the bank submitted the financial results achieved for the past year ending on December 31, 2019 to its ......read more

Burgan Bank Announces the Winner of the Al-Thuraya Salary Account Monthly Draw…

Kuwait – 7 March – 2020:   Burgan Bank, announced today Mr. VYSAKH NARAYANAN SAHADEVAN as the lucky winner of the draw prize of Al-Thuraya Salary Accounts monthly draw.  The draw rewards new and existing customers who transfer their salary to Burgan Bank by offering them a chance to win KD 10,000 every month. Each account holder has one chance to enter the ......read more

Burgan Bank Group Announces Solid FY 2019 Performance…

Net Income: KD 84.7mn (+3%) Dividends (Recommended): 12 fils per share  Return on Equity: 10%   Kuwait – March 7, 2020:   Burgan Bank K.P.S.C. (“Burgan” or “Group”) announced its Full Year 2019 financial results today. Burgan’s FY’19 Net Income grew to KD 84.7mn (up 3% y-o-y), thereby generating shareholders returns of 10%. ......read more

''Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw''…

Kuwait – March 7, 2020:   Burgan Bank announced today the names of the daily draw winners of its Yawmi account draw, each taking home a cash-prize of KD 5,000.   The lucky winners are:    1. IBRAHIM GULAM HUSAIN 2. SALEM HADHEL SALEM ALJALAWI   In addition to the daily draw, Burgan Bank also offers a Quarterly Draw with more chances to ......read more

Trade Bank of Iraq Showcases Investment Opportunities in Iraq at Global Trade Review MENA 2020 ...…

Dubai, February 26, 2020:   Trade Bank of Iraq (TBI) promoted investment opportunities in Iraq at the Global Trade Review (GTR) MENA 2020 summit held in Dubai and highlighted their commitment towards reconstruction of Iraq through its activities in the trade finance sector. Several infrastructure projects are underway in Iraq as the country continues to rebuild leading to several ......read more

Burgan Bank's Working Hours during Kuwait's National and Liberation Holiday…

Kuwait –23 February, 2020:  Burgan Bank announced today that it will be officially closed during the National and Liberation Day Holidays from 25/2/2020 till 27/2/2020 and will resume business on Sunday the 1st of March 2020. However, to accommodate Burgan Bank customers, the Airport Branch will be operating 24 hours during the holidays. Khairan Branch will be operating on ......read more

For the 19th Consecutive Year, Burgan Bank Continues its Commitment to the Kuwait Association for ...…

Kuwait, 23 February 2020: Burgan Bank reiterated its support to the Kuwait Association for Care of Children in Hospital (KACCH) by presenting its annual donation to the association this season. Maintaining its strong 19 year-long partnership, the financial aid ensures access to optimal healthcare within pediatric facilities at various health institutions for the children and their ......read more

Burgan Bank Celebrates the Successful Graduation of its Young Kuwiti Bankers…

Kuwait – 19 February 2020:   Burgan Bank celebrated the graduation of the 2019 - 2020 batch of Kuwaiti trainees from its dedicated Academy program. Led by the Learning & Development department, 24 ambitious trainees were inducted into the world of banking through theoretical and experiential learning.     The new bankers were coached on the respective ......read more

Burgan Bank Served as Gold Sponsor at MGRP Career Fair…

Moulding young banking leaders of tomorrow   Kuwait – 19 February, 2020:   For the 3rd consecutive year, Burgan Bank participated in the 2020 Manpower and Government Restructuring Program (MGRP) Career Fair. As a Gold sponsor this year, the Bank joined to network and familiarize the students to the high caliber and dynamic work environment the bank has ......read more

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