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Burgan Bank Employees Successfully Conclude Participation in the ‘Productivity, Engagement & Peak Performance' Conference

Kuwait, 15 December 2018:  Burgan Bank staff recently completed its active participation in the final event of the year by the widely popular educational platform – Knowledge Club on December 11. The bank’s middle and senior level employees learned about leading management practices and cutting-edge research to substantiate the importance of employee engagement. Entitled ‘Productivity, Engagement & Peak Performance’, the conference addressed the art of boosting employee’s engagement levels and productivity to improve business results. During the intensive session, participants interacted with best-selling authors, international keynote speakers, and globally sought-after trainers to gain insights into the trends that affect businesses today, hands-on strategies to enhance employee engagement ......read more

Burgan Bank Appoints Raed Al-Haqhaq as Chief Executive Officer for its Kuwait Operations

Mr. Al-Ajeel: “We are confident that under the leadership of Mr. Al-Haqhaq, the Bank will continue its solid performance.” Kuwait – December 10, 2018:   Burgan Bank has announced today the appointment of Mr. Raed Al-Haqhaq as Chief Executive Officer for its operations in Kuwait after obtaining approval from the Central Bank of Kuwait. Mr. Al-Haqhaq played a vital role in shaping and executing the strategic direction of Burgan Bank - Kuwait under his previous role as Deputy Chief Executive Officer – Kuwait and will continue to lead the bank to the next phase. Mr. Al-Haqhaq assumed his new responsibilities as of 3rd December 2018. Mr. Majed Essa Al-Ajeel, Chairman of Burgan Bank Group said: “I would like to congratulate Mr. Raed Al-Haqhaq on his new role. With an exemplary track record and a ......read more

Jean-Damien Marie appointed as Head of Investments EMEA in Barclays Private Bank & Overseas Services

Kuwait, 26 November 2018:   Barclays announces today that Jean-Damien Marie has joined as Head of Investments EMEA in Private Bank & Overseas Services.   With over 20 years’ experience in capital markets, asset and wealth management business development and portfolio construction for large asset owners, Jean-Damien brings deep private banking and investment expertise to the team to support the delivery of the high-growth strategy for Private Bank & Overseas Services across the region.  He will be responsible for the development and positioning of Barclays as a best-in-class advisory and discretionary manager and as a leading sales, trading and transactional idea provider in EMEA and will be based in Geneva. Jean-Christophe Gerard, Head of Investments, Private Bank & Overseas Services, ......read more

Burgan Bank Sponsors ‘Waves of Brazil' for the Second Consecutive Year

Kuwait, 26 November 2018:   Burgan Bank, an important supporter of cultural activities in Kuwait, is pleased to announce it sponsored the Brazilian Musical Night ‘Waves of Brazil’ at the Yarmouk Cultural Center for the second year in a row. Held on 18 November 2018 under the patronage of the Brazilian Ambassador to the State of Kuwait, H.E. Norton de Andrade Mello Rapesta, the event aimed at advancing the soul-soothing musical scene in Kuwait and honoring the essence of rich Brazilian performances. The musical extravaganza brought by “Choro Livre,” the well-renowned musical group, captivated the audience, and put it at ease with their soothing melody, proving the power of music to bring out positive emotions. ‘Choro Livre’ plays contemporary versions of the classics of Choro and fills ......read more

INJAZ Al-Arab Gears-up for the 12th Annual Young Arab Entrepreneurs Competition to be held in Kuwait

Held Under the Patronage of His Highness the Amir of the State of Kuwait Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah 25 November 2018:   INJAZ Al-Arab – member of Junior Achievement Worldwide – is hosting their 12th Annual Young Arab Entrepreneurs Competition in Kuwait between November 26 and 29, 2018. The competition will see 80 students from 11 countries across MENA compete over 12 award categories before their peers and a panel of high-profile judges.    Held under the patronage of His Highness the Amir of the State of Kuwait Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah, the event will welcome over 180 attendees from INJAZ teams, volunteers and chaperons. The competition will conclude with a glittering award ceremony to be held on November 28, welcoming over 400 guests, including high-school and university ......read more

Burgan Bank Invites Every Kid to the ‘International Children's Day' Festival' at the Avenues Mall

Kuwait – November 19, 2018:   In line with its dynamic full-fledged community program that encourages positive change, Burgan Bank is delighted to announce its support as the lead sponsor of the upcoming ‘International Children’s Day Festival’. As an avid advocate for children's development and wellbeing, the bank’s support of this international day promotes children’s welfare worldwide. Through its first strategic collaboration and sponsorship with Porsche Club Kuwait, the bank will enable a four day celebration filled with exciting and interactive activities dedicated to bringing happy moments for all children. Scheduled to be held from 21- 24 November 2018 at The Avenues - Phase 4 from 10 am till 10 pm, the theme of the event is to remain active and enjoy every second. Burgan Bank ......read more

Burgan Bank Celebrates Successful Graduation of Young Bankers

One-month program aims at providing solid practical & theoretical experience  Kuwait, October 31, 2018:  In keeping with its reputation as a leading banking institution and sought-after career destination, Burgan Bank recently celebrated the graduation of the new batch of 20 trainees from Burgan Bank’s new Burganers Development Program . Led by the Learning & Development department, it is dedicated to raising the bar of excellence and performance for future Kuwaiti  bankers by accommodating the new graduates with comprehensive training and professional learning experiences which constitutes the ideal start to their career in the banking sector. Initiated nearly a decade ago, the program focuses on equipping the new recruits with the necessary qualifications, core competencies, and experience to perform ......read more

Burgan Bank Offers Exclusive Discount to Youth Customers on Richards Coffee Bar

Kuwait - 30 October 2018:   Promising its customers receive advantageous offers from popular outlets in Kuwait, Burgan Bank announced its latest partnership with Richards Coffee Bar that will entitle its Youth customers with an exclusive 15% discount. Youth cardholders can indulge in the genuine and unique taste of coffee beverages served at Richards Coffee Bar, famed for its coffee bean seeds collected from around the world. Burgan Bank seeks to keep abreast of modern preferences, especially for coffee lovers as coffee grabs a large sector of people in Kuwaiti society. As this new offer allows the customers to benefit from the discount on Richards Coffee Bar, the most prominent specialty coffee bar and professional roaster, situated in Kuwait City. Richards Coffee bar provides a fun and comfortable atmosphere surrounded by ......read more

Burgan Bank Announces Another Strong Quarter

Net Income reaching KD71.0 million (USD235 million) in Nine months with 32% growth YoY Operating Income reaching KD206.6 million (USD685 million) in Nine months, 15% growth YoY reflecting Solid Operating Capabilities Kuwait – October 29, 2018:   Burgan Bank Group announced today its nine months earnings for the financial year 2018 reporting a net income of KD71.0 million (USD235 million) with a growth of 32% year on year while during the third quarter of 2018 the Bank registered KD20.5 million (USD68 million) growing 36% in comparison to the same period last year. The set of results for the period ending in 30th September 2018 demonstrated solid operating capabilities and efficiencies.  Earnings per share grew for the first nine months by 38.5% year-on-year reaching 26.6 Fils, and achieving return on ......read more

Burgan Bank Sponsors the First “Awaken Festival” in Collaboration with en.v

Long term partnership aims to bolster civil society sector capacity and capabilities within Kuwait Kuwait –24 October 2018:   As a positive contributor to Kuwait’s society, Burgan Bank has forged an eighteen month partnership ending March 2020 with en.v, an organization dedicated to fostering social development and civic engagement in the Middle East. The new strategic collaboration aims to ameliorate the spread of knowledge through innovative platforms and initiatives, and drive the sustainability of local communities. To kick-start the partnership, Burgan Bank is sponsoring the first event, titled ‘Awaken Festival’ to enhance the civil society’s capacity and capabilities in Kuwait. The festival will be held during the period of 15-17 November 2018 at Dar al-Athar al-Islamiyyah in Yarmouk ......read more

Burgan Bank Hosts the “Job Shadow” Program in Collaboration with INJAZ Kuwait

Reinforcing its mission to build strong leaders of tomorrow Kuwait – 23 October 2018:   As a sought-after career destination that seeks to develop the skills and expertise of future leaders in the market, Burgan Bank recently hosted a “Job Shadow” program in collaboration with INJAZ-Kuwait. Through the latest skills-building program, Burgan Bank aims to create a highly educated generation of ambitious and driven professionals.  The “Job Shadow” Program offers school students the opportunity to explore different business sectors through a series of workshops and field visits that are presented by the respective heads, professionals, and business owners. INJAZ-Kuwait is a private sector driven, non-profit organization that works on developing and building business and entrepreneurial ......read more

Burgan Bank Holds Annual Awareness Campaign ‘Together Against Breast Cancer'

Advocating for better health and wellness among its employees Kuwait – 20 October 2018:   As one of the leading contributors to community development and a pioneer in supporting healthy lifestyles, Burgan Bank recently hosted its yearly breast cancer awareness campaign dedicated to the betterment of its staff. Titled “Together against Breast Cancer,” the bank organized an educational workshop aimed to stress the importance of healthier nutrition, regular exercise, and raise awareness about symptoms, causes, risk factors, treatment, types, and prevention methods.  The workshop brought to light one of the most concerning health risks plaguing the country wherein, an alarming increase of cases have been reported both locally and internationally. This year’s session was led by Dr. Noha ......read more

Burgan Bank Group successfully completes its Rights Issue

Rights Issue oversubscribed with healthy shareholder participation Kuwait, 14 October 2018:   Burgan Bank, Kuwait’s second largest conventional bank by assets, announced successful completion of its Rights Issue, whereby the bank raised KD62.55 million of equity by issuing 240.58 million shares. The Rights Issue was oversubscribed with healthy participation from its existing shareholders, underscoring the strength of the franchise. Mr. Majed Essa Al Ajeel, the chairman of Burgan Bank commented: “We are very pleased with the results of the rights issue and grateful for the support and trust that our shareholders have put in us. The oversubscription reflects their confidence in the bank’s performance and its future prospects.”  The Rights Issue represents a 10.6% of increase in the issued ......read more

Burgan Bank announces the new winner of the Al Thuraya Salary Account Monthly draw

Kuwait – 10, October 2018:  Burgan Bank, announced today Mr. MUSTAFA SHAIKH ALI HUSAIN as the lucky winner of the Al Thuraya Salary Account monthly draw.  The draw rewards new and existing customers who transfer their salary to Burgan Bank by offering them a chance to win a Nissan Patrol SUV every month. With every KD 10 available in the account, the customer receives 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.

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Burgan Bank concludes "Decision Making Skills" workshop in cooperation with "Knowledge Club"

Providing its employees with new business development skills by making the best decisions Kuwait, 9 October 2018:   Burgan Bank recently participated in the ‘Decision Mojo’ workshop by leading knowledge transfer platform, Knowledge Club, as part of its long-term commitment to employee development and strengthening of skills and methods to make the right decisions in their respective fields. Attended by bank’s staff from different departments in coordination with the Learning and Development Center of the Human Resources Department, the workshop shed light on the essential components that enable consistency in making high-quality decisions to ensure seamless business operations. Held on 7-8 October 2018, the two-day workshop, one of the most important crucial workshops within the comprehensive program of ......read more

Burgan Bank announces names of the daily lucky winners of Yawmi account draw'

Kuwait – October 7, 2018: 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:  LATEEFAH MOHAMMAD HAMAD ALBUSAILI  RAED AHMAD ALDABBOUSI ALQUT EMAN SULAIMAN AHMAD ALZAMEK BADER ESAM BADER ALESSA FATEMAH MOSATAFA ALI MOSTAFA 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

Second & Third Batch from Burgan Bank Successfully Complete

The Leadership Challenge® Complete Model Kuwait- 3 October 2018:   To further solidify its position as a dynamic financial powerhouse, Burgan Bank recently concluded The Leadership Challenge® (an evidence-based global leadership development program) with the second and third batch of internal management. Continuing to invest in its employees by providing the latest tools and resources for long term growth,   the widely practiced model of leadership development was integrated to advance skills of high potential leaders in line with current market demands. Working in tangent with the newly adopted strategy in the Learning and Development department at Burgan Bank, The Leadership Challenge® that ran for two days followed by on the job coaching was successfully completed by nearly forty participants ......read more

Burgan Bank announces names of the daily lucky winners of Yawmi account draw

Kuwait – 23 September 2018:  Burgan Bank, the second largest in terms of assets, 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:  HAYDAR HASAN ABDULLAH ALMUHANNA NASER ABDULAZIZ ABDULLAH ALAWADHI GHAZI MOHAMMAD ALKHALAF AHMAD YOUSEF HASAN ALHADDAD ABASS MAHMOUD SAEED 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 ......read more

Burgan Bank Group Commenced Today its Rights Offering to raise up to KD62.55 million

Issuing up to 240.58 million shares at KD 0.260 per share Kuwait – September 19, 2018:   Burgan Bank, Kuwait’s second largest conventional bank by assets, announced today that it commenced its Capital Rights Offering process to raise up to KWD 62.55 million of additional capital. The subscription period will end on the 10th of October 2018. The Bank said that the Rights Offering consists of the issuance of 240,581,530 ordinary shares at an offer price of KWD 0.260 per share which includes a share premium of KWD 0.160 and represents an increase in the total number of issued shares from 2,259,418,470 shares to2,500,000,000  shares, and an increase of 10.6% in the existing issued share capital of the Bank. The net proceeds of the Rights Offering will be used to improve the Bank’s capital adequacy ......read more

Burgan Bank Group is currently not experiencing any material impact on its profitability

Mr. Al-Ajeel: “Our business model is solid and well prepared to handle volatility if it persists.”  Hedging strategy on investment in Burgan Turkey’s capital protects it against currency volatility   Kuwait, 18/September/2018: Burgan Bank Group (the Group) announced today that its Turkish subsidiary, Burgan Bank A.S. – Turkey (The Bank), remains vigilant with regards to the volatility in Turkey and is, at present, not witnessing any material impact on its profitability. The Group continues to closely monitor the effects of the recent volatility of the Turkish currency and the domestic interest rates and its impact on borrowers and on the economy in general. Mr. Majed Essa Al-Ajeel, Chairman of the Board of Burgan Bank Group, commented: “We are firm believers in the Turkish economy. Its ......read more

Burgan Bank Collaborates exclusively with Al Kazemi Travel & Tourism to Offer Exclusive Discounts

Kuwait - 15, September 2018:   Burgan Bank announced its latest exclusive partnership with Al Kazemi Travel & Tourism that will entitle its customers with an exclusive 10% discount on airline tickets. The new offer that is available on First, Business and Economy Class seats enables Burgan Bank customers to enjoy the experience of travelling without any hassle through its advantageous deals including highest quality tours, premium services and personalized assistance.  This agreement also grants free tickets to the followers of Burgan Bank’s on its social media platforms. The Al Kazemi Travel & Tourism have been operational for more than four decades, earning a reputable name both locally and regionally. And with this offer, Al Kazemi Travel & Tourism allow customers to reserve their tickets or ......read more

Burgan Bank Provides New Summer Trainees Modern Banking Experience

Kuwait- 25 August 2018:   Burgan Bank, a sought-after career destination providing opportunities for young achievers to shine and progress, recently selected and trained 20 interns’ girls and boys from secondary school during the summer. Organized by Burgan Bank’s Learning and Development Center, the annual summer training program for the year 2018, was an extensive two week course that included both practical and theoretical training aimed at equipping the youth with the necessary skills to advance in the world of banking. Aside from other multifaceted and dynamic training exercises throughout the rest of the year, this ongoing summer educational initiative is centered on its corporate social responsibility to train high-caliber youth and facilitate their role in the Kuwaiti community as resourceful and ......read more

Burgan Bank offers Free Eideya Delivery Service to Premier Banking Customers

Kuwait, 4 August 2018: Burgan Bank announced today the free Eideya Delivery service to Premier Banking Customers in collaboration with “Qiblah” company for concierge services. This service enables Premier Banking customers to receive new bank notes before the Eid holidays at their offices or homes, avoiding the hassle of waiting in the branches at that time of the year.  To request this service, Premier customers can simply contact Qiblah concierge services starting 9 am until 6 pm, by calling 22317755 or emailing Burganpremier@qiblah.com.kw to request the amount of Eid money required and state their address in order for the concierge messenger to deliver it accordingly noting that this service is available from 5th till 15th of August 2018 (Except Friday). It is worth mentioning that the Eideya delivery ......read more

Burgan Bank Contributes to the Integration of Children with Autism into Society through Support of Autism Partnership - Kuwait

Kuwait - 01 August 2018:   Burgan Bank, one of the leading contributors to social inclusion in Kuwait, reiterates its commitment to supporting Autism Partnership Kuwait (APK) for the Rehabilitation and treatment of Children with Autism Spectrum Disorder (ASD) through financial aid as it will reduce the heavy mental and financial burden of the parents and families. Burgan bank also strives through this Support to provide the necessary services and care based on worldwide proven therapeutic methodologies, in order to encourage those Children to achieve the highest degree of development, which enables them to complete the integration with their peers in the community. Driven to deliver meaningful contributions that will produce a lasting impact in the society, Burgan Bank seeks to generate wider awareness of Autism and the ......read more

Kuwait National Exchange Rebrands as Unimoni

Strengthens commitment to drive the financial empowerment of its customers in Kuwait in line with its future vision. Kuwait, 04 July 2018:   Kuwait National Exchange WLL, a leading money transfer and foreign currency exchange provider and a member of the UAE Exchange Group, announced its rebranding as “Unimoni”. This makes Kuwait the second country in the Group’s global network to adopt the Unimoni brand. Unimoni, short for “Universal Money”, will drive the agenda of providing a broad spectrum of innovative financial services across geographies, currencies and channels, enabling customers to achieve their financial ambitions.  Vivek P Nair, General Manager, Unimoni Kuwait, said, “We are excited to launch the Unimoni brand in Kuwait, in line with our group’s global vision ......read more

Other Top Stories from Banking and Investments
 
Global payment solutions leader EastNets partners with Kuwait's Boubyan bank to launch SWIFT gpi ...…

Dubai, UAE, June 6, 2018:  Leading provider of compliance, payment and cloud solutions, EastNets has announced its partnership with Kuwait’s Boubyan Bank to roll out SWIFT’s global payments innovation (gpi) service for its customers across the country. With the introduction of SWIFT gpi, Boubyan Bank will offer its customers high-speed cross-border payments with end to end ......read more

KAMCO sponsors the 3rd Kuwait Debt Capital Markets Conference…

Organized by Gulf Bond and Sukuk Association  Market participants are optimistic about the potential of the KD market  More than 100 senior executives, government officials, international and regional investors, and market participants attended the key conference   DUBAI, March 12, 2018 –   The Gulf Bond and Sukuk Association (GBSA), in partnership ......read more

CBRE Group, Inc. Named a World's Most Admired Company by Fortune Magazine for Sixth Consecutive Year…

Dubai, UAE, January 23, 2018:  CBRE Group, Inc. (NYSE:CBG) today announced that Fortune magazine has named the company a World’s Most Admired Company in the real estate industry for the sixth consecutive year.  Fortune rates companies on nine attributes related to corporate performance. In 2018, CBRE was ranked second overall in the real estate sector (behind only Host Hotels ......read more

Credit FAQ Discusses Potential Implications Of Qatar Boycott For Gulf Cooperation Council Sovereigns…

LONDON (S&P Global Ratings) Aug. 9, 2017:  In a Credit FAQ titled "Potential Implications Of Qatar Boycott For Gulf Cooperation Council Sovereigns," published today, S&P Global Ratings responds to questions that have surfaced in recent discussions with issuers and investors about the implications of the Qatar boycott by a group of states for the Gulf Cooperation Council ......read more

Arab-Brazilian Chamber of Commerce welcomes Kuwait's move to import Brazilian livestock…

UAE, June 12, 2017- The Arab-Brazilian Chamber of Commerce (ABCC) has welcomed the Kuwaiti Government’s announcement to import livestock from Brazil, saying that this new landmark development will lead to stronger and more vibrant trade ties between the two nations.  The decision authorizing the Brazilian livestock exports was finalized during the meeting held in Kuwait City between ......read more

Trump, Opec the Key Drivers for Commodities…

Bond yields, US stocks tumbled on post-Comey Trump crisis HG copper recovers as Chinese tightening prospects recede Soybeans, sugar and coffee all hit by Brazilian real's tumble Coffee plantation, Brazil: The political crisis in Brazil has impacted soybeans, sugar and coffee prices. By Ole Hansen The uncertainty related to the political future of US president Trump and his ......read more

Dhofar Global to strengthen its presence in KSA, Kuwait & Bahrain by 2020…

May 09, 2017- Dhofar Global, a leading supplier of hygiene products in the Middle East, has marked its 10th anniversary with a celebration of its decade-long accomplishments and the unveiling of a more ambitious expansion plan to fully cement its market footprint across the region. The company recently hosted an event for their suppliers, clients and employees at the Westin Dubai Mina Seyahi ......read more

Amazon to Acquire SOUQ.com…

Dubai, UAE, March 29, 2017:  Amazon (AMZN) today announced that it has reached an agreement to acquire SOUQ.com, an e-commerce leader in the Middle East. Joining the Amazon family will enable SOUQ.com to continue growing while working with Amazon to bring even more products and offerings to customers worldwide. “Amazon’s entry into the region reflects the visionary foresight ......read more

MEIRA signs MOU with Boursa Kuwait in efforts to strengthen Middle East IR practice…

Dubai, United Arab Emirates - March 28, 2017:  The Middle East Investor Relations Association (MEIRA) signed a Memorandum of Understanding (MOU) with Boursa Kuwait in efforts to raise awareness of the Investor Relations (IR) function across the region through collaboration initiatives at local levels. Alex MacDonald-Vitale, MEIRA Chairman, joined Mr. Khaled AlKhaled, Boursa Kuwait Vice ......read more

ASAR – Al Ruwayeh & Partners acts as Kuwait legal counsel for the State of Kuwait's GMTN Programme ...…

Kuwait – 20 March, 2016: ASAR - Al Ruwayeh & Partners (ASAR), Kuwait’s leading and most prominent corporate law firm, and one of the region’s top tier law firms, is pleased to have acted as Kuwait law counsel to the State of Kuwait, acting through the Ministry of Finance and represented by the Kuwait Investment Authority, on the establishment of its Global Medium Term Note ......read more

The Kuwait Financial Forum will be held on 4-5 April: The Banking Sector in GCC against a Backdrop ...…

Under the patronage of His Highness the Emir of Kuwait and the attendance of His Excellency the Deputy Prime Minister, Minister of Finance A dialogue platform between financial and economic policymakers and the banking sector leadership Timely topics, that covers Islamic banking industry, technology, digital services, and the Kuwait Development Plan Kuwait –March 13, 2017: ......read more

Zain Kuwait enters three-year application development and modernization contract with Ericsson…

Agreement will see Zain Kuwait benefit from all end to end services provided by Ericsson as part of ADM. Ericsson will provide the latest offering in Application Development and Maintenance to transform the operator’s business outcomes Dubai, UAE, March 8, 2017:  During the 2017 Mobile World Congress in Barcelona, Zain Kuwait and Ericsson have entered a three-year agreement ......read more

Kuwaiti Companies Select Konica Minolta to Enhance Production Capability and Quality Service…

Dubai, UAE, November 26, 2016:  Konica Minolta Business Solutions Middle East, today announced that German Press and Koot Al Watan Press, two Kuwait based printing companies, have added Konica Minolta printing machines to their businesses.  The leading printing companies sought to improve turnaround times, increase production capacity and better quality to further help them deliver ......read more

Azadea Group wins big at the 2016 Middle East Retail Forum…

Zara, Virgin, Eataly and PAUL dominated the 6th edition of the of the renowned RetailME Awards in Dubai      Dubai, UAE, October 20, 2016:   Azadea Group, the premier lifestyle retail company that owns and operates more than 50 leading international franchise concepts across the Middle East and Africa, has announced winning 6 awards through its prominent brands at the ......read more

SOUQ.com hosts ‘SOUQ Engage 2016' to empower Sellers and SMEs to Grow Business Opportunities in MENA…

“Fulfilled by SOUQ” and “SOUQ Selling Center” especially designed to support Sellers to grow their businesses and provide exceptional shopping experiences to the customers      Dubai, UAE, October 12, 2016:   SOUQ.com, the largest online and marketplace platform in the Middle East hosted a highly engaging event to enable and empower sellers and ......read more

Dhofar Global enters into partnership agreement with ffuussTM…

October 05, 2016 - Demonstrating its commitment towards the highest standards in quality, technology and hygiene, Dhofar Global, a leading supplier of hygiene care products in the Middle East, has signed a strategic partnership with ffuussTM, a hand dryer manufacturer and part of Spain-based OTS Group. The contract awards Dhofar Global the exclusive distributorship of ffuussTM air dryers in ......read more

Global leaders converge in Dubai next week for African investment conference…

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The 7th Arabia CSR Forum ropes in leading names in sustainability…

UAE, October 2, 2016 - The Arab Region’s most talked about CSR Forum will be happening on October 19, 2016 in Dubai. Taking place annually for the past six years, the forum has become known all over the Region and even beyond as a platform that promotes latest thinking and current philosophies around CSR and sustainability.  This year too, the forum will present fresh thinking and ......read more

Bentley and Shell Announce Global Framework Agreement…

EXTON, Pa., U.S.A.– July 13, 2016 – Bentley Systems, Incorporated, a leading global provider of comprehensive software solutions for advancing infrastructure, today announced a new Global Framework Agreement with Shell. The agreement serves to improve Shell’s capital project construction execution through automated 4D/5D construction management solutions provided by Bentley as a ......read more

Al Ansari Exchange pledges AED 50 million donation to various charities in commemoration of its ...…

UAE, May 23, 2016–Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, commemorates the 50thAnniversary of its establishment. To mark the occasion and in line with the wise directions and vision of the UAE’s leadership to consolidate the country’s prominent position  in the region and the world, the company is poised to establish new ......read more

Ahli United Bank's AGM approves 18% cash dividends…

Ahli United Bank B.S.C today held its Annual General Meeting and the Extraordinary General Meeting at the Bank's headquarters in Seef District, Kingdom of Bahrain. The meetings were presided over by AUB’s Chairman Mr. Hamad M. Al-Humaidhi and were attended by shareholders representing 81% of Bank's shares.   AUB's AGM has approved the distribution of a cash dividend ......read more

78 Teams qualify to next round of the MIT Enterprise Forum Arab Startup Competition; an event ...…

A record 5,967 teams comprising over 16,500 entrepreneurs from 21 Arab countries enter competition Winners ceremony to be held in Jeddah on 14 April, 2016  Kuwait, Jeddah, Beirut - 16 February, 2016 The MIT Enterprise Forum (MITEF) of the Pan Arab region, in partnership with Community Jameel, the Corporate Social Responsibility arm of Abdul Latif Jameel and Zain Group, a leading ......read more

Kuwait Forum Investment Climate & Opportunities…

Kuwait, December 12, 2015:  Kuwait Direct Investment Promotion Authority (KDIPA), announces that it is convening its first promotional conference “Kuwait Forum: Investment Climate & Opportunities” under the patronage of H.H. the Emir of Kuwait Sheikh Sabah Al Ahmad Al Jaber Al Sabah, on March 8-9, 2016 at the Courtyard Marriott Hotel-Kuwait. The Forum intends to advance ......read more

World Islamic Banking Conference (WIBC) to Chart Future of Commodities, Currencies and Asset ...…

This December experts from the US, Turkey, UAE, Egypt, UK, Saudi Arabia and other markets to provide Islamic finance industry with its asset allocation outlook for 2016  11 November 2015, Manama, Bahrain:  The World Islamic Banking Conference (WIBC) 2015 will gather seasoned economists, asset managers and investment bankers who will provide a holistic view of asset allocation ......read more

ELECRAMA networking evening set for Kuwait…

Aimed to create business opportunities for electricity industry players Dubai, November 1, 2015: Elecrama 2016, the world's largest trade and networking forum for the electricity industry, will be organizing a networking event for the benefit of key industry stakeholders and decision makers in Kuwait. The event is being held to widen awareness of the enormous business potential ......read more

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